Crypto News

Crypto.Com Launches DeFi Swap on Ethereum Mainnet

Crypto-com (Courtesy: Twitter)
Crypto-com (Courtesy: Twitter)
Crypto-com (Courtesy: Twitter)
Crypto-com (Courtesy: Twitter)

DeFi Swap went live on the Ethereum Mainnet today. DeFi Swap is the best place to swap & farm DeFi coins, powered by CRO. With DeFi Swap, Liquidity Providers (LP’s) are generously incentivized for contributing to liquidity pools with Triple Yield:

Swap Fee Sharing:
LP’s will be rewarded by sharing 0.3% of the trading volume of respective liquidity pools.

CRO DeFi Yield: for LP’s who also stake CRO:
LP’s can stake CRO to boost their yield by up to 20x and harvest the daily yield in as little as 30 days.

Bonus LP Yield: for LP’s of selected pools:
LPs will receive tokens redeemable for additional coins of participating DeFi projects

How can I start farming?

Start farming now at Crypto.com/defi/swap and become a Liquidity Provider by using any WalletConnect-enabled mobile wallet (coming soon on Crypto.com DeFi Wallet)


What are the launch incentives?

Crypto.com will guarantee a minimum reward pool of 14,000,000 CRO for the first 14 days (1,000,000 CRO per day).

What coins are supported?

At launch, users can swap between any two supported tokens including some of the most popular Cefi and Defi tokens:

  • (Wrapped) Ether (WETH)*;
  • Tether (USDT);
  • USD Coin (USDC);
  • Dai (DAI);
  • Chainlink (LINK);
  • Compound (COMP);
  • Crypto.com Coin (CRO).

We will introduce more tokens in the future and welcome suggestions from the community via our web app & social media channels.

What projects are supporting Bonus LP Yield?

We will announce new partnerships in the coming weeks.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.