CoffinSwap Partnership with SpookySwap

Published on: 13.10.2021

Through this partnership, SpookySwap will create a FTM-COFFIN farm on SpookySwap. Users can get BOO as reward. It is after Coffin Finance successful launch.

SpookySwap will distribute some of COFFIN token through its partnered staking after a successful vote with governance.
COFFIN Token has a burning mechanism when CoUSD is below the peg. However, thanks to SpookySwap’s effort, users can avoid tax/burn from LP-ing on SpookySwap when a user creates LPs related to COFFIN token.

CoffinFinance

Coffin Finance will be the first decentralized, capital-efficient, and partial-collateralized stable token protocol on Fantom Opera.

SpookySwap

SpookySwap is an automated market-making (AMM) decentralized exchange (DEX) for the Fantom Opera network. SpookySwap actively invests in building a strong foundation by using the BOO token for governance, rewards on diverse farms, and to provide developer grants encouraging a healthy ecosystem of other Fantom projects. As of its launch in April 2021, SpookySwap has earned endorsement and support from the Fantom Foundation, developed a bridge for Fantom — Ethereum — BSC, and been fully audited by CertiK