Overview

Swich is a community-driven platform, which utilizes smart contracts to offer software that aims to streamline interactions with blockchain applications. Swich aims at making Web3 more accessible to a broader audience. Furthermore, Swich products are seamlessly interconnected, unlocks new DeFi opportunities hidden in complexity, thoughtfully crafted emissions, and a deflationary mechanism to ensure the protocol's long-term sustainability.

Objective

• Create an ecosystem of cutting-edge features to give Web3 users the most rewarding experience

• To deliver top-notch functionality that can be smoothly integrated, built upon, and utilized by other protocols

• With the aim of achieving utmost decentralization, the protocol grants the community the authority to propel its advancement as a DAO, while simultaneously enabling the core team to sustainably build the protocol

Pad

Swich Pad is an on-chain launchpad, enabling promising protocols to distribute tokens on any supported chain seamlessly.

Swich will be launched via the pad, which is why we consider it a feasible choice as a primary launchpad for promising protocols, enabling teams with the opportunity to raise funds effectively.

Liquid Staking

The token models of Swich liquid staking derivatives (LSDs) are designed to primarily focus on yield aggregation. As the vault accumulates yields over time, the value of the staked tokens gradually rises, enabling users to redeem them for a greater amount than their initial deposit.

Sustainable ecosystem

Swich will adopt a grassroots, sustainable growth strategy to ensure the long-term survival of it's governance token. Swich will be built around a dual token system, which will consist of the native liquidity and the escrow version (a non-tradable governance token), both of which will be used as farm rewards.

The majority of emissions will be distributed via the escrow mechanism, providing us with a significant level of control over the supply flow within the market. This allows us to maintain a balance between offering appealing incentives to boost initial liquidity and planning for the protocol's long-term sustainability.