Review on Swingby by LUIS RIVERO R
Platform to connect multiple chains using a decentralized ecosystem.
DEFI platform, the token was currently launched on the Binance network. It offered a high return for bettors of liquidity since it offers at the date of publication of this comment of 67%. Its reported volume of exchange is considerable, this generates confidence since this asset is in demand.
Now, its performance in terms of price is in a downtrend since its last highest price which was 0.59USD, currently has lost more than 70% of its value, this may mean that this trend will continue as more Tokens are issued to Holders and users who keep a certain amount blocked.
Utility:
Basically this token will have security features for signatures the transactions of the new network, in fact the matter is really interesting since if they achieve what they propose to do they can win many followers, it is still in a young stage.
Basically the token will be useful to participate in the pools.
In general they call themselves a bridge between chains that will allow to join multiple DEFis.
Pros
- Return on investment by blocking.
- Token issued on the BNB network which is economical.
- A whole range of decentralized services is online for the exchange between different chains.
- A beta version of the exchange is now available.
- It will support the sending of BTC and other cryptocurrencies in a decentralized way, without any type of centralized storage.
Cons
- There are only 36 users who are betting this token.
- There are other platforms with similar characteristics that have great avaces.
