Since December 2020, SwissBorg and his token CHSB have exploded in terms of audience, new customers and performance.
SwissBorg has announced some amazing news for the first anniversary of the Wealth App :
- New Premium Community (2000 CHSB to stack for one year)
- Yield Farming for ETH coming this week
- End of the game available in the Commuity app in April / May - A lot of free BTC and CHSB to earn with this app
- NFT for the premium Genesis / Giveaway of a unicorn NFT for the winner of a Twitter challenge
- SwissBorg is now an Unicorn, the company's capitalization exceeded $1 billion
What is SwissBorg ?
SwissBorg is a reliable and accessible asset management ecosystem powered by blockchain technology. SwissBorg puts your wealth in your hands to increase trust, inclusion and freedom in the world of finance. SwissBorg's vision is to develop a wealth management ecosystem that is accessible to all. They announced last week the close arrival of field farming on the application !!!
Some statistics for the Swissborg platform (announced this tuesday) :
- 2.1 billion dollars traded in the Wealth App (lifetime)
- 100 000 actives users
- 279 000 verified users
- 2 000 new users per day
- 4600 premiums with 5 000 or 50 000 CHSB stacked
- 121 millions of CHSB stacked for the Premiums (17% of total CHSB)
- 295 millions of CHSB yielded (42% of total CHSB)
CHSB is a multi-utility ERC-20 token, and offers the five following utilities :
- Early access : Be the first to get access to new wealth management products in the app
- Premium benefits : Lock CHSB within the SwissBorg app to get access to 0% fees on BTC, CHSB and stablecoins, as well as double the yield on all Smart Yield balances!
- Voting Rights : Participation in the future of SwissBorg by voting in the referendums during the SwissBorg Council / SwissBorg Assembly.
- Protect and Burn : 20% of the revenues made on fees in the SwissBorg App are dedicated to protecting the price of our token. When the price enters a bearish zone, we automatically place buy orders. All purchased CHSBs are then burned in a transparent manner. 1,67 millions dollars are now available in the Protect&Burn.
- Meritocracy : Possible to earn rewards for contributing to the SwissBorg Ecosystem (DAO and Community App)
CHSB token has a price of $1.34 at this time, with an ATH (all tim high) at $1.55. Only 8997% increase on the last 12 months!!!
SwissBorg exchanges offers significant advantages :
- The Swissborg Smart Engine gets the best price and liquidity by being connected to the largest cryptocurrencies exchanges like Binance, HitBTC, LMAX and Kraken.
- Possible to buy and sell crypto using 15 fiat currencies including CHF, EUR or GBP.
- Possible to execute orders at the best market price.
- Connexion to multiple exchanges with one account.
- Possible to get the best liquidity and rates in a matter of seconds.
- Instant bank transfer with SWIFT or personnal IBAN
SwissBorg is offering an efficient yield farming that competes with the market leaders like Celsius and Nexo.
What is yield farming?
Yield farming is the practice of staking or locking up cryptocurrencies in return for rewards.
How does yield farming work?
Yield farmers typically stake stablecoins (USDT, USDC or DAI), as they offer an easy way to track profits and losses.
Yield farming started out by offering users a small share of transaction fees for contributing liquidity to DeFi applications and earn the project token in return.
What are the benefits and risks of yield farming?
Yiels famers can make profit by receiving token rewards. With the resale of the tokens, it is possible to make a gain in value.
Yield farmers also take risks. Even if the project is brilliant, smart contract codes are often unaudited and may be subject to bugs that make the assets vulnerable to pirates.
Yield farming on Swissborg allow users to earn easily and passively incomes up to 30% per year for USDC and 8% for CHSB :
- Smart : Optimised strategies that analyse the best DeFi projects for the best returns.
- Simple : Possible to start earning with €10 with no minimum commitment period.
- Secure : Creation of a Safety Net Program fund with 1 million CHF and 25% of all returns added to this fund to protect against risks.
- With a premium account it is possible to stake CHSB to double the Yield Farming earnings. The Smart Yield account finds the best opportunities to maximise returns while balancing risk.
After the launch of Yield farming 3 months ago, SwissBorg offered a significant rate for the USDC / CHSB interests :
- 20% of average interest rate for USDC / 31.22% was the maxium Yield when market conditions were favourable.
- 5/8% of interests per annum for CHSB.
- Yield Farming for ETH is coming this week with 15% per annum for the Premium Genesis. 11,75% for the Community Premium. 7,5% for the standard members.
- Yield Farming for BTC is coming next.
How is the CHSB Yield calculated?
It is calculated with a weekly score based on key figures of the SwissBorg ecosystem. This score will be based on :
- SwissBorg App Volume Score: A combination of the volume generated from exchanges as well as the amount locked in different Smart Yield wallets (excluding the CHSB Smart Yield).
- CHSB Token Score: Calculated based on trading volume on CoinMarketCap and the current price of CHSB.
SwissBorg App Activity Score: A combination of new users joining the app. The score will be higher when the activity of users in the app is higher(deposit, exchange, check the portfolio or read our asset analysis).
- Community App Score: This is calculated based on activity in the Community App.
- DAO & Social Media Engagement Score: Scores based on the number of active members in the DAO and the engagement we get on Facebook, Twitter, LinkedIn and Instagram. Like, share or comment SwissBorg posts are boosting the score.
A new and more affordable premium with good benefits :
Conclusion :
SwissBorg has an incredible success this 3 past months. SwissBorg team is very great to communicate and listen a lot their amazing community to improve the products developped. SwissBorg has a bright future. In my opinion, you can earn a good amount of money by investing in CHSB. Like BINANCE Coin (BNB) or Celsius token (CEL), utility tokens are growing very fast. CHSB token has good fundamentals, with important features like Protect&Burn to protect stackers and rarefy the token.
You can follow SwissBorg news every tuesday at 9PM CET. Cyrus Fazel, the SwissBorg CEO, speaks every week during his PoW WoW.
Referral links :
SwissBorg - Invest in Crypto : https://join.swissborg.com/r/pierreNF64
=> Earn up to 100 euros in free BTC when you deposit 50 euros on SwissBorg. You can withdraw the deposit and the bonus without buy cryptocurrencies. After the 18th of March, the rewards will be paid in CHSB because the token overperformed BTC during the last 12 months.
SwissBorg Community : https://www.swissborg.com/community-app-referral - DLXBBOQ
=> Earn 3000 points to be ranked in the Bitcoin prediction game when you sign up. It is possible to earn 250 CHSB tokens (approx $340) and up to $14 316 BTC rewards by playing this free game. You just need to be ranked in the 20000 first players at the end of the game or have all the Community badges to be paid.
