The protocol for Bitcoin cross-chain bridging, allows DeFi users to move assets between chains without a trusted party.
Discord: https://t.co/U8Cawlv5xxswingby.network DecentralizedJoined March 2018
#Swingby started in 2018 with the vision of growing the #Bitcoin#DeFi ecosystem
👉Even upto now, it’s technology continues to surprise many
🔵#Swingby has been able to withstand the test of time thanks to its decentralized network
#ETH#DEX#WBTC#Crypto#WEB3
The #Swingby network has been running non-stop for almost 4 years 🥳
This is thanks to the validators that are contributing to the bridge's decentralization since its inception👏
Currently, 14 validators are earning 10% APY🏆
#ETH#DeFi#BTC#WBTC#Web3#Bitcoin#DEX
How does #Swingby's "Proof of Reserves" by @chainlink protect users❓
👉It protects them from losing capital in a #WBTC and #BTC depegging event
#Chainlink's oracle feeds this data to #Swingby's bridge and it prevents users from executing swaps
🛡️Safe users 🟰 Happy users😀
Reminder on how to earn💸 with #SWINGBY DAO💥
Paid in #SWINGBY tokens:
👉10% APY for validators
👉1% APY for Staking
Paid in #BTC - Percentage from fees collected:
👉45% for BTC LPs
👉55% for Buy Backs (DAO funds)
#WBTC#DeFi#ETH#LP#DEX#Web3#Crypto
This partnership will take both projects to the next level🚀
Check this great article describing how both projects will grow #interoperability with each other🤝
👉Article: medium.com/@dojimanetwork…
This partnership will take both projects to the next level🚀
Check this great article describing how both projects will grow #interoperability with each other🤝
👉Article: medium.com/@dojimanetwork…
🌟 Exciting news Dojimians!
We’re teaming up with @SwingbyProtocol to bring you the ultimate blockchain adventure! 🤝
✨ Think about it - seamless interoperability with a touch of cosmic magic.
Ready to launch into a new era? 🚀
💫 Stay tuned for some stellar updates!…
Great news for #Swingby Protocol❗️
🔵The #Bitcoin rewards distribution has been updated
Become an LP of the #Swingby bridge and start earning rewards in #BTC with every swap🚀
👉55% of collected fees will be used to #Buyback the #Swingby token from the market💹
#DeFi#ETH
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