Swappi — LP-STAKE & EARN — New DEX on Conflux Network 🥑🚀

Luis Antonio Cruz
3 min readApr 30, 2022

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SWAPPI — First DEX (AMM) on Conflux Network.

Swappi is the first DEX (AMM) in the Conflux eSpace and allows you to earn in various ways with your crypto. You can Swap, Add Liquidity, Farming, Staking and now very soon participate in Swappi’s IDO Launchpad platform.

Conflux recently had its hardfork called Hydra, which has features like a PoS parallel chain and a 100% Ethereum EVM-compatible dev space, the eSpace, among other improvements.

Swappi is the first DeFi dApp launched on the Conflux eSpace and was incubated by the Conflux foundation. It is also the first dApp to gain access to the liquidity incentive program that aims to incentivize liquidity from existing projects and future new projects to come into the Conflux ecosystem.

What is $PPI? 🥑

PPI is the governance token of Swappi, this token is given as a reward on farming and is also used to boost your profit on Farming.

Currently there are also 4 liquidity pools where you can farm your PPI tokens: PPI-USDT, PPI-USDC, PPI-ETH, CFX-PPI.

PPI will also be used as an exchange token alongside Conflux’s CFX token on Swappi’s upcoming IDO launchpad platform.

PPI tokenomics

Total Supply:

  • 488,000,000 PPI

Emissions

There are no pre-sales, private sales or pre-listing allocations of the PPI token.

All tokens are distributed according to emission schedule. That means that the team funds and treasury funds are distributed at same pace as our LP farms.

Distribution

All PPI tokens will be emitted according to the distribution portion. Team, Treasury and Marketing funds are emitted at the schedule as public distribution to LPs.

more detail about PPI tokenomics here.

PPI cumulative supply distribution over time

How to Earn? 🤑

You can start earning by adding liquidity to any of your favorite Liquidity Pool, here I share the list of pools that are currently available on Swappi.

  • CFX-WBTC
  • CFX-ETH
  • WBTC-USDT
  • ETH-USDT
  • USDC-USDT
  • CFX-USDT
  • CFX-USDC
  • CFX-BNB
  • PPI-USDT
  • PPI-USDC
  • PPI-ETH
  • CFX-PPI

Once you add liquidity you can participate in farming and get those PPI 🥑!

If you have your tokens in Ethereum or Binance Smartchain, don’t worry! you can bridging your assets using these solutions.

If you are a user of Kucoin, you just can buy CFX (eSpace) and withdraw directly to Swappi and start to swap — LP — Farm.

Note: Swappi is eSpace-compatible only, this means that you need to bridge your assets before start to use Swappi or get your CFX (eSpace) on Kucoin or gate.io and withdraw directly to Swappi.

Binance bCFX or other CFX core-listed exchanges need to be bridged first.

Good Yield Farming! 🚜

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