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Mosquitos Finance

Mosquitos Finance SUCKR 

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DeFi

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General Info

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# Token

+1

Description

Mosquitos Finance is a decentralized exchange with the most advanced perpetual yield farm running on Aptos

Additional Data

Total Supply

SUCKR 17,526,666

What is Mosquitos Finance?

Mosquitos Finance is a decentralized exchange with the most advanced perpetual yield farm running on Aptos Chain and Liquid Swap DEX with lots of other curated features that let you earn additional rewards and enjoy the ecosystem. Key features of Mosquitos Finance:

  • Swap / Exchange. Users interact with a pool's smart contract to swap tokens X for Y using the liquidity in the certain trading pool. For each swap, a trader pays a fee to the liquidity providers. Due to the current chain size Mosquitos Finance decided to use the Liquid Swap liquidity pools for the beginning to enable a seamless trading experience
  • Liquidity / Pools. Liquidity providers create new pools and provide liquidity for them (tokens X and Y) so that traders can execute swaps. In return, liquidity providers receive LP tokens. The LP tokens can be staked into the farms which allows users to boost their earnings. To redeem the liquidity together with the earned fees, they need to burn LP tokens
  • Farming / Staking. With Mosquitos Finance Yield Farms, users can stake liquidity provider (LP) tokens to earn even more rewards, payed in the Mosquitos Finance native platform token. The farms allowing users to earn additional rewards beside their LP token rewards which they earn anyways as liquidity provider. In short, stake your LP tokens which you already have and earn extra rewards.

SUCKR is the primary native utility token of the Mosquitos Finance ecosystem. SUCKR serves several functions for the protocol, including staking in SUCKR pools to earn rewards and rewarding users for adding liquidity to the Mosquitos Finance platform.

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