SWTH Token

What is SWTH and how Does It Work?

SWTH, the native token and governance system of Carbon, operates within a network created with various features. Carbon core introduces trading mechanisms such as grid bots and DCA bots. Compiling knowledge and listing insightful data, the system helps users navigate. Switcheo TradeHub, Carbon's main protocol, acts as a layer 2 cross-chain protocol for optimizing trading experiences. To maintain a certain value parameter, Carbon employs a unique peg stability mechanism. This process is aided by external capital sources. For a dedicated market-making approach, it interacts with Perp Pools by Fluo, mainly for Demex perpetual markets. This includes a funding rate for offsetting traders' losses and facilitating deposits to encourage earning maker rebates. Even though Carbon possesses a decentralized feature, it underscores not offering financial or investment advice, remarking that guidance may cater differently to individual financial situations and needs. To note, they prompt users to move funds from Switcheo Accounts Contract balances as certain tokens are distributed for legacy pairs. There's also a referral program by Carbon users can engage with.

The Vision and Mission Behind SWTH

The native token of the Switcheo ecosystem, SWTH, has a significant role in facilitating ecosystem development and contributing to the emergence of innovative decentralized projects. Carbon plans to support open financial markets and facilitate cross-chain communication through the use of Poly Network and the Inter Blockchain Communication (IBC) protocol by Cosmos. Carbon Core is a trading platform that emphasizes blockchain with an orientation towards decentralized finance (DeFi) and aims to broaden DeFi applicability. With backing from Switcheo TradeHub, Demex positions itself as a second-generation derivatives decentralized exchange (Decentralized Trading Platform) aimed at providing liquidity and reducing trading slippage. Operated under community governance, the Carbon Protocol has as its objective the amplification of liquidity, encouraging community participation, and expanding capabilities akin to EVM compatible platforms. Carbon offers a tailored Layer 2 cross-chain protocol for DeFi with a focus on scalability for financial asset derivatives and synthetic assets, while considering performance and cost. SWTH is integrated in the Carbon market dApp in a manner that motivates decentralized trading, offering its holders the potential for Native LP rewards. The platform of Carbon carries the aspiration of pioneering a less stringent financial system and helping push the advancement of a decentralized economy.

How to Buy and Store SWTH?

To purchase SWTH, Flooz.xyz offers a streamlined process. Flooz.xyz is a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless SWTH transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades.

SWTH Metrics:

• Current price: $0.2365

• Market cap: $5.98 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0

Key Technological Features of SWTH

The protocol of Carbon Core is deeply intertwined with the functionality of the SWTH token, utilizing Tendermint BFT which could provide certain advantages such as the potential for increased trading ability. It aims towards possibly lower fees with chosen pairs and a certain level of network fees for protocol trading. The protocol experiments with a lower default minimum token quantity, with an aim to possibly facilitate smaller transactions.

Any network fees associated with the SWTH and additional transaction fees with Carbon potentially circulate back to validators and delegators. A flexible interest rate for minted tokens is one of the features of this protocol. The protocol also experiments with enabling transfers of USC on EVM Cosmos app chains, topping up with an interaction with Loan-to-Value (LTV) USD minting trading. A possible reduction in maintenance margin ratios is another aspect that this protocol explores.

The integration of a delegated Proof of Stake (dPOS) system may allow the protocol to possibly employ resources better and potentially cut down network charges. The usage of SWTH could potentially alter the trading experience, based on a tiered system. The protocol is also developing various utilities like cross margin trading and isolated margin trading, thus potentially enabling users to select from a variety of margin trading combinations involving approved assets.

Features like Adjustor coefficient updates and a Multi Pool Routing feature indicate the protocol's continuous evolution. Furthermore, the Switcheo TradeHub, envisaged on the protocol's layer 2 cross-chain selection, could potentially enhance transaction processing. The protocol additionally explores several features including an efficiency mode (eMode) and interoperability across chains with demonstrations on the Neo Blockchain and Demex on the TradeHub.

The protocol of Carbon Core encourages developers to experiment and potentially develop decentralized provisions across multiple blockchains such as Ethereum, BSC, Neo, and Zilliqa. Advantages of this could range from the possibility of finding increased liquidity to experiencing seamless transactions, thereby potentially leading to a greater network utility.

How Secure is SWTH? Understanding Its Security Protocols

The V2.26.0 adjustment improves the SWTH token by incorporating an additional measure against auto deleveraging. The Switcheo Exchange combines decentralized and centralized components, while Carbon Core utilizes the Tendermint BFT consensus protocol within its nodes. The USC token adopts a dynamic model to adapt its interest rate, offering financial flexibility to the SWTH utility. The ecosystem includes consideration of Shared Security Alliance assets, but the detailed specifics remain undisclosed. The protocol within Carbon's framework allows SWTH holders to allocate tokens to validators and exert influence over the system through a decentralized chain. Carbon's protocol implements a sidechain architecture and a Delegated Proof-of-Stake (dPOS) consensus mechanism, resulting in a unique approach that allows for staking of SWTH. The protocol also provides an option to enhance your experience.

What's Next for SWTH? Upcoming Developments and Roadmap Insights

The SWTH token will introduce a feature known as "Strategies" on Demex, offering users a method to streamline specific DeFi actions. Efforts are being put forth to back the evolution of Carbon, inclusive of the LSD Vault and USC depositing. Users are given the chance to influence the V2.26.0 software upgrade through live voting. The Carbon ecosystem deliberately introduces additions, partnerships, and features to enhance the user experience and readiness for the pending Fluo Mainnet launch.

Nitron's Liquid Staked SWTH feature allows users to stake SWTH. The DeHub platform serves as a facilitator for token listings on Demex and Switcheo TradeHub. Currently integrating automated DeFi strategies, Nitron plans to accept a wider range of assets as collateral. Present plans for the Fee Discount Tier program aim to give trading reductions for SWTH stakers. To extend its ecosystem reach, Nitron is aligning with Carbon and other chains within the Cosmos network. With the USC token, users are given certain choices such as adjusting interest rates and transferring SWTH tokens to the Carbon ecosystem.

Plans are underway for a hierarchical trading fee structure, set to offer reduced fees for Demex users in perpetual and spot markets. The goal of the USC token is to maintain balance in the token market while also providing adjustable interest rates. Partnering with Zilliqa, Nitron is working to facilitate ZIL lending and borrowing in Nitron money markets. Carbon plans to implement features like a native insurance fund, token futures, and a perpetual liquidation module. It has been decided to retire the Switcheo Exchange, introducing new partners and features to Demex instead.

Integrating tokens from the entire Cosmos ecosystem, based on demand, is a part of Nitron's agenda. Features like the Leap Ahead Demex offer and Perp Pool aim to provide users with ways to accrue market making fees and rewards. Principal goals for Carbon include fostering mutual benefits with regard to liquidity, governance, and network security. Recent software upgrades offer more flexibility in crafting users' trading strategies. The Carbon network has put emphasis on widespread adoption, deep liquidity, and optimized referrals. Carbon recognizes the importance of decentralization, which is reflected in its open-source front-end UI that allows community members to lead interactions with smart contracts. The Carbon community encourages builders to join its validator network and engage in discussions.

Role of SWTH in the Current Cryptocurrency Landscape

SWTH, a component of the Carbon project, participates in different market conditions. The Carbon network broadens its ecosystem by associating with other blockchains. The Alliance function enables diverse networks to build economic networks and exchange staking profitability, constructing a cooperative structure. Furthermore, Carbon has ties with the Flu protocol, enhancing opportunities for SWTH. Using Inter Blockchain Communication (IBC), SWTH enhances capital efficiency by borrowing collateral from tokens with price correlations. This functionality within the general token landscape persists with SWTH's involvement.

The Team Behind SWTH: Who Are the Founders and Key Players?

On Carbon, users are able to interact with LUNA for staking possibilities, with the perk of accruing SWTH usage fees. USC collateral within this ecosystem facilitates the potential for delta-neutral interactions, and the Carbon trading protocol supports varying order types. This provides users with a scope for fostering their methods of interaction. Carbon is concentrated on catering to user requirements by continuous enhancements to its DeFi offerings, introduction of additional functionality, and amalgamating with partners. Continuous tech maintenance from Switcheo Labs and collaborations with entities such as Terra enable these advancements. Decisions about which assets are staked within the platform are left to the accord of Carbon's governance voting. This encourages asset variety and amplifies returns associated with SWTH. More features and easy-to-use options are provided through the integration of user-focused bridges and enhancements. The Carbon platform encourages LUNA stakers to broaden their holdings by offering Alliance asset returns, enhancing the platform's cooperative nature managed by Switcheo Labs. This multifarious and broad participation assists in promoting an inclusive financial landscape with updates available on the Switcheo Labs maintained platform.

Real-world Applications: How is SWTH Being Used Today?

SWTH operates within the Carbon ecosystem, and is utilized in multiple contexts, including in the proof-of-stake (POS) system of the Carbon protocol. As a participant, you can have access to perks such as a reduced cost for trading. The Carbon platform features a module for collateralized debt positions (CDP), supporting the use of SWTH for collateral, as well as the creation of lending and borrowing pools for SWTH. It also allows for USC stablecoin minting using SWTH as collateral. Carbon unifies liquidity from various networks into a unified token through a dedicated ERC20 module, providing traders with more efficient trading. USC, similar to DAI and USK, operates within the same framework, exhibiting features such as a dynamic interest rate model and over collateralization in the efforts of preserving its price peg. The introduction of the token for an insurance fund lets users contribute and in return, receive a proportionate share in tokens. Traders also contribute positively to the overall ecosystem, providing further incentives for active participants. Furthermore, a USC LSD Vault assists users in creating yields by allowing the deposit of USC for implementing DeFi strategies. Carbon provides for the establishment of decentralized applications (dApps) and other user interfaces (UIs) on the blockchain, complete with trading fee commissions. Perpetual trading on Carbon supports traders in gaining comprehensive exposure and responding to token price movements of digital assets like BTC, ETH, OSMO, ATOM, GLP, LUNA. The platform gives priority to accessibility, endeavoring to offer an easy-to-use interface and occasional prize opportunities. Carbon also supports integration with Carbon Core, forming part of several blockchain ecosystems, for instance, Arbitrum, Ethereum, Cosmos, and BNB Chain.