$0.00028896
-0.72%
- Rank #N/A
- Market Cap
0.00% $283
- 24H Spot Volume
0.00% $23.47
- 24H Volume / Market Cap
+8.00%
- Circulating Supply
980,351.36
- Total Supply
980,351
- Max Supply
-
- Fully Diluted Valuation
-
- API ID panicswap
- Project Start Date -
- Contracts & Explorer(s)
0xa88...3310b
- Websites Website
- Links
About PANIC
PanicSwap is an AMM DEX on Fantom.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. PanicSwap also introduced a variable fee, similar to Uniswap, where different liquidity pairs have different swap fees.
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