$SMT launches on BASE

Published in

Swarm.com

2 min readMar 18, 2024

Swarm, a regulatory-compliant DeFi platform, today announces its payment token, $SMT is live on the BASE network.

Base is the layer 2 network from Coinbase. It is designed as a secure, low-cost, builder-friendly Ethereum L2 to bring the next billion users on chain.

$SMT is the European RWA token linked to trading of tokenized assets on Swarm. Launched in August 2021, $SMT holders get discounts on trading fees and rewards boosts for providing liquidity on Swarm’s regulated blockchain platform. SMT holders can also earn rewards by staking on a dedicated platform.

The $SMT address is: 0x2974dC646e375e83bd1c0342625b49f288987fA4

The Token Tracker is: https://basescan.org/address/0x2974dc646e375e83bd1c0342625b49f288987fa4

Tokenized real world assets on Swarm

Swarm tokenizes assets and builds liquidity solution for those assets.

It is the only venue to have AMM pools with tokenized assets and crypto assets that can be accessed by both retail and institutional investors.

It’s decentralized over-the-counter trading solution means tokenized assets can be traded without slippage in bulk and is smart contract based, benefiting increased transparency and efficiency that blockchain technology offers.

Swarm’s tokenized assets are prospectus based. All published prospectus and notifications for the Stock Certificate Tokens can be found under the ESMA prospectus registry (search for keyword “SwarmX”)

For more information, visit our website or join the SMT community on Telegram.

FAQs

What is SMT’s utility?

Launched in August 2021, SMT holders get discounts on trading fees and rewards boosts for providing liquidity on Swarm’s regulated blockchain platform. SMT holders can also earn rewards by staking.

2. How many vesting periods from the initial sale are left?

Vesting is complete.

3. How many SMT tokens does the Swarm team have?

No team allocation.

4. What networks is the Swarm platform available on?

Ethereum and Polygon

5. How can I bridge tokens to Polygon on Swarm?

Use the Polygon bridge: https://wallet.polygon.technology/

6. What is available to trade on Swarm?

Swarm is a DeFi platform that has launched tokenized public stocks, like Apple and Tesla, and US Treasury Bond ETFs. Users of the platform can also trade native crypto assets like Bitcoin and Ether and stablecoins like Dai and USDC.

7. Where can I buy SMT?

Uniswap:

👉Eth: https://app.uniswap.org/tokens/ethereum/0xb17548c7b510427baac4e267bea62e800b247173

👉 Polygon: https://app.uniswap.org/tokens/polygon/0xe631dabef60c37a37d70d3b4f812871df663226f

MEXC

👉https://www.mexc.com/es-ES/exchange/SMT_USDT

Gate.io

👉https://www.gate.io/trade/SMTX_USDT

Swarm Markets (KYC required)

👉 app.swarm.com

Open dOTC

👉 https://dotc.eth.link/#/dotc