Swift Finance APR Reset

Swift Finance uses a weekly “APR Reset” strategy, wherein all the previous pools are retired and new pools are started, effectively resetting all APRs. This has an advantage over the standard practice of simply adding new pools to an existing farm, which causes dilution of everything, including the old pools.

DETAILS

• Max supply 99,998 SWIFT
• 0.0001 SWIFT / block (approximately 2 years of emissions)
• 10% of emissions to dev
• 4% deposit fee for non-natives, 0% for native LPs and 1% for SWIFT single stake
  • 1.5% to dividend pools
  • 0.5% to lottery
  • 2% to partnerships, marketing, buybacks, dev fees
• This APR Reset will include the following:
  • USDC pool rewards boosted by 500% for the first 6 hours
  • SWIFT per block emissions boosted for the first 6 hours
  • Deposit fee reduction throughout the week
  • SWIFT – wETH farm
  • An addition non-native farm to be voted on by the community
  • Multiplier rebalancing to reward 70% of rewards to native farms
• A Medium detailing the mechanics can be found here