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FINSWAP serves as a platform that allows users to swap, buy, stake and trade cryptocurrencies on the go.
It is a platform powered by the $FINX token that provides its users with the ability of farming, staking, and liquidity mining; which in return increases the application for the $FINX token and provides more value to all $FINX holders.
Built on BSC (Binance Smart Chain), the FINSWAP provides lower transaction fees, allowing users to trade without losing as much in the process. Not only that, but it also utilises the Proof of Staked Authority (PoSA) consensus for adopting a high-speed infrastructure.
FINSWAP’s core is liquidity mining which primarily focuses on providing liquidity to the DeFi protocol. In this investment process, users will provide their crypto-assets (trading pairs like ETH/USDT) into the liquidity pool of DeFi protocols for crypto trading.
In exchange for the trading pair, the liquidity mining protocol will provide users with a Liquidity Provider Token (LP) which is needed for the final redemption.
FINSWAP’s competitive advantages lie within our Stable Coin Staking as we aim to provide the highest APR for stablecoin staking in the global DeFi market, starting from 12% — 17%, giving users almost a higher return on their investment compared to other platforms.
Through yield farming, users can earn passive income by depositing their digital assets into a liquidity pool in the FINX Ecosystem. Yield farmers will be able to lock their crypto assets into a smart contract-based liquidity pool like ETH/USDT. The locked assets are then made available for other users in the same protocol. The holder of digital assets in the FINX ecosystem will be able to use their present amount as collateral to access the lending services, which in return will enable them to properly harness every opportunity available.
Staking users will be able to pledge their crypto-assets as collateral for blockchain networks that use the PoS (Proof of Stake) consensus algorithm. This means that the higher stakes users hold, the bigger the staking rewards users can earn from the network.