What is SwapFish ? Getting started at SwapFish

SWAPFISH PROTOCOL

Protocol Overview

SwapFish Finance is a Decentralized Exchange protocol native to the Arbitrum blockchain. With SwapFish users can trade crypto assets, earn trading fees and FISH tokens, and participate in the lottery for a chance to win FISH prizes.

Website: https://swapfish.fi/
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FISH token contract address: 0xb348B87b23D5977E2948E6f36ca07E1EC94d7328 Masterchef contract address: 0x33141e87ad2DFae5FBd12Ed6e61Fa2374aAeD029

Liquidity lock: https://dx.app/app/v3_3/dxlockview?id=0&add=0x570Eab8422160840ce3b7b2BE4c71D657659868f&type=lplock&chain=Arbitrum
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Locker address: https://arbiscan.io/address/0xd7d75b945eC500257CDCDD5caA427D6F36D6CDbC Audit by SolidProof: https://l.swapfish.fi/audit
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KYC by Solidity.Finance: https://kyc.capital/KYC/SwapFish/
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Reviewed by RugDoc: https://rugdoc.io/project/swapfish/​
Twitter: https://twitter.com/SwapFishFi​
Discord: https://discord.gg/Z4DrdBqgZp​
Telegram Announcements: https://t.me/swapfishannouncements

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Roadmap

Pre-launch
.Business plan
.Audit & KYC
.Rugdoc review
.Website & server security

Week 1 – Launch
.Minting start for FISH
.New farms
.Promotion & giveaway
.Partnerships

Week 2
.Community growth
.New farms
.Whitelisting partner tokens
.Listings
.AMA
.Promo campaign
.Giveaway
.Partnerships
.Additional wallets support
.Community farms

1st Quarter
.Multi-language support
.Swap statistics page
.Auto-compounding single staking pool
.UI/UX, Performance upgrades & bug fixes
.Partner single staking
.ZAP function
.Fiat Gateway

2nd Quarter
.Bridge integration
.Merch store
.NFTs
.Swap limit orders
.Stable swap
.Launchpad

3rd Quarter
.Prediction markets
.Bug bounty program
.OTC market
.NFT marketplace
.Utility NFTs

4th Quarter and beyond
.Leverage trading
.Voting

Set up a Wallet

The most important and basic thing you’ll need to interact with Swapfish protocol is an external wallet (e.g. MetaMask) that supports the Arbitrum One network.
When you’re setting up a wallet be sure to:
.Download and install only the latest version from an official source;
.Follow the setup guide carefully;
.Safely backup your recovery phrases;
.Never share your recovery phrases with anyone, under any circumstances!;
.Never input your recovery phrase to a website or app, other than your wallet app.

Below you can find detailed instructions on how to set up a Metamask wallet in your web browser.

Using Metamask

One of the first things you should do in Metamask is install a wallet that holds your crypto currencies.

Step 1: Click on the Metamask logo in the top right of your browser.

Step 2: Read and agree to all of their terms and conditions.

Step 3: Enter a password and click “Create” to create a wallet.

Step 4: A list of 12 “seed words” for your wallet will appear. Click “Save Seed Words as File” and store the “MetaMask Seed Words” file that is downloaded.

Remember to never, in any situation, give someone your private key or recovery phrase (“seed phrase”). This will give someone complete access to your crypto! This is also your only recovery option in case you forget your password or lose your device. It is best to write the seed phrase on a piece of paper and store it somewhere safe. Making more than one copy is also a good idea!

Step 5: Click “I’ve Copied It Somewhere Safe” once your seed words file has been securely stored.

By default your Metamask wallet is set to the Ethereum mainnet network. To interact with Swapfish you should connect to the Arbitrum One network:

Step 1: Click on the “Ethereum Mainnet” on the top of your wallet and at the bottom of the list choose “Add network”

Step 2: Insert the following info

.Network name: Arbitrum One New
.RPC URL: https://arb1.arbitrum.io/rpc
.Chain ID: 42161
.Currency symbol: ETH
.Block Explorer URL: https://arbiscan.io/

Get ERC20 Tokens

The native tokens of Arbitrum One blockchain are ERC20. To do most things on any blockchain, you will need to pay gas fees, which in our case come in the form of ERC20 ETH (Ethereum). You will also need the ERC20 version of any token you want to trade, stake etc. on Arbitrum One.

Get Funds From a CEX

In case you do not have any funds in your external wallet, you can easily transfer them from a centralized exchange such as Binance which supports Arbitrum One withdrawals.

