NSBT/USDN: a new reward-bearing pool on Swop.fi

Swop.fi
Swop.fi
Published in
Nov 17, 2020

The NSBT/USDN pool will enable users to collect rewards for providing liquidity, similar to all other pools.

Today we see the launch of the NSBT/USDN pool, which is based on the CPMM price formula. Like the other pools on Swop.fi, it is reward-bearing: if you provide liquidity to the pool, you will receive rewards in the SWOP governance token (coming soon).

What is NSBT?

Neutrino Token (NSBT) is a utility and governance token for the Neutrino system that is designed to ensure the stability of reserves on the Neutrino smart contract through the mechanism of reserve recapitalization.

NSBT combines speculative value and voting functionality. NSBT holders obtain the power to influence decisions concerning the Neutrino protocol. For now, with your NSBT, you can vote for an asset you wish to be listed on Decentralized Forex (DeFo) among the first.

More reward-bearing pools

Before the SWOP launch, we plan to add several more basic reward-bearing pools.

In stage 2, you will be able to create custom pools. Custom pools can become reward-bearing after the SWOP launch, as a result of voting by SWOP holders.

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Swop.fi
Swop.fi

Swop.fi is an instant, AMM-type crypto exchange that offers the most profitable swap formulas for each token pair.