PanicSwap
PanicSwap is an Automatic Market Maker (AMM) protocol on Fantom Network.
At its core, PanicSwap is a fork of the audited Solidly code-base from Andre Cronje. The AMM supports not only both stable and non-stable pairs, but also multi-hop swaps (even those that include stable and non-stable pairs mixed routes) within a very intuitive contract interface.
In terms of innovation, PanicSwap is incentivising liquidity pairs with single asset yield bearing tokens from Yearn Finance, or 'Y-Tokens'. Users will be able to earn yield on their tokens in their liquidity pairs and earn $PANIC rewards for providing liquidity on top of it. Earned $PANIC is vested for 2 years, but can be claimed instantly for a 50% fee on the rewards. We also introduced a variable fee, similar to Uniswap, where different liquidity pairs have different swap fees.
Holders of $PANIC can choose to stake tokens with 0 lockup and earn fees earned by the protocol, or choose to lock their tokens for 2 years and earn previously mentioned fees plus early exit fees paid by farmers who chose to receive their tokens early.
Symbol |
panic |
Current Price |
$0.00043403 |
Market Cap |
$426 |
Market Cap Rank |
5259 |
24h Change |
0.00%
|
Circulating Supply |
980,351 |
Total Supply |
980,351 |
All-Time High |
$1.20000000 |
All-Time Low |
$0.00026493 |
Twitter Followers |
1,968 |
Last Updated |
2024-09-20T13:07:19.770Z |
Developer Data
Forks |
0 |
Stars |
0 |
Subscribers |
0 |
Total Issues |
0 |
Closed Issues |
0 |
Pull Requests Merged |
0 |
Pull Request Contributors |
0 |
Commit Count (Last 4 Weeks) |
0 |