SpookySwap Summary

SpookySwap is a decentralized exchange (DEX) on the Fantom network, now upgraded to V3. It continues to provide a fast, scalable platform for token swaps, liquidity provision, and yield farming while introducing new features like concentrated liquidity and enhanced user tools. As part of its expansion, SpookySwap is now available on Horizen EON and BitTorrent Chain.

Key Features

• Token Swaps: Exchange cryptocurrencies directly.
• Liquidity Pools: Earn rewards by providing liquidity.
• Yield Farming: Stake tokens to earn additional BOO rewards.

Unique Offerings

SpookySwap V3 sets itself apart with concentrated liquidity, allowing liquidity providers to customize capital within specific price ranges for greater efficiency. This version also features cross-chain bridges for easy asset transfers, single-stake staking, and NFT integration, enabling users to stake tokens, earn rewards, and engage with DeFi across multiple blockchains.

BOO Token

BOO, the governance token of SpookySwap, allows holders to influence the platform's development and participate in profit-sharing through staking.

Roadmap & Community

SpookySwap evolves based on community input, with V3 updates that enhance capital efficiency and provide expert traders with better tools. The governance-driven platform ensures adaptability to market changes, prioritizing user needs and continuous development.

SpookySwap empowers traders by offering an innovative, decentralized financial ecosystem on Fantom and beyond, blending efficient trading with advanced DeFi features in its V3 upgrade.

Spookyswap Price Analysis

As of November 24 2024 Spookyswap has a marketcap of $13M. This is {{percentagefromath}} from its all time high of $39.97. In terms of its tokenomics, there's a total supply of 14M with 73% currently outstanding. Keep in mind Spookyswap has a fully diluted value of $17M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Summarized in part by ChatGPT 4 and Claude