Transfer ETH from Binance to an external wallet:

.Make sure you have ETH in your wallet;
.In your spot wallet look for ETH and click on Withdraw;
.Insert your external wallet address;
.Choose Arbitrum One network;
.Insert the amount of ETH you wish to withdraw;
.Click the Withdraw button.

Bridge to Arbitrum

Bridge Funds from other Blockhains

​👉 https://swapfish.fi/bridge​

In order to facilitate an easy transfer of capital over to Arbitrum from other chains and provide a better user experience, SwapFish has integrated our own Bridge feature, an effortless solution for bringing your funds over to Arbitrum.
Our bridging solution is provided by Socket and it allows for transfer of funds from the following chains to Arbitrum:

.Ethereum
.Polygon
.Binance Smart Chain

Fiat Gateway

👉 https://swapfish.fi/fiat-gateway​

Step-by-step Tutorial:

Step 1: Choose whether you would like to buy crypto via bank transfer or by card;

Step 2: Choose the fiat currency you wish to spend;

Step 3: Choose the coin you wish to buy;

Step 4: Choose the amount of fiat you wish to spend. You will automatically get the quote of how much crypto you will receive;

Step 5: Choose on which chain you wish to receive crypto (options are Ethereum, Arbitrum, and Optimism);

Step 6: Review all the details and when you wish to proceed click on ‘Buy’;

Step 7: You will need to verify your phone number by typing a 6 digit code sent to you by Mt. Pelerin;

Step 8: You will need to provide your email;

Step 9: After passing the verification you will automatically register on Mt. Pelerin. Review the details of your purchase one more time and if everything checks out click ‘Next’;

Step 10: Choose the receiving address;

Step 11: Validate the chosen address in your wallet;

Step 12: Follow the instructions provided by Mt. Pelerin in order to finish the purchase;

Step 13: Purchase complete!

Fiat Gateway overview

We have integrated a Mt Pelerin FIAT gateway into our protocol to make it even easier for you to interact with SwapFish.

A FIAT gateway allows you to buy crypto directly with your credit card or through a bank transfer and receive the tokens in your supported external wallet. Conversely, when you decide to sell the tokens it allows you to withdraw the money back onto your bank account.

Support and Frequently Asked Questions

Where can I find more details about pricing of the crypto-fiat exchange service offered by Mt Pelerin?
Support and FAQ: https://www.mtpelerin.com/support​
Pricing and Limits: https://www.mtpelerin.com/pricing​
Support: https://www.mtpelerin.com/contact​
Support email: hello@mtpelerin.com

Buy crypto

​Mt Pelerin FIAT on-ramp lets you buy cryptocurrencies on any of your wallets instantly by card or bank transfer. You get live market price, low fees and no hidden costs. No identification required.

FIAT on-ramp offers a convenient and cheap way of exchanging the money in your bank account into crypto and allows for a quicker interaction with the world of Decentralized Finance.

Supported currencies:

Fiat: AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD, ZAR
Crypto: ETH, USDC

Deposit time:

– Credit card instant
– Bank Transfer:
https://www.mtpelerin.com/support#buying

NO-KYC bank transfers

Since Mt Pelerin is an authorized Swiss financial intermediary their regulation allows for KYC-less money exchange under certain thresholds. As a result, you can buy crypto without having to pass KYC below the following limits. You can still pass it and remove these limits for unlimited transfers.

CHF 1000 per day

CHF 15.000 per month

CHF 100.000 per year

Buy crypto with the lowest fees

The first CHF 500 you exchange for crypto each year by bank transfer is completely free! After that, a small fee is charged and it decreases depending on your exchange volume.
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Sell crypto from any wallet and withdraw funds in 14 fiat currencies directly on your bank account. No identification required.

The daily, weekly, and yearly withdrawal limits are the same as for buying crypto. The same goes for the verification requirements and fees charged when you decide to sell crypto and transfer the fiat currency to your bank account.

ZAP (1-Click LP)

ZAP:
👉 https://www.swapfish.fi/zap
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Zapper function, or ZAP for short, represents a simple way of exchanging an individual token into Liquidity Provider (LP) tokens in just one click.

