Company attributes
Other attributes
MoraSwap's primary mission is to provide liquidity to the entire Neon ecosystem. In other words, it plays the role of a bank that accumulates money from investors, offering in return a reward for using their money. The money received is used to exchange digital assets of project users.
To attract investors, the project offers three ways of passive income:
- Become a liquidity provider. By depositing his money into the liquidity pool, the investor receives in return a percentage that is accrued to him depending on the amount of money deposited and the frequency of using the liquidity pool itself. This is a pretty standard way to get paid without doing anything.
- Earn on a yield farm. Here, the investor initially invests money in a liquidity pool, receiving special tokens in return. And then freeze them in a yield farm. This allows you to increase the amount of payout interest, but does not allow you to withdraw money at any time. This is done in order to remove restrictions on the liquidity pool itself - after all, at any time, investors may want to return their money, which creates a constant threat of pool bankruptcy (especially in situations where large fluctuations in cryptocurrency rates begin). Therefore, by freezing your tokens for a certain time, a certain security is created for the pool.
- Staking. This type of earnings is traditional for those decentralized crypto projects that have abandoned mining. The main task of staking is to protect the internal cryptocurrency from excessive volatility. Another important function is to protect the project itself from bankruptcy - on a wave of panic, investors can rush to massively sell tokens, which collapses the course and destroys the project itself. Therefore, developers propose staking as a way to protect against these threats. To do this, the investor needs to purchase MoraSwap tokens and freeze them. In return, interest is charged.
Thus, the MoraSwap project was able to attract a large number of new investors - the market capitalization has already exceeded $6.4 million. The size of the frozen funds is smaller - only 109 thousand dollars.
The project would not exist without the Neon EVM platform, which offered a cross-chain solution for dapp developers who can now access the benefits of the Ethereum and Solana blockchains.
The Neon EVM platform uses the power of Ethereum to build applications and provides financial liquidity through Solana. This solves a whole series of problems, such as versatility of use, low fees, large liquidity, and high transaction speeds. At the same time, old projects can also be easily integrated on the new Neon platform.