🔓 Lockless Protocol
Liquid-Staking Protocol for unlocking the potential of locked assets!
Introduction
SW-Tokens are liquid wrappers for the locked assets. They can be employed to earn a yield without compromising on the opportunity cost of locking the asset.
Deployments
Lockless Protocol is active on the following assets:
mFTM
- FTM - The Native Fantom Opera Chain Coin
SWKAVA
- KAVA - The Native Kava Chain Coin
SWECH
- ECH - The Native Echelon Chain Coin
SWCANTO
- CANTO - The Native Canto Chain Coin
Each deployment has it’s own unique features!
Security
- Minting of SW-Tokens is handled by a Smart Contract, which allows minting only after receiving an equivalent amount of Base asset.
- All the staked assets are partitioned into Vaults that put a cap on how many assets are held together.
- Once the Base Asset is deposited, it gets permanently locked into the Base Protocol.
Mint
Stake
Trade
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