DinoSwap

DinoSwap

DINO
$0.000937032%-1.11

Key Metrics

Price$0.000937032
Real Volume (24H)$87.15
Marketcap$145,681.09
Fully Diluted Valuation$180,334
ATH$4.39
ATH Date8/2/2021, 10:18:41 PM
ATL$0.00066925
ATL Date11/17/2022, 6:03:39 AM
Circulating Supply154M
Total Supply175M
WebsiteN/A
WhitepaperN/A
Popularity Rank3334
Chart
What is DinoSwap?

DinoSwap (DINO) is a cross-chain infrastructure platform that provides liquidity for layer-one blockchains. The protocol is based on Polygon, a fast and affordable blockchain network, where liquidity providers can earn DINO and other project tokens. DinoSwap combines exchange operations with SushiSwap, an Ethereum-based decentralized exchange (DEX) that allows users to swap tokens and earn rewards through yield farming.

DINO is the native token of the DinoSwap platform, and it operates as an ERC-20 token. Its main purpose is to enable and facilitate cross-chain decentralized finance (DeFi) liquidity. DINO incentivizes liquidity providers to add liquidity to the platform's liquidity pools. Liquidity providers are market makers who facilitate trading in securities and other financial tools by providing a pool of shares. With DinoSwap's liquidity pools, users can easily swap one ERC-20 token for another. DINO tokens have the following utilities:

  • Delivering liquidity to available farms
  • Staking or burning in pools to earn different tokens as rewards
  • Functioning as exchange tokens across many distinct bridged blockchains
  • Swapping into any other token that has a participating extinction pool on DinoSwap.

DinoSwap has launched several pools to start distributing rewards on the Polygon network, including Fossil Farms, Jurassic Pools, Extinction Pools, and Tar Pit.

  • Fossil Farms: Users can stake their liquidity provider (LP) tokens to earn DINO.
  • Jurassic Pools: Farmers can stake their DINO tokens and earn more from collaborative projects. Users can also unstake their DINO and claim their rewards at any time with no time-locks, no burns, and no fees.
  • Extinction Pools and Tar Pit: Users can stake DINO in the extinction pools and tar pit to earn more DINO tokens.

DinoSwap was launched on 17 July 2021, and its total supply is 171,077,544.690869 DINO tokens.

In summary, DinoSwap is a cross-chain infrastructure platform that aims to provide liquidity for layer-one blockchains. With its native token DINO, users can easily add liquidity to liquidity pools, earn rewards through staking or burning, and swap tokens across different bridged blockchains. The platform has several pools, including Fossil Farms, Jurassic Pools, Extinction Pools, and Tar Pit, to distribute rewards to its users on the Polygon network. DinoSwap was launched in July 2021, and its total supply is 171,077,544.690869 DINO tokens.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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