Swamp Finance A Yield Farming Optimizer On Binance Smart Chain
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
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