SWAVES: How it works

PepeTeam
3 min readFeb 22, 2023

PepeTeam is an independent group of visionaries who believe that full transparency paired with decentralization supported by a strong community provides the best WEB3 future. PepeTeam’s implemented projects include a high-yield staking protocol and telegram bot for buying crypto.

PepeTeam’s implemented projects include a high-yield staking protocol and telegram bot for buying crypto.

PepeTeam’s cross-chain staking protocol allows WAVES holders to earn passive income from the beginning of their investment without any