Swamp Finance A Yield Farming Optimizer On Binance Smart Chain

Published on: 29.05.2021

Swamp Finance is a yield Farming Optimizer on Binance Smart Chain. They have a unique UI in this market and it is very distinctive, super easy to navigate, decent pools and great platform. Site runs smooth. They also auto-compound a bit more frequently than some of the other yield farms so a lot of times you can find better returns.

The Swamp Finance project was Audited by Certik

About 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). Swampy token’s utility is for participation in voting on SwampDAO proposals. As an incentive to deposit their assets in Swamp.finance vaults users are getting a bonus yield in Swampy.

About Swamp Finance

Swamp.finance is a yield optimizer, which enables yield aggregation for holders and users of SWAMP token. To facilitate automation of the yield farming and the process of compounding, Swamp.finance uses vaults. Vaults also enable a more efficient utilization of gas, as well as other automated processes, and use different yield strategies to help users grow their assets through automation.

Swamp.finance has an optimal compounding strategy with an efficient pricing model, designed to encourage long-term yield farming and provide appropriate incentives for long-term holders. Thanks to the automation factor in the process of yield generation and compounding, users don’t need to manually reinvest their staking rewards, but can rely on automated asset growth by simply making a deposit into a Swamp.finance vault.

SWAMP holders also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimization, while depositing funds to vaults represents a passive investment strategy. The goal is to increase the initial value of assets deposited by users, similar to how crypto hedge funds work, with minimal involvement on users’ end.

Swamp Vaults

Swamp Vaults save users time and enable higher yields through more frequent compounding, more efficient gas utilisation, and other creative automations.

When you deposit into a Vault, your tokens will grow over time. You do not need to manually reinvest in the vaults.

Most Vaults allow you to earn additional yield in form of SWAMP when you make deposits to the vault and represent a stake in the protocol.

Yield

  • Farm APY: Farm’s yield when auto-compounded.

  • Daily Farm APY: Daily auto-compounded APY

  • Bonus APY: Yield you receive as a bonus to Farm APY in form of SWAMP token.

  • Daily Bonus APY: Daily compounded APY bonus

  • Total APY: Farm APY and Bonus APY combined

  • Total daily APY: Total Yield you receive daily

Deposit And Harvest

  • Deposit: Your tokens are deposited to the vault and start auto-compounding.

  • Harvest: Your Bonus APY in form of SWAMP token need to be harvested manually

Community

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