Midas.Investments is delighted to announce yet another project coming to our platform. SpiritSwap (SPIRIT) is now listed on Midas platform, joining the list of 25+ supported cryptocurrencies.
APY offered to investors: 20% APY
Flexible rates launched
SPIRIT generates yield through the protocol’s staking. The flexible rates are changing according to the APY that staking produces and can be adjusted by the Midas team on a daily basis.
What is SpiritSwap SPIRIT?
SpiritSwap is a decentralized exchange (DEX) on the Fantom Opera Chain. SpiritSwap’s design is based on the Uniswap constant-product automated market maker (AMM), where traders can easily swap between tokens and get guaranteed rates for the swaps.
Each swap on SpiritSwap incurs a fee, which gets distributed between liquidity providers and is used to buy back SPIRIT tokens at market rate, which is then distributed to inSPIRIT holders.
- Total supply: 1,000,000,000 SPIRIT
- Circulating supply: 253,591,403 SPIRIT
- Market Cap: $49,350,000
- Network: Fantom