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Home All Events - Ape O'Clock Swift Finance APR Reset


Nov 16 2021

TimePacific Time

10:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Nov 17 2021
  • Time: 1:00 am



Swift Finance APR Reset

Swift Finance uses a weekly “APR Reset” strategy, wherein all the previous pools are retired and new pools are started, effectively resetting all APRs. This has an advantage over the standard practice of simply adding new pools to an existing farm, which causes dilution of everything, including the old pools.

  • Max supply 99,998 SWIFT
  • 0.0001 SWIFT / block (approximately 2 years of emissions)
  • 10% of emissions to dev
  • 4% deposit fee for non-natives, 0% for native LPs and 1% for SWIFT single stake
    • 1.5% to dividend pools
    • 0.5% to lottery
    • 2% to partnerships, marketing, buybacks, dev fees
  • Details on APR Resets can be found in their docs