HYVE integrates with SpookySwap a DEX and yield farming protocol on Fantom blockchain, it uses $BOO as its governance token and has diverse farms, a built-in bridge, built-in limit orders, and is a user-centered service.
HYVE is pleased to announce that $BOO from SpookySwap is now integrated on Fantom, taking them another step closer to further adoption and creating a universal platform for freelancers.
They are relentlessly integrating new tokens to reach complete diversification, thus providing users with the most optimal methods for payment of tasks, jobs, and offers on the HYVE platform.
Here’s everything you need to know about the $BOO token
Furthermore, the $BOO token is the governance token of SpookySwap. This means that it holds a lot of influence and empowers the community in the decision-making process by allowing them to vote on important matters.
The main uses of $BOO include:
- Fees (future)
- Yield farm
Moreover, $BOO can be staked for the buyback token, xBOO, and to automatically earn more BOOs in the staking pool and in partner pools to earn the respective partner tokens, on top of this, $BOO can also be used as collateral on other protocols.
SpookySwap allows users to trade tokens with limited orders at the lowest fees. Manage liquidity, stake at farms and pools, and a bridge from Ethereum. Not only Ethereum but also Binance Smart Chain, as well as many others, and also benefit from their Genesis NFT series, which sold out in less than 5 minutes.
SpookySwap is a DEX and yield farming protocol on the Fantom blockchain. It uses $BOO as its governance token. It also has diverse farms, a built-in bridge, built-in limit orders, and is a user-centered service. Spooky Swap uses the top speed of Fantom opera to leverage diversified funds across ecosystems. Fantom also prides itself on its speed, security, and scalable transactions, bringing these benefits to SpookySwap. As usual, DEX users can use SpookySwap to provide liquidity to earn fees, swap tokens, and yield farm to earn emissions of BOO tokens.
HYVE has created a community-driven ecosystem, facilitating collaboration between users in a uniquely decentralized environment. While traditional freelancing websites have been slow in adapting to change. HYVE has introduced payments directly in cryptocurrencies, providing numerous advantages and facilitating interaction regardless of external factors.