The SWISS ecosystem!

In this Medium article, we will explain what SWISS is and in which environments the project will operate. Let’s get started!

To start with the simplest definition, SWISS is a decentralized finance protocol that aims to capture significant dominance in DeFi through innovative and intuitive applications.

What are the current applications of SWISS ?

In order for SWISS to be adopted and distributed in the most equitable way, we have set up a farming program that will distribute 40% of the SWISS supply during 6 months. Users can provide liquidity in Ethereum or DESH to the protocol and earn interest in the form of SWISS.

And how can we guarantee a certain intrinsic value?

The SWISS protocol levies 3% on purchase and sale transactions. As a result, more than USD 200,000 in the form of SWISS has been raised.

With the foundations built, it’s time to dominate the DeFi! But how?

On the basis of this farming program and thanks to the implementation of a constant fee to establish a base price and eliminate weak hands, it is time to unveil the most important utility of SWISS, namely: swiss.swap.

What is swiss.swap?

swiss.swap is a decentralized trading platform that, among other things, allows users to make decentralized prediction contracts on the fall or rise (in leverage) of any ERC20 token. Users will be able to create betting contracts on the tokens they prefer, and all this only through the Ethereum and in a decentralized way!

In addition, swiss.swap will provide users with all the tools that a professional trader may require: from charts and indicators to unique tools such as “whale accumulation”, “higher growth”, “momentum”, “stop loss and take profit” that no DEX platform currently offers.

And the role of the SWISS token?

The idea of SWISS is to become a community-governed token. That’s why we will establish a governance at SWISS, in which people will be able to submit new ideas to the token or modify existing ones. To submit new ideas, a number of 100 SWISS is required.

Governance, yes, but not only that!

Indeed, the decentralized futures platform will have a commission of 0.8%, which is lower than all the DEX platforms offering leverage. 0.5% of all commissions will be paid to the people who will stake SWISS in the platform, and directly retrieved in Ethereum! In addition, 0.3% will be used to buy backs on SWISS!

Finally, people who want to use the advanced tools and access the premium version on swiss.swap will have to have a minimum of SWISS. All this is to feed and sustain the swiss ecosystem.

What’s next?

With the governance to come, we are excited to discover all the innovative ideas that the community will propose! The team also has some proposals for the community, to feed the roadmap already provided, such as a protocol of loans and borrowings similar to Aave or Compound…

As you can see, SWISS is already presenting itself as a major player in the DeFi in 2021!