Swamp Finance

Last updated: February 1, 2022, 4:23 PM

Swamp.finance is a yield optimizer, which enables yield aggregation for all SWAMP tokens users. Swamp.finance uses vaults to facilitate the automation of compounding and the process of yield farming. The goal is to make gas utilization more efficient alongside other automated processes while utilizing various strategies to help Swamp.finance users grow their assets through automation.

Swamp.finance has an optimal compounding strategy with an efficient gas pricing model, designed to reduce gas cost to the minimum and encourage long term farming in the Vaults with favourable incentives given in Swampy to attract new depositors and bring extra-rewards to long term Swampy 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 depositing into a Swamp.finance vault. Swamp.finance users also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimization. Depositing funds into Vaults is a passive investment strategy, which can bring users maximum yields on their deposited balances. Thanks to the protocol and the process of automated compounding and yield aggregation, the initial value of deposited assets is increasing with minimal involvement on the users’ end. Swamp.finance yield optimizer works similar to how crypto hedge funds operate, intending to bring maximal returns to SWAMP users.

Swamp Vaults are designed to save users’ time, simultaneously enabling higher yields thanks to more frequent compounding, efficient gas utilization, and other forms of creative automation processes. When you deposit to a SWAMP vault, your tokens will grow over time. You don’t need to manually reinvest your earnings as you can rely on automation and Swamp.finance protocol, additionally you are given harvestable rewards in the form of SWAMP tokens.

Source: swampfinance.medium.com

STATUS

Network

Rugged
Polygon
Polygon
Fantom
Fantom
Binance Smart Chain
Binance Smart Chain
Avalanche
Avalanche

Details

It looks like Swamp Finance was abandoned. No communication from team for weeks. Site shut down earlier although back online now. If you are in Swamp, find the address of the vault you are in while site is up so if it crashes again you can emergency withdraw

Related events

Project type

OHM-Inspired