News08 September 2021

Innovative DeFi Project CroxSwap Partners with Centric

Innovative DeFi Project CroxSwap Partners with Centric

Summary

  • CroxSwap to incorporate Centric Swap (CNS)
  • Centric Swap (CNS) to be incorporated in two staking models
  • Users will be able to stake CROX tokens for CNS

DeFi project CroxSwap and Centric have announced a partnership set to begin today, September 8, which will launch two staking options incorporating Centric Swap (CNS).

“CroxSwap is bringing innovative DeFi models to the Binance Smart Chain,” said Centric’s COO Tommy Butcher. “We’re excited to partner with them and welcome the CroxSwap community to Centric.”

With this new partnership, users will be able to stake CROX tokens for CNS in what is being described as CroxSwap’s next-generation staking platform. Centric’s swap also features in CroxSwap’s unique dual farm, where liquidity providers are incentivized with two toke rewards.

Users can now provide liquidity to CNC/BNB pairs and stake the liquidity to earn CNS and CROX plus a share of trade fees. PancakeSwap, the largest exchange on the Binance Smart chain, will be used to facilitate liquidity.

“Centric’s dual-token model and tokenomics caught our eye a year ago, and we’ve followed their journey. We admire the Centric team and community, and when we learned they were moving to the Binance Smart Chain, we were eager to partner with them.” said CroxSwap’s Chief Marketing Officer.

Kibet Elikana
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