Great news coming from Swop.fi, the AMM dex on waves that yesterday added the ETH/USDN pair on the site.
In a little over 12 hours almost 1M$ in liquidity was added to the pool, which has a weight of 10% in the Swop Farm (a rebalance of the pools weight was done), giving at the moment over 300% APY, thanks also to a grow in SWOP price (now at 25$).
Total liquidity in the platform is now at 17 million USD value, almost doubling since launch happened last week; almost 500K are already staked in governance and thanks to the volume increase (that increase the buyback of the $SWOP token than is distributed to stakers) the APY is now at 115%
For more info on SWOP you can check my previous articles here:
