Introducing Snailswapfi, Snails governance token and BSC yield farming pools.
In this post, we will introduce Snail, an administration and betting token issued on Binance Smart Chain. One of Snail’s uses is to encourage liquidity, and it can be obtained by profiting LPTs in our liquidity pools. Over the coming months Snail will also act as a staking token so holders can obtain exchange rewards from our upcoming liquidity pools.
Swimming pool includes BNB-Snail, BUSD-Snail and BUSD-BNB …..
Swimming pools and additional information can be found here: https://snailswap.finance/#/farms
About the Snailswap project.
The SNAILSWAP
team was forged in the flames of DeFi Summer… a time when the streets were littered with the bodies of once-promising foodcoins that mostly ended up being a revolving door of hyperinflation and rug pulls.
We sat back and watched hundreds if not thousands of projects come and go in a span of a few months.
It quickly became clear that for a project to achieve any longevity, it would need to be tied to one or more value generation strategies, and avoid doing things that hinder adoption like locking users into an ecosystem or charging huge transfer fees in an effort to deflate or slow the growth of an asset’s circulating supply. We don’t think it’s necessary to irreversibly lock base network/gas tokens into contracts in an effort to retain a claim on some intrinsic or fundamental value.
With this goal of generating real value in mind, in addition to launching yield farming on BSC we have recently soft launched a DEX on Harmony Mainnet, and we intend to follow this up by releasing a DEX and a series of liquidity pools on Binance Smart Chain that will direct fees to liquidity providers and stakers of the SNAIL token.
We think releasing on chains like BSC, Harmony, Fantom, NEAR, AVAX and other emerging chains will help to enable fast, affordable and diverse DeFi options for the 95% of users that cannot claim whale status, and will help build a vibrant multi-chain community and ecosystem around the SNAIL SWAP. With Ethereum slowing down we are seeing increased decentralization in the form of many smaller chains gaining traction. The SNAIL SWAP is excited to be in the middle of it
Links:
Website : https://snailswap.finance/#/
Twitter : https://twitter.com/snailswapfi
Channel : https://t.me/snailswapchannel
Chat : https://t.me/snailswapchat
