The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

CoinSwap Space Adds Staking Pools With ADA Rewards

by ChainWire
July 22, 2021
in Industry Announcements

July, 22, 2021 – Tallinn, Estonia


CoinSwap Space, a decentralized exchange on the Binance Smart Chain, this week announced the option to stake their native CSS token and earn rewards in ADA. This new feature, along with the ability to earn rewards in ETH and LINK, is one of a trio of staking options for CSS that has recently been launched. These new staking options offer users rewards in major crypto tokens, allowing them to minimize risk due to market volatility.

CoinSwap was launched this year on April 30th with a comprehensive suite of DeFi options. Since then, the decentralized exchange has attracted new users through its ease of use and its low transaction fees which, at $0.20, are even less than the already very affordable PancakeSwap. Similar to PancakeSwap, CoinSwap utilizes the automated market maker (AMM) model which allows its users to add capital to liquidity pools in return for native CSS tokens.

Since the launch, CoinSwap has seen many new pairs, new features, and new staking options launched on the DEX. The goal of CoinSwap is to supply a myriad of different DeFi features on one easy-to-use interface and, in doing so, make DeFi more accessible to the average retail investor.

CoinSwap has several features that users can utilize to make interacting with DeFi easier and quicker. For example, CoinSwap offers a mass harvest and mass staking option. These features allow CoinSwap users to instantly harvest all of the returns across all of their liquidity pools and either send them directly to their wallet or compound them by staking them on CoinSwap. As well as being easier and taking just a couple of clicks to do, this is also cheaper as all of the tokens are collected via just one transaction on the BSC.

The recent volatility in the crypto market has been particularly hard on small cap tokens. While major tokens like Bitcoin and Ethereum are currently a little above 40% of their all-time high, some smaller tokens have seen losses of nearly 97%. This is why CoinSwap is offering rewards in LINK, ETH and now ADA. The long-term viability of these tokens should protect them from the heaviest losses.

Currently, as crypto might be entering a bear market, a lot of investors are seeking a place to store funds for the long term. Having the option to earn rewards in these tokens makes CoinSwap worthy of consideration for this long-term storage. Another point that makes CoinSwap viable in the long term is that CSS tokens, unlike PancakeSwaps native CAKE tokens, have a hard cap. The hard cap of 19,999,999 together with the fact that the community can decide every step of the way for CSS to become more deflationary, should provide some stability through a bear market.

CoinSwap is also a rare case given its audit before launch by Certik, one of the most trusted security technology companies in the blockchain industry. Certik carried out security audits of CoinSwap’s smart contracts by testing them with an industry-leading Formal Verification Tool. The audit verifies the ability of CoinSwap’s liquidity pools and staking pools to stand up against hacks.

About CoinSwap Space

CoinSwap Space is a suite of DeFi services built on the Binance Smart Chain. It primarily features a decentralized exchange founded on the automated market maker model (AMM) that provides the lowest fees on BSC. CoinSwap users can earn the CSS token by staking and farming capital. Users also benefit from smart routing, guaranteeing maximum yields and the lowest slippage available.

Website | Twitter | Github | Telegram Group | Telegram Announcements

Contact

Alexandra Karpova

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

 
Submit a Press Release

Industry Announcements

  • Sports Prediction App Pooky Launches Full Version of Its Play-and-Earn Game
    March 23, 2023
  • StormGain Launches StormGain DEX for User-Friendly Decentralized Crypto Trading
    March 23, 2023
  • KyberSwap Announces First-Ever ARB Token Liquidity Pools, Liquidity Mining and Trading Campaigns on Arbitrum
    March 22, 2023
  • Metacade Presale Hits Final Stage Before Listings, Raising Over $500,000 in Under 24 Hours
    March 22, 2023
  • Yesports Launches the Largest Esports Marketplace for Gaming Expansion Into Web3 Alongside 40+ Partners
    March 21, 2023
  • Metatime Raises $11M in Private Funding To Enhance Web 3.0 Ecosystem
    March 21, 2023
  • Coinfest Asia Is Back in 2023 Carrying the Theme of Web 2.5
    March 20, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,359.60
$28,359.60
3.89%
Ethereum
$1,820.87
$1,820.87
5.28%
Cardano
$0.37234
$0.37234
4.02%
XRP
$0.448437
$0.448437
5.85%
Dogecoin
$0.077526
$0.077526
4.63%

Spotlight

  • Investor Who Called 2022 Crypto Bottom Says Beautiful Set Up Forming for Bitcoin (BTC)
    March 21, 2023
  • Ethereum (ETH) Still Has Room To Run Higher, According to Crypto Analytics Firm Santiment – Here’s Why
    March 21, 2023
  • Pro-XRP Lawyer Predicts Critical Documents Relating to Former SEC Director Will Be Available to the Public
    March 21, 2023
  • FDIC Set To Sell Crypto-Friendly Bank in $38,400,000,000 Deal, but Excludes Digital Asset Banking Branch From Transaction
    March 21, 2023
NBX Warsaw Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl