Swampy update: SWAMP Live price, price chart, news and markets

What is a Swampy (SWAMP) token?

Swampy (SWAMP) is a governance token native to the Swamp.finance ecosystem. Swamp.finance is a yield optimizer hosted on Binance Smart Chain (BSC). The Swampy token is primarily used for participating in voting on SwampDAO proposals. Users who deposit their assets in Swamp.finance vaults also receive a bonus yield in Swampy tokens.

How to acquire SWAMP tokens?

SWAMP tokens can be traded on Pancakeswap, a leading decentralized exchange (DEX) hosted on Binance Smart Chain (BSC). Pancakeswap operates as an automated market maker (AMM), allowing users to purchase SWAMP tokens and instantly exchange them with other BEP-20 tokens listed on the platform.

What is Swamp.finance?

Swamp.finance is a yield optimizer that facilitates yield aggregation for SWAMP token holders and users. The platform utilizes vaults to automate the yield farming and compounding processes, resulting in more efficient gas utilization and other automated functions. By employing various yield strategies, Swamp.finance helps users grow their assets through automation. The platform's compounding strategy and pricing model are designed to incentivize long-term yield farming and reward long-term holders. With the automation factor, users can passively invest in Swamp.finance vaults without the need for extensive knowledge of the underlying protocols. The goal is to increase the value of users' deposited assets, similar to the approach of crypto hedge funds, with minimal user involvement.