Launch date:

Description:

ICO State: 
Active ICO

APYSwap, a DeFi protocol for simplified yield farming and cross-chain liquidity. The main objective of the project is to build an ecosystem that enables users to manage assets on any blockchain, EVM or non-EVM, with rich functions with a user-friendly setup and the possibility for financial independence. APYSwap makes it easier for users to interact with DeFi by bringing together multiple services on a single platform, and trying to address the scaling problems that have plagued some Ethereum applications​.​

Tokenomics

At its core, the tokenomics of APYSwap is based on the APYS, the native token and the main utility inside APYSwap. APYS can be used as a staking, governance, and reward distribution token across all DeFi products in the platform. The structure helps to ensure long-term sustainability, incentivization of users, and growth of the overall community. APYS tokens have a capped supply to avoid inflation and there will be staking rewards and token burns on regular basis to maintain a level of scarcity and value.

ICO Details

APYSwap’s ICO (Initial Coin Offering) was set up to finance the development of the platform and grow its ecosystem. The ICO provided a systematic approach to distribute tokens with raised funds that were going to project development, marketing, and community engagement. Some of the tokens were designated for staking rewards and liquidity providing. The ICO was so successful that it fueled the partnerships and incorporation with numerous blockchains which allowed for the platform to cross-chain integrate​.

Technical Overview

APYSwap is technically well positioned as it keeps the optimal unfocused factors of speed and quality transaction by using both Ethereum and NEAR Protocol. Cross-chain interoperability, where assets are freely transferred between disparate blockchain ecosystems, is another key feature of the protocol. Such technical basis guarantees the mere fact that users may benefit from diverse DeFi services even without having been tied to a single blockchain, the latter being essential for both risk curbing and the venture of new financial instruments​.

Team and Collaborations

The APYSwap team is a collective of blockchain experts with long experiences in DeFi and cross-chain technologies. To broaden its ecosystem and enhance its visibility, the platform has partnered with other DeFi projects. Forming partnerships within existent blockchain projects intensive collaboration of community dedicated development team — all this keeps pushing mission forward of recurring APYSwap vision as central hub of decentralized asset management​.

Roadmap

APYSwap also has a clear roadmap ahead of it. Upcoming achievements involve expanding its cross-chain farthest network to coordinate with additional blockchains, and dispatched new DeFi items, such as advanced staking and liquidity pools. APYSwap is further committed to maximizing user experience by minimizing transaction fees and making the DeFi tool accessible. The roadmap outlines the project's dedication to scaling its ecosystem as well as security and community contributions​.

Token info:

Project platform:
Ethereum
Accepted currencies:
USDT
Excluded countries:
no
Fund raising start date:
June 21, 2024
Fund raising end date:
October 3, 2024
Soft CAP (in $USD):
8000000
Hard CAP (in $USD):
10000000
Price per coin (in $USD):
0.11
Company country:
UK
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