Swene offers a suite of products in an elegant blend of decentralized and centralized finance (CeFi & DeFi). It includes savings accounts, vaults, staking, yield farming and trading of assets such as stocks, commodities and cryptocurrencies.
Swene Technologies is a registered company in Europe that develops environmental friendly solutions to facilitate the use of cryptocurrencies and decentralized protocols. Our mission is to offer all the services available in traditional finance but in a decentralized way and to provide users with high-quality and profitable solutions for free. Swene provides blockchain-oriented services for governments, companies, and individuals alike, and accelerates access, use, and exchange of cryptocurrencies with the help of new functionalities and services around distributed ledger technology. We’re developing a large number of solutions to make decentralized finance user-friendly. Our vision is to provide safe and simple access to these new technologies by substantially reducing the barriers to entry.
Swene’s protocol is open source and will be audited by a major external firm. It blends the latest developments of decentralized finance, employing technologies from certified smart contracts issued and used by major players like Uniswap, Aave, Compound, and more. It will be supported by our native ERC-20 & BEP-20 tokens (SWN), and our stablecoin (STABLE), and has the following features:
Innovative collateral pools for staking
Borrowing and lending abilities
The Swene app is non-custodial and aims to facilitate and secure access to decentralized finance for everyone. The user interface (UI) and user experience (UX) have been developed by a team of experienced UI and UX designers to reflect the actual needs of users in the finance world. The application uses the functionalities of the Swene protocol along with the smart contracts of other protocols to provide all the services usually available in traditional finance but in a decentralized way: Savings accounts (using staking and yield farming) Borrowing and lending (using the curated protocols) Real estate and asset management (using non-fungible tokens, NFT) Each curated protocol offered on the Swene app is evaluated and audited by our team to identify and avoid any risks or potential vulnerabilities. All of this comes in addition to traditional financial services, like buying into decentralized networks using a credit card or wire transfer.
Our stablecoin pegged to the average of multiple fiat currencies. Envisioned more stable than any fiat currency or other fiat-pegged stablecoins, our is the average of 5 largest fiat currencies by market capitalization. If one currency devalues, other currencies will stabilize it. It is the base currency for the liquidity pools, meaning that owning the asset is required for participation in the pools. The total supply of stablecoin is collaterized. It can be minted using collateral of 5 stablecoins straight on our smart contract, or burned when the users exchange stablecoin against the underlying assets.
Pools of funds that are locked and are automatically generating yield from different opportunities present in the cryptocurrency markets.Vaults have the following benefits for the users:
Automatic yield generation and self rebalancing
Automatic shifting of capital depending on the situation of the market and present opportunities.
Users do not need to have a deep or technical knowledge to do passive-investing with vaults