Step-by-step Tutorial:

Step 1: You need to have ETH, USDC or other tokens in your wallet;

Step 2: Open ZAP from top menu or click https://www.swapfish.fi/zap;

Step 3: Choose an LP (Farm) into which you want to make a deposit (ex. FISH-USDC);

Step 4: Approve spending of the token in your wallet;

Step 5: ZAP Liquidity (system will safely convert given token into LP of your choice)

Step 6: Go to Farms (https://www.swapfish.fi/farms), deposit your LP tokens and enjoy the rewards.

FISH TOKEN

Overview

FISH token is a governance and utility token native to the SwapFish ecosystem. FISH token distribution will begin with emissions to liquidity providers on SwapFish and single staking pool as seen on Pancakeswap and other popular swaps. During the protocol development we will aim to bring more utility to FISH token holders in the form of revenue sharing and voting.

In the following chapters you can find all the details regarding $FISH tokenomics.

FISH Tokenomics

Tokenomics typically refers to the understanding of the economics of the underlying cryptocurrency and the supply and demand characteristics that influence it.
Understanding the relationship between supply and demand for a token is important as it may help you predict market pricing in the present and the future.

Token distribution

The majority of the $FISH tokens will be emitted as farming rewards to users providing liquidity in farms on SwapFish.
The tokens collected by the treasury will in the long-term gradually be used to finance further growth of the protocol.

Emissions

Total supply: 99.999.999

Period: 3 years

Emissions decrease: 1% per week

Pre-mint: 0.1% of total supply = 99.999,99

Current emissions per second: 1.25684818578 FISH

Circulating supply: https://arbiscan.io/token/0xb348B87b23D5977E2948E6f36ca07E1EC94d7328

In order to encourage early investment in the protocol, FISH tokens will have a 3-year distribution period with emissions decreasing by 1% each week.

Utility of FISH

Stake in native farms

Holders of FISH token can choose to provide liquidity in our native FISH-USDC & FISH-ETH farms or simply deposit their tokens in the FISH single farm. By doing so you are entitled to receiving FISH rewards with Annual Percentage Rates (APRs) providing a solid passive income stream.

Lottery

Playing the FishSwap lottery gives you a chance to win FISH prizes! It is simple, fair, and you can enter as often as you like as long as you have the FISH to buy a ticket.
The collected FISH will be distributed among the winners while a certain percentage of all FISH prizes will be burned!

Swap

Overview

SwapFish is a Decentralized Exchange (DEX) that runs on the Arbitrum One blockchain.

SwapFish is an automated market maker (AMM), meaning that liquidity providers simply deposit a pair of tokens and an algorithm automatically makes markets (sets prices) for the token pair. Traders can then swap between tokens in the AMM and get guaranteed prices for the swaps. This is in contrast to the Centralized Exchanges that rely on order books to connect buyers and sellers of given tokens.

SwapFish uses the formula x*y=k to calculate the price of assets in the liquidity pool where: x = amount of X tokens, y = amount of Y tokens and k = fixed constant.

With the exchange of tokens in a decentralized manner being the focus of SwapFish, we offer several core features that support decentralized trading:

Swapping/Trading

SwapFish lets users trade without the need to go through a centralized exchange. Everything you do on SwapFish is routed directly through your own wallet; no need to trust someone else with your coins!

Liquidity Pools

You can only swap tokens on SwapFish if there is enough liquidity for those tokens. If nobody has added much liquidity for the tokens you want to swap, it will be difficult, expensive, or impossible to do so.

Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there’s always liquidity for the exchange to use.

Yield Farming

Yield farming lets users that are providing liquidity earn FISH rewards by depositing their LP tokens into a smart contract (farm). The incentive is to balance out the risk of impermanent loss that comes along with providing liquidity.

Contract

Deployer: 0xD8A3275740B49015E5CdFf7904A200Ee4C851cbb MasterChef: 0x33141e87ad2DFae5FBd12Ed6e61Fa2374aAeD029

Token Contract: 0xb348B87b23D5977E2948E6f36ca07E1EC94d7328

Timelock: 0xF4DEbef024E6cEdf9756Bd9d2d47811153Ee4F2A

Exchange Router: 0xcDAeC65495Fa5c0545c5a405224214e3594f30d8

Factory: 0x71539D09D3890195dDa87A6198B98B75211b72F3

SwapFish Finance team is not responsible for any financial losses you might incur while interacting with the protocol. Investing in any project in the space of Decentralized Finance is risky and may result in the loss of your capital.

Summing up

Through the above article, CryptoChill has helped you know about the SwapFish project and the highlights of the project.

Disclaimer: This post is not investment advice. You will be 100% responsible for your investment decisions.
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