WardenSwap’s Yield Farming on BSC is about to end.
Grow bigger, Grow stronger, Go together.
Dear beloved WARDENers, 👋
WardenSwap joined the DeFi Yield farming on 16 March 2021. We launched Binance Smart Chain (BSC) based liquidity pools for farmers to earn WAD tokens. It has been about 5 months and now WardenSwap’s Yield Farming on BSC is about to end. However, this is just the end of an introduction, the beginning of Warden’s journey story is yet to begin.
Since our launch, We made it to the top 12 Highest TVL on Binance Smart Chain in just 3 days, integrated with 20+ decentralized exchanges such as PancakeSwap, Ellipsis, BakerySwap, MDEX and etc. We have reached approximately ~$1M in total revenue, ~$3,700M in total volume, and ~$5,200 in volume per trade. Now, there are approximately 14,000 WAD holders on our platform.
Warden team would like to thank all Warden’s supporters. We are so grateful for the trust you’ve placed in us. we are pleased to serve you #BestRate Swap ever. We will consistently keep track of our hard work and effort in order to meet users’ expectations in our future plan, the next journey to Saturn.
Without you, there is no us.
Grow bigger, Grow stronger, Go together.
According to the master plan, Yield farming on Binance Smart Chain is expected to end on 11st of September 2021. Out of 320 million WAD tokens supply in total, only ~60 million WAD tokens will be distributed on Binance Smart Chain (BSC). As you can see, there aren’t just about more WAD tokens to be distributed on other relevant networks, but the growth of WardenSwap platform that we aim to accomplish in DeFi market.
WardenSwap wants to go far, and grow together with all WARDENers.
Growing bigger doesn’t only mean improving our core product continuously, but serve the best to all our WARDENers sustainability.
Why being sustainable is so important to All WARDENers?
We aren’t only aiming at being the best DEX aggregator but the strongest decentralized exchange to serve the best experience to our users; we do best to improve our platform and contribute to Warden’s community perpetually.
However, giving away $WAD from staking endlessly isn’t the best choice for the growth of all WARDENers. As the core benefits that all stakeholders can earn from Warden aren’t a temporary return on APR but healthy growth in WARDEN tokens and core product value that will drive trading volume traffic to our platform.
What is LP next step?
When WardenSwap farms end on 11 September, WARDENers community might wonder what comes next. ‘Fees pool’ gains from staking is what you can keep an eye on.
Liquidity providers who want to stake after the farm ends will still earn Warden’s pool fees. The fees apply a 0.30% fee which 0.25% will go to Liquidity Providers (LPs), and 0.05% be shared to WardenSwap platform.
BIDR token update
Tokocrypto is Indonesia’s crypto assets digital exchange and the first entity in Indonesia to be registered under the Trade and Futures Exchange Ministry (BAPPEBTI).
BIDR is a token under Tokocrypto that has been listed on Warden since 10 April 2021. In order to serve the best experience to users, BIDR will no longer be listed on WardenSwap 24 hrs after farms end due to the insufficient liquidity of the tokens.
For any users who stake on BNB-BIDR pool, We suggested users to unstake and trade BIDR tokens on Binance.com as the BIDR price rate on WardenSwap might be affected by insufficient liquidity of the tokens.
As the key to a strong future is the “sustainability in Warden’s ecosystem” for all WARDENers
P.S. Stay tuned for next week's big announcement. 🤫
