PREAMBLE
Despite the insurgence of Coronavirus, crypto investment has flourished. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Swan Finance acts as a bridge between the worlds of centralized and decentralized finance.
"A new movement is pumping oxygen into the cryptocurrency industry despite asset prices that remain 75% lower than where they were in late 2017. It’s called DeFi, short for decentralized finance, it’s the notion that crypto entrepreneurs can recreate traditional financial instruments in a decentralized architecture, outside of companies’ and governments’ control. With fresh allegations of misused funds against the centrally controlled cryptocurrency tether, the argument for decentralized applications has become even more relevant.
Bitcoin and Ethereum are the original DeFi applications. Both are controlled by large networks of computers, not central authorities. Many investors use bitcoin like gold, as a store-of-value investment that protects against inflation, while Ethereum has been instrumental and controversial in helping startups crowdfund their operations."
With that being said, SwanFinance offers an easy to use interface for earning interest, while SwanCredit provides a decentralized platform for peer to peer lending.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is Swan Finance?
As depicted above and as indicated on the official website of Swan Finance, SwanFinance offers an easy to use interface for earning interest on a centralized platform, while simultaneously allowing users to earn additional interest on the SwanCredit decentralized platform for peer to peer lending.
In addition, Swan Finance is a platform that allows you as a crypto user to be able to use DeFi features more easily and safely. It is a platform that will connect centralized and decentralized finance, making it more user-friendly for users. Swan Finance's solution is to provide financial services with various and innovative features that allow ordinary or professional users to be able to use the service easily without the need to be complicated.
Swan Finance provides a platform that allows users to get interest easily, and peer to peer lending services that allow people to borrow or lend their assets with collateral. It is a platform that will benefit all parties involved in it.
About The Swan Ecosystem
Just so you know, it is only the start of the Swan Ecosystem that will include: SwanCredit, SwanInvestments, SwanPay, Swan.Exchange, SwanTrade, and SwanWallet. There will be considerably more approaches to get advantages and limits for staking and utilizing SWAN tokens.
Swan Credit
Allows users to get secured loans or lend their assets with attractive interest rewards.
Swan Exchange
An exchange platform that allows users to exchange their crypto assets for various other cryptocurrencies. This is an exchange platform with margin trading.
Swan Investments
Allows users to invest in startups by crowdfunding.
Swan Wallet
A digital wallet designed to secure all user assets stored in it. This is a wallet that is integrated directly with Swan Finance which allows users to get interest and store their assets easily and safely.
Swan Trade
A cryptocurrency trading platform featuring AI trading bots and following the trades of other users.
Swan Pay
Allows users to make payments with SWAN tokens or other cryptocurrencies.
Swan Finance utilizes an ERC20 token called SWAN. Utilize the SWAN token to get the well-being rate. Stake SWAN tokens to acquire higher premium, up to 20% APY on SWAN tokens and up to 16% APY for different digital forms of money recorded underneath. You can pick one month or multi month store lockup periods. Interest is paid out at regular intervals utilizing the SWAN token.
The Swan Security
Security is a concern for crypto users lately because there have been many cases of breaches of crypto platforms. That's why Swan Finance keeps users' wallets safe and secure. Swan Finance places the user's crypto asset in a cold wallet until the user needs it to transfer or withdraw.
Swan Finance has also designed a system whereby users' wallets are secured in various ways, for example by verifying the user's identity from login to withdrawal. This is to guarantee that any activity that the user performs is not someone else.
Your digital currencies and stablecoins are sheltered with Swan Finance. Swan Finance planned the stage engineering to give however many protects as could reasonably be expected. Swan Finance keeps a large portion of the cryptographic forms of money in wallets until they are required for moves or withdrawals. Swan Finance defend your wallets and your digital forms of money with different approaches to check your character from your login to your withdrawals. The foundation is as sheltered as the online records that you use for your banks.
About Swan Token
This is a token issued by the Swan Finance platform. This is Swan Finance's native token designed with the Ethereum Blockchain ERC-20. This token will later be used as a reward or access to get higher interest, for example up to 20% APY on SWAN tokens and up to 12% APY for other cryptocurrencies.
Token Details
Token Name - Swan
Token Ticker Symbol - SWAN
Issuing Entity - Swan Finance LLC
Token Total Supply - 50,000,000,000
Token Contract Address - 0xadCc610F96c386d78f68b7f0a04e3a7C8fF94fF8
Token Distribution - Token Sale
Token Price for Token Sale - $0.001 each
ERC20 Token Smart Contract - Audit Audited by Certik.io
Token Allocation and Use of Funds
RoadMap
Meet The Amazing Team
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://www.swanfinance.io/
Whitepaper: https://swarn-website-assets.s3.us-east-2.amazonaws.com/docs/Whitepaper_1.2.pdf
Facebook: https://www.facebook.com/swanfinance.io
Twitter: https://www.twitter.com/swan_finance
Telegram: https://t.me/swanfinancechat
Instagram: https://www.instagram.com/swanfinance
LinkedIn: https://www.linkedin.com/company/67974539/admin/
YouTube: https://www.youtube.com/channel/UCBjyiLVoLwUHKGlLsVSVBWg/featured
Bitcointalk Username: Cryptoholical
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2487106
Telegram: @Cryptoholical