TVL > 100K
What is DeFi Swap (CRO)?
Crypto.com DeFi Swap is a fork of Uniswap V2 specifically designed to be a solid choice when it comes to swapping and farming DeFi coins at the best available rate where it leverages audited protocols and offers an incentive program that is powered by the native cryptocurrency token of the platform, CRO. Here, users are incentivized to provide liquidity through a program known as Triple Yield, where the liquidity providers can receive a share of the swap fees, CRO DeFi yield for LPs who also stake CRO as well as bonus yield for LPs of selected pools.
Who are the founders of DeFi Swap (CRO)?
Crypto.com is the company behind DeFi swap, as their native cryptocurrency token CRO is used heavily within it. Additionally, Crypto.com was founded in 2016 by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo, where Kris Marszalek currently fills the role as the CEO of the company. Alex Yu is the architect behind the Crypto.com Derivatives Exchange.
What makes DeFi Swap (CRO) unique?
DeFi Swap differentiates itself through five main functions that the protocol offers. SWAP, where users can swap between any two supported tokens after paying a 0.3% swap fee, POOL, where each liquidity pool consists of reserves of two ERC-20 tokens and issues an ERC-20 pool token as proof of proportional ownership in regards to the underlying reserves, BOOST where LPs can increase, claim and view their CRO DeFi yield and bonus LP yield, APY where users can estimate their CRO DeFi yield, and ANALYTICS, where users can view the overall and per token pair data of the CRO DeFi swap protocol such as liquidity, trading volume and other.
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