Playground of the Week: CroxSwap
Hi babies, how y‘all doing this week? On this lovely Sunday, BabySwap brings babies Playground of the week — CroxSwap.
We all know that Playground is the wonderland for BABY. You can use BABY to play and earn at our friend’s house. There are various types of games, prediction, vaults, payment, NFT minting, yield farm, etc for you to explore.
For Playground of the Week, we will introduce a glowing project from BabySwap playground in the week. Guess who’s baby’s favorite?
Let us welcome the selected project this week — CroxSwap.
Introduce by Baby
CroxSwap is a fully decentralized next-generation yield farming and staking protocol where liquidity providers can earn dual rewards from LP farms and multiple rewards from staking native token CROX. Their platform provides Farming-as-a-service (FaaS) and Staking-as-a-Service (SaaS) for other projects to create liquidity mining pools without any hassle of coding or extra cost.
Crox Bridge will be a seamless interoperable cross swaps protocol where you will be able to transfer your assets across chains faster, cheaper, and smoother.
Learn more about CroxSwap.
Play with Baby
You can stake BABY-USDT and earn rewards in CroxSwap. This is exciting because Baby always loves DEX friends! Most importantly, BabySwap will connect our partner projects to CroxSwap in order to boost up the use-case for each. Growing together with the help of BabySwap and BabySwap Friends is a way to the moon!
Chat with Baby
Our baby invited CroxSwap to the house and chatted a little bit, here’s the record!
1. What are the main advantages of CroxSwap for the user, compared to the similar projects?
Croxswap is a unique platform that offers dual rewards for staking LP tokens where you can earn double APR compared to single farms and it helps you to recover the impermanent loss quicker. Not just the dual farms our technology also offers Next-Generation staking where you can stake CROX to earn multiple rewards in a single harvest. Our biggest pool so far was Stake CROX and Earn 15 tokens in one go.
2. What is your security strategy? How do you protect your users, their funds and data?
Our smart contracts are audited multiple times before we deploy them to the mainnet. Security is our priority. We have expert developers who audit internally and go for external audits to make sure our contracts are safe to use.
We are a fully decentralized platform and we do not collect or store any user personal data. Every transaction or interaction with croxswap.com is a public ledger available on the blockchain.
3. What’s your roadmap for the next couple of months?
Roadmap has been laid for 2022 and we are achieving the targets one by one as per the plan.
In Q1 2022 we planned to deploy a beta version of launchpad, and we have achieved it in the first month. Next couple months are very crucial for Croxswap. We are going to launch our interoperability protocol cross-chain bridge where you can swap from Chain A token A to Chain B Token B in a snap.
You can find the detailed roadmap on https://docs.croxswap.com/road-map
4. Tell me a little more about your latest feature.
We have been working on multiple innovative ways to reward our users with dual reward strategies, dual farming etc. Recently we tried a grand pool where users were able to earn 15 tokens from one pool. This was the best feature that we have implemented recently. Another feature was a launchpad to raise funds for a new project. Other IFO platforms were using LP staking method but we tried a stable coin BUSD instead of unstable LP staking method. It avoids impermanent loss during the presale.
5. Why did you decide to cooperate with BabySwap?
Babyswap’s idea of helping baby projects in the BSC ecosystem, which lines up with our vision of creating farming-as-a-service for other DeFi projects. Most of our clients are small startups in DeFi industry. Also, Babyswap’s strong community and their fastest growing pace impressed us.
6. What do you hope to see next for BabySwap？
We have been working with Babyswap for over 5 months now and they have been cooperative, and we have deployed various pools on our dual farms to provide liquidity for Baby and Milk tokens. There are always more opportunities to work as a team and bring forward more rewarding features for both communities.
7. Are you going to have any other cooperation with BabySwap? What are they?
Yes. Absolutely. We will have many new features that will involve our partners including Babyswap. We are going to launch a new token next month which will be used as a farming rewards token, and we will have liquidity for this token on Babyswap as well.
BabySwap Playground welcomes more projects to join, and is committed to bringing more use cases and benefits to babies.
Guess what’s the glowing project next week?
Let us all play with the baby! ❤️