Storm Token (STORM) is a trading platform on the StormSwap Protocol. StormSwap is a decentralized cryptocurrency trading network. StormSwap is an approaching endurable decentralized yield farming and yield aggregator platform based on Avalanche. Also, the Storm platform has made its route to Avalanche. The Avalanche blockchain provides near-instant transaction decisions. The StormSwap platform aims to provide secure yield farming facts. Yield farming concerns lending crypto in exchange for high returns, also called yields, generally paid out in crypto. Yield farming needs a liquidity pool that is a smart contract and a liquidity provider that is a lender. Smart contracts are like regular contracts, but instead of being drafted on paper, these contracts operate in the form of protocols on the blockchain.

According to the whitepaper, the StormSwap as a yield aggregator supports lockers for the Avalanche chain (AVAX) and Cronos Chain (CRO). Yield aggregators are designed to increase profits by purchasing different decentralized finance (DeFi) protocols. Furthermore, Stormswap's goal is the responsibility of every user to participate in the project's progress. Also, it aims to bring together a lot more creatives and product developments as the journey continues.

STORM is the governance token of the StormSwap network. A certain percentage of every freshly minted STORM token gets burnt automatically when the yield function is called. The process tends to help in stabilizing token prices and provides a sustainable yield farming experience. The utilities of the STORM tokens are as follows:

The tokens' total supply is 3,700,000 STORM tokens.

We werken onze Storm Token naar EUR valuta in realtime bij. Ontvang de actuele prijs van Storm Token op Coinbase.