Fantom Opera now live on yieldwatch
Update: New L1, PRO/FREE adjustments, value added Features & Token Burn
Fantom Opera Tracking now live!
We are delighted to welcome the Fantom ecosystem and its most popular projects to the yieldwatch family. Alongside a major farming community, there is nearly $10B Total value locked so it was the next logical step to extend into Fantom Opera.
Starting today,
you can track your performance on
- SpookySwap
- SpiritSwap
- SushiSwap
- Beefy Finance
- Geist Finance
- Tomb Finance
- Yearn Finance
- Reaper Farm
- Scream
- Iron Bank
with additional relevant platforms to follow subsequently.
The $WATCH token on Fantom Opera is available to purchase on SpookySwap here.
Of course you can also bridge it over from BSC via our friends at multichain.org. Bridging is free from BSC to FTM and only 0.1% from FTM back to BSC.
The conditions for PRO access remain unchanged:
$1 in $WATCH tokens lets you monitor $200 portfolio value.
Fore more details regarding pricing, please check the original article here.
As usual, your staked $WATCH or the LP tokens in our partner farms/yield aggregators count for PRO access:
- Earn $WATCH on Moonpot.com
- Farm $BANANA on Apeswap
- Farm $BSW on Biswap
- Farm $WINGS on JetSwap
- Farm $MDX on Mdex.com
Adjustments for Free/Pro-Users
Polygon/Fantom now available for Free Users
We closely observed the liquidity flow from BSC to other Layer 1 solutions in the last months. Going forward, Free users will now be able to use yieldwatch.net on Polygon and Fantom, however with limited functionality. This will open our services to users that haven’t been involved in the early farming days on BSC and therefore didn’t try our product yet.
Stronger Differentiation Pro/Free
While bringing Polygon and Fantom to free users, we also opted to make more stats available exclusively to yieldwatch Pro Users. In line with competitors offerings, basic stats and pool infos are still available for free, more detailed & yieldwatch’s unique info do require PRO access going forward. We think that this represents a fair balance between paid and free information. We strongly believe that this decision will be much appreciated by existing PRO users as well general $WATCH token holders. The two images below give you an indication on what has changed.
Multi-Chain Tab
The integration of Fantom also inspired us to improve the UX and display all supported chains at once. This feature is exclusively available for PRO users, Free Users will still need to select the desired chain individually.
Performance Tab
Another cool feature for PRO users. This new tab shows you the projected hourly/daily/weekly/yearly gains based on the current APRs with a breakdown where exactly you are generating your yield.
Burning of Liquidity Reserve Cross-Chain Tokens
After successfully introducing token bridges between BSC, Polygon and Fantom via our friends at multichain.org, we had the pleasure to burn 1,200,000 $WATCH tokens or 6% of the Total Supply as outlined in our original plans.
You can find the burn transaction here, which reduces the Total Supply to 18,800,000 $WATCH.
Token Contracts
$WATCH is a native BEP-20 token that can be bridged between BSC, Polygon and Fantom via the multichain.org bridge.
❗️❗️❗ ️As scammers are everywhere, please make sure you only interact with the correct WATCH token contract ❗️❗️❗
- BSC: https://bscscan.com/address/0x7a9f28eb62c791422aa23ceae1da9c847cbec9b0
- Polygon:
https://polygonscan.com/token/0x09211dc67f9fe98fb7bbb91be0ef05f4a12fa2b2 - Fantom:
https://ftmscan.com/token/0xc976be9ddbb3e2b2effd9af4845c38b6195dab71
DYOR — DO YOUR OWN RESEARCH
The WATCH token is neither a security nor an asset. It doesn’t have any value outside of being a proof of membership for the services provided on yieldwatch.net. We don’t promise any returns or being the future of finance. Cryptocurrencies are highly volatile and can lose all their value at any point.
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