Boost Pools and Swap on Vegaswap: How to stake and swap

Hello Vegaswappers!

We’re glad to introduce Boost Pools Feature!

Stake a currency (currently USDT or VGA; we will have more in the future) and earn reward in VGA token. The reward can be harvested after the end time (next Monday). The more people stake, the higher the reward. This therefore means that it pays to stake as early as possible.

StakeCurrency: The currency staked

YieldCurrency: The currency rewarded to the stakers

Multiplier: The amount of yield earned per stake (e.g. 20 VGA per 1 USDT)

The pools that we have online at the moment are the USDT-VGA pool and the VGA-VGA pool. In the future, the amount of pools will be updated (increased), and people will be able to stake in lots of possible pools to earn more VGA. Vegaswap has been showcasing the main use case of the project for months now and it’s a successful milestone that the project achieved.

The swapping tool is now online, but it’s still in the development phase where we are working on improving the swapping experience for our users and supporters who wish to fully gain the benefits for the smart and much improved UI. Vegaswap swapping offers the features of modifying the slippage tolerance for the users too. The coins that are available on the swap right now are VGA, BTC, BNB, ETH, CAKE, USDT, BUSD and USDC. More will be added soon.

Stay frosty for more update!

Vegaswap is a user-centered automatic market maker that leverages multichain technology, providing users with a wide range of DeFi and cross-chain applications through its platform. I supports and enables seamless token earnings through customizable liquidity pools, dynamic pricing, and an intuitive UI. Vegaswap makes the work of LP providers efficient and profitable by creating provisions for unique smart pools, providing analytics tools, and reducing impermanent loss with adaptive spread.

Connect with Vegaswap and learn more about the platform through our:

Vegswap is a protocol for creating liquidity and trading tokenised assets on public blockchains. The only AMM powered by a multi chain dynamic market maker.