Swan Finance acts as a bridge between the worlds of centralized and decentralized finance. It provides the best of both worlds. SwanFinance offers an easy to use interface for earning interest, while SwanCredit provides a decentralized platform for peer to peer lending. While the crypto deposits are securely locked up on the SwanFinance platform earning interest, users can use their crypto deposits as collateral and lend to others to earn additional interest on the SwanCredit platform through an Automatic Credit Swap.
They use an ERC20 token called SWAN. Use the SWAN token to get the best interest rate. Stake SWAN tokens to earn higher interest, up to 20% APY on SWAN tokens and up to 12% APY for other cryptocurrencies listed below. You can choose one month or three month deposit lockup periods. Interest is paid out every 7 days using the SWAN token.
Verify your email and your account (KYC). KYC is very easy via FractalID.
Share your referral link and get 50$ of SWAN tokens for each referral. After verifying, very soon you will be able to see the amount of people you referred on the dashboard. SWAN tokens will be distributed within a few days of verifying your referral.