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AshSwap Price
ASH
How Much is 1 AshSwap (ASH)
Convert ASH to your currency
Last Updated on Mar 04, 2026 11:44 AM
What is AshSwap?
About the coin
AshSwap is a decentralized finance (DeFi) platform operating on the Elrond Network. It is designed as a stable-swap, which means it focuses on providing efficient and low-slippage trading for stablecoins. The platform adapts the token model of Curve Finance, a well-known DeFi protocol, to offer similar functionalities and benefits to its users.
Main features
The ASH token is central to the AshSwap ecosystem. Token holders can stake their ASH tokens to receive veASH, a derivative token that unlocks several benefits within the platform. These benefits include the ability to boost yields in the platform's farms, earn a share of the trading fees generated by the exchange, and participate in governance through voting rights in the ASH DAO (Decentralized Autonomous Organization).
How it works
AshSwap operates by allowing users to swap stablecoins with minimal slippage, leveraging the liquidity provided by its users. By staking ASH tokens, users receive veASH, which enhances their participation in the platform. The veASH token acts as a multiplier for yield farming, increasing the returns on staked assets. Additionally, veASH holders are entitled to a portion of the trading fees collected by the platform, providing them with a passive income stream. Governance is also a key aspect, as veASH holders can vote on proposals and changes within the AshSwap ecosystem, influencing its future development and direction.
Tangem supports networks for AshSwap
Temporarily not supported
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AshSwap FAQ
- AshSwap is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Key features include scalability, low fees, and fast processing. AshSwap supports developers and users who need a flexible blockchain environment.
- ASH represents the same asset as AshSwap. The ticker is simply a short label for trading and listing purposes.
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