Swingby Protocol

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Head here to add liquidity to Skybridge and start yield farming the LP tokens here.

Last week Swingby quietly launched a new yield farming contract that provides additional rewards to Skybridge liquidity providers! By staking BTC, WBTC and/or BTC.B to skybridge, and locking your LP tokens (sbBTC) into our yield farming contracts, you can earn around 8%+ in Bitcoins and 10%+ in Swingby tokens.

The sbBTC yield farming contract is more than just a liquidity incentive. It helps to improve the capacity and volume of the bridge by incentivizing the float to remain equally balanced.

Skybridge works by maintaining a…


Thanks to Arnold Nowak (Discord arnoldinho71), one of our biggest Swingby superheroes, for writing the original version of this tutorial.

What is liquidity farming?

Liquidity mining (yield farming) is providing a liquidity pair of tokens to decentralized exchanges (DEXs) in order to earn rewards. Since the primary goal of an exchange is to be liquid, DEXs seek to reward users willing to bring capital to their platform. They offer a share of the fees in return. Uniswap offers 0,3% of swap fees, Sushiswap — 0,25%.

Swingby offers additional yield farming rewards to users that provide liquidity to Swingby token markets, every single ETH block…


What is Swingby?

The warp-speed protocol for inter-blockchain swaps, allowing DeFi users to easily move assets between blockchains without the need for a trusted party.

Swingby’s bridge protocol, Skybridge, builds trustless bridges between BTC, Ethereum, Binance Chain, and other blockchains secured by a network of node groups that execute fast token swaps using ‘multi-party computing’ and layer 2 technology.

Skybridge allows users to move Bitcoin tokens between the Bitcoin, Ethereum, and Binance Chain blockchains without relying on a central custodian, opening up a whole world of DeFi capabilities such as liquidity pooling and DEX trading with easy to use UX.

Swingby has launched…


Swingby launches their new yield farming ecosystem incentives scheme, encouraging tokens holders to put their Swingby to use by becoming Sushi or Uniswap V2 liquidity pool holders in return for additional rewards.

Try it now: https://farm.swingby.network/

At the start of June, the Swingby team posted a tweet announcing the launch of their brand new BEP20 to ERC20 Swingby token bridge, which allows Swingby token holders to easily convert their precious Swingby to an ERC20 equivalent and vice versa. The launch aimed to expose the Swingby token to all of the amazing DeFi opportunities that exist on the Ethereum chain.

A…


What is Swingby?

The warp-speed protocol for inter-blockchain swaps, allowing DeFi users to easily move assets between blockchains without the need for a trusted party.

Swingby’s bridge protocol, Skybridge, builds trustless bridges between BTC, Ethereum, Binance Chain, and other blockchains secured by a network of node groups that execute fast token swaps using ‘multi-party computing’ and layer 2 technology.

Skybridge allows users to move Bitcoin tokens between the Bitcoin, Ethereum, and Binance Chain blockchains without relying on a central custodian, opening up a whole world of DeFi capabilities such as liquidity pooling and DEX trading with easy to use UX.

Swingby has launched…


What is Skypools?

The one stop shop for DeFi and any-to-any coin swaps.

Announced in the initial Swingby whitepaper back in 2018, Skypools is the ultimate platform built on top of Skybridge. It utilizes an update to the Skybridge that allows it to construct complex transactions such as smart contract calls. With this feature, Skypools combines the bridging functionality of the Skybridge with existing platforms such as Uniswap, Aave, Pancake, and much more to provide a truly ubiquitous, one-stop-shop, for all of your DeFi needs. Oh yeah, it supports all chains that exist on the Skybridge (including Bitcoin).

The crypto ecosystem is growing…


Next week, Swingby will launch their BEP20 to ERC20 token bridge allowing Swingby token holders to move their tokens on to Ethereum and back. This news is huge because it opens up a whole world of new DeFi opportunities for the Swingby token. 99% of all DeFi value is locked on Ethereum and now Swingby can be used there.

How does it work?


We’re excited to announce that we are going to airdrop 170,000 Swingby ($80,000) tokens to PancakeSwap CAKE-BNB LP holders. Why? Because we are part of the BSC family and PancakeSwap ecosystem has helped us big time in the last few months. This airdrop will help to incentivize additional liquidity providers to start adding liquidity to the Swingby — BNB pool and will hopefully help to replace PancakeSwap as our primary market.

We are a DeFi project, that exists to improve the DeFi ecosystem, so we want our primary market to be in DeFi.

The Airdrop

Tokens will be distributed to the top…


Q1 Skybridge Analytics — As we are launching the second bridge (BTC->BSC), new records are being hit every week.

Previous performance reports January & February.

We plan to keep these reports shorter and with comparative results so that people can easily compare and see how fast the project grows.

Current TVL (total volume locked): $36.284.446 (Source)

The evolution of the avg daily volume:

  • January — $40.060 (Peak: $174.000)
  • February $94.785 (Peak: $362.573)
  • March — $206.126 (Peak: $643.009)

We went 5x in volume from January to March, and we expect the volume to increase exponentially in the weeks and months to…


Last week the Swingby ninja developers silently pushed an update to both the Bitcoin to Ethereum bridge and the Bitcoin to Binance Smart Chain bridge that enables the use of Bitcoins Segregated Witness (SegWit). Instantly, Bitcoin swaps became 47% cheaper due to vast reduction in network fees as a result of using SegWit, which aims to increase block capacity and efficiency.

The integration of Segwit has reduced the overall fees-per-swap, making the Skyrbidge a more attractive opportunity for Bridging Bitcoins (BTC) to BSC or ETH. But not only that, the new update shows that the Swingby tech team is 100%…

Swingby Protocol

The fastest protocol for cross-chain swaps, allowing DeFi users to move assets between blockchains without the need for a trusted party. https://swingby.network

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