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Swerve

Swerve (SWRV)

$ 0.22
-0.75 %
Main info
News
Comments
Markets
Analytics
Market cap
$4.07M
-0.75 %
Volume (24h)
$0.01
-0.75 %
Circulating supply
18,518,996 SWRV
Total supply
21,238,164 SWRV
Max. supply
33,000,000 SWRV

Key data

updated $0
Market cap$4.07M
Volume 24h$0.01
Circulating supply18.52M56% of max 33M

Swerve (SWRV) is a decentralized finance (DeFi) token designed to facilitate governance and yield farming on the Swerve platform. It operates as a community-driven alternative to Curve Finance, focusing on providing efficient stablecoin swaps. SWRV holders can participate in decision-making and earn rewards by staking their tokens.

Frequently asked questions

What is Swerve and how is it different from other DeFi projects?

Swerve is a decentralized exchange (DEX) optimized for stablecoin trading, similar to Curve Finance. Its key difference lies in its community-driven approach, with no admin keys or centralized control, ensuring a more trustless and decentralized experience.

How does Swerve's technology and consensus mechanism work?

Swerve leverages automated market maker (AMM) technology to enable low-slippage stablecoin swaps. It uses a decentralized governance model where SWRV token holders vote on proposals to shape the platform's future.

How is the SWRV token issued and distributed?

SWRV tokens are distributed through yield farming, where users provide liquidity to the platform and earn rewards. There is no pre-mine or initial allocation, ensuring a fair and decentralized distribution.

How can I store and use SWRV tokens?

SWRV tokens are ERC-20 tokens and can be stored in any Ethereum-compatible wallet. They can be used for governance voting, staking to earn rewards, or traded on supported decentralized exchanges.