Crypto.com - DeFi Swap
The Best Place to Swap & Farm DeFi Coins
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Summary
Crypto.com DeFi Swap is the best tokens swap decentralized exchange (DEX) powered by CRO where you can swap Ethereum and ERC-20 tokens.
As a new DeFi protocol, DeFi Swap was designed to be the best place to swap and farm DeFi coins at the best available rate, leveraging proven and audited protocols, while offering an outstanding incentive program powered by CRO.
Liquidity Providers (LPs) are generously incentivized for contributing to liquidity pools with Triple Yield through:
Swap-fee Sharing for LPs; CRO DeFi Yield for LPs and CRO stakers; Bonus LP Yield for LPs of selected pools. There are 5 main functions in the protocol:
Swap: Users can swap between any two supported tokens upon paying a 0.3% swap fee Pool: Each liquidity pool consists of reserves of two ERC-20 tokens, and issues an ERC-20 pool token as a proof of proportional ownership of the underlying reserves Boost: LPs can increase, claim and view their CRO DeFi Yield and Bonus LP Yield APY: Users can estimate their CRO DeFi Yield
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Safety
Risk impact
Crypto.com - DeFi Swap is safe to use. It does not request any sensitive permissions.
Risk likelihood
Crypto.com - DeFi Swap may not be trust-worthy. Avoid installing if possible unless you really trust this publisher.
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