PanicSwap (PANIC)

PanicSwap (PANIC) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.000238

Market Cap

$233.41

24h High

$0.000238

24h Low

$0.000238

24h Turnover

$1.42

Total Supply

980.35K

Market Sentiment

Neutral

About PanicSwap (PANIC)

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. We also introduced a variable fee, similar to Uniswap, where different liquidity pairs have different swap fees. Holders of $PANIC can choose to stake tokens with 0 lockup and earn fees earned by the protocol, or choose to lock their tokens for 2 years and earn previously mentioned fees plus early exit fees paid by farmers who chose to receive their tokens early.

PanicSwap (PANIC) Basics & Market Insights

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.