Earn As Much As 2478% APR on Liquidity Pools on this Platform

Unfortunately, not every crypto project, memecoin, or NFT can get an endorsement from Elon Musk. Therefore, the platform I will share today relies on guerilla marketing. If you aren’t familiar with guerilla marketing, here’s the Bing definition.

In this article, I will explain how Swaprum, a two-week-old DEX on Arbitrum, employs guerilla marketing and pays outsized rewards to Swaprum ($SAPR) stakers and liquidity providers.

Liquidity pools pay APRs ranging from 387% for stable pools to 2478% for altcoin pools. Additionally, SAPR stakers can earn up to 2100% in SAPR rewards for staking their tokens. In this article, I will summarize what differentiates Swaprum and why I have added liquidity to Swaprum farms.

Not everyone relies on influencers to pump their meaningless coin

If you are frustrated with the 60% daily swings in memecoins, looking at liquidity farming on less volatile projects may make sense. Swaprum allows you to provide liquidity on these projects and earn a volatile coin, SAPR. Once you receive your SAPR rewards, you can sell it on the market or stake it to earn insane yields on more SAPR or blue chip crypto assets like BTC, ETH, ARB, and USDT.

Swaprum uses traditional V2 liquidity pools, so you don’t have to manage concentrated liquidity or constantly monitor your positions to see if they are in range. But most importantly, Swaprum has a range of marketing and incentives to help spread the word about the platform.

The first thing I noticed when I visited https://swaprum.finance/ was a tab at the top titled: “Free Arb.” So naturally, I clicked the button to learn more.

Long story short, people can earn free ARB tokens by Tweeting about Swaprum and sharing their transactions. The base is 0.5 ARB per day, and committed marketers can earn up to 5 ARB per day for promoting the project. This strategy seems to work, as the Swaprum Twitter account has 93,000 followers.

The Rewards don’t stop there!

After learning about the Free Arb opportunity, I checked out the referral program. I was surprised to see that the referral rewards are extremely generous.

If someone uses your referral link and either stakes or farms on Swaprum, you will receive a 10% reward (in SAPR) of the rewards they earn. This has zero impact on the referred persons’ rewards.

If I understand this correctly, let’s imagine you refer a person who adds liquidity to the platform. They earn $100 in SAPR rewards over the week. If they used your referral code, you would earn 10% ($10) of SAPR. This is significantly more generous than most referral programs on decentralized exchanges.

If you decide to add liquidity or stake SAPR on Swaprum, I encourage you to use my referral link https://swaprum.finance/?ref=b8a16dc0, and I can earn this bonus. I appreciate it if anyone uses this, but you are not required to use a referral link to earn any rewards on Swaprum.

Unique Tokenomics

Thus far, a little under 12 million SAPR tokens have been minted. The token trades at $0.17, and the circulating market cap is $1.6 million. The max supply is 300 million SAPR tokens. Emissions start high and are scheduled to decrease over time.

I appreciate that the platform displays the data and metrics on its “about” page on the platform. Here’s a screenshot of the information at the time of writing.

You may notice a field with burned tokens at the bottom of the screenshot. Currently, about 20% of the supply has been burned. Here is the breakdown of how the token burn works from the Swaprum docs.

It should be noted that most of the 2+ million SAPR tokens that have been burned were from initial liquidity. Details can be seen here: https://swaprum-finance.gitbook.io/swaprum/tokenomics/sapr-burns/burning-status.

Finally, SAPR tokens can be staked to earn more SAPR or other crypto assets. These rewards are extremely high right now. For example, someone can stake SAPR and earn 1055% in Bitcoin APR. There is a 5000 SAPR cap on this staking pool which is $850 worth of SAPR at the time of writing.

How long will these high rewards last?

Unfortunately, I don’t have the answer to this question. Today, a little over $2 million in total value is locked on the platform. If this number increases, the reward percentages will probably go down.

But as we know in DeFi, APRs can change quickly depending on many variables, including the token price. The SAPR token has depreciated heavily from its initial launch, ranging between $0.08-$0.25 since May 3.

Key Takeaways

The SAPR token has over 21,000 holders today. This is impressive for a platform with over $2 million in TVL. This is likely due to the aggressive rewards, guerilla marketing, and referral programs the platform is using.

I’d encourage you to look at their pools and see if any options interest you. I found some to put my liquidity in, and I’m earning a sizable yield today.

If you decide to add liquidity or stake SAPR on Swaprum, I encourage you to use my referral link https://swaprum.finance/?ref=b8a16dc0, and I can earn this bonus. I appreciate it if anyone uses this, but you are not required to use a referral link to earn any rewards on Swaprum.

At the time of writing, I provide liquidity on Swaprum and have SAPR tokens. I haven’t been paid or sponsored to write about this project.

^{This information should not be taken as investment advice. Digital assets like crypto and NFTs involve risk, so you should always perform due diligence before investing. Furthermore, this article is my opinion; I am not a financial advisor.}