About SwapFish Crypto
SwapFish Crypto Finance is a multi-chain Decentralized Exchange protocol native to the Arbitrum blockchain. With SwapFish users can trade crypto assets, earn trading fees and FISH tokens, and participate in the lottery for a chance to win FISH prizes. Brand new decentralized platform bringing you fresh fishing farms and more.
Modern multi-chain Decentralized Exchange (DEX) technology SwapFish Crypto Finance is natively developed on the Arbitrum blockchain. The platform enables users to transact with other users in a decentralized and secure manner in a variety of digital assets.
Users can benefit from the low fees and quick transaction times provided by the Arbitrum network with SwapFish, guaranteeing a flawless trading experience. Additionally, by taking part in the platform’s liquidity providing initiatives, users can earn trading commissions and FISH tokens.
Additionally, SwapFish provides a cutting-edge lottery system where users can win FISH token prizes. The FISH token is used by the platform as a means of value transfer inside the platform and as an incentive for users to participate in the ecosystem.
artGPT Crypto Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | SwapFish |
| Short Name | FISH |
| Circulating Supply | 122,657 FISH |
| Max Supply | 99,999,999 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Live Price
Get Tokens
Get ERC20 tokens
The native tokens of Arbitrum One blockchain are ERC20. To do most things on any blockchain, you will need to pay gas fees, which in our case come in the form of ERC20 ETH (Ethereum). You will also need the ERC20 version of any token you want to trade, stake etc. on Arbitrum One.
Get Funds From a CEX
In case you do not have any funds in your external wallet, you can easily transfer them from a centralized exchange such as Binance which supports Arbitrum One withdrawals.
FISH Tokenomics
Tokenomics typically refers to the understanding of the economics of the underlying cryptocurrency and the supply and demand characteristics that influence it.
Understanding the relationship between supply and demand for a token is important as it may help you predict market pricing in the present and the future.
Supply
The main question you should ask yourself when examining a token’s supply is: Should I anticipate that this token’s value would drop, maintain steady, or rise over time based only on its supply?
A token’s value will rise on the supply side if there are fewer of those tokens available; this is known as deflation. If there are more tokens, their value will decline; this is inflation.
Token distribution
| Category | % of supply | Number of tokens | Duration (years) |
|---|---|---|---|
| Pre-mint | 0,1% | 99.999,99 | 0 |
| Team | 7% | 6.999.999,93 | 3 |
| Treasury | 13% | 12.999.999,87 | 3 |
| Farming | 79,9% | 79.899.999,20 | 3 |
Utility of FISH
Stake in native farms
Holders of FISH token can choose to provide liquidity in our native FISH-USDC & FISH-ETH farms or simply deposit their tokens in the FISH single farm. By doing so you are entitled to receiving FISH rewards with Annual Percentage Rates (APRs) providing a solid passive income stream.
Lottery
Playing the FishSwap lottery gives you a chance to win FISH prizes! It is simple, fair, and you can enter as often as you like as long as you have the FISH to buy a ticket.
The collected FISH will be distributed among the winners while a certain percentage of all FISH prizes will be burned!
Fees
Fees for trades on SwapFish are set at 0,3%, one of the lowest in the Arbitrum ecosystem.
The revenue generated from trading fees on SwapFish is allocated to:
- Distribution to liquidity providers: 0,18%
- Going to Protocol Owned Liquidity (POL): 0,06%
- Collected by the treasury: 0,06%
Timelock
Timelocks are used by many projects to demonstrate commitment to the security of their platform. In light of the numerous hacks, scams, and rugpulls across various DeFi platforms, timelocks are one indicator that a project is legitimate.
A timelock adds additional security to the project, as SwapFish is not able to make immediate changes while all actions have to be scheduled for execution. In our case, the Masterchef has a timelock of 6 hours, meaning any changes to the protocol code will come into effect after 6 hours.
Is SwapFish secure?
Yes, SwapFish is built on the secure and scalable Arbitrum blockchain, ensuring that transactions are fast, low-cost, and secure. Additionally, the platform uses advanced security measures to protect user funds and ensure the safety of the platform.
Conclusion
A cutting-edge decentralized exchange mechanism based on the Arbitrum blockchain is SwapFish Crypto Finance, to sum up. Users of the site can trade different kinds of cryptocurrency assets, earn trading commissions and FISH tokens, and enter a special lottery to win FISH token rewards.
The FISH token is used by SwapFish as a means of value transfer inside the platform and as an incentive for users to engage with the ecosystem. A seamless trading experience for users is further ensured by the platform’s usage of Arbitrum, which guarantees quick transaction speeds and cheap fees.
Overall, SwapFish Crypto Finance is a strong and easy-to-use platform that offers traders and liquidity providers in the decentralized finance industry a number of advantages.
FAQ
What is SwapFish Crypto Finance?
SwapFish Crypto Finance is a decentralized exchange protocol built on the Arbitrum blockchain. It enables users to trade various types of cryptocurrency assets, earn trading fees and FISH tokens, and participate in a lottery system for a chance to win FISH token prizes.
How do I trade on SwapFish?
To trade on SwapFish, users can connect their wallet to the platform and select the cryptocurrency assets they wish to trade. They can then place buy or sell orders and participate in the liquidity provision programs to earn rewards.
What are FISH tokens?
FISH tokens are the native tokens of the SwapFish platform. They are used to incentivize users to participate in the ecosystem and provide a means of value transfer within the platform.
How can I earn FISH tokens?
Users can earn FISH tokens by participating in the liquidity provision programs or by participating in the platform’s lottery system.
Is SwapFish secure?
Yes, SwapFish is built on the secure and scalable Arbitrum blockchain, ensuring that transactions are fast, low-cost, and secure. Additionally, the platform uses advanced security measures to protect user funds and ensure the safety of the platform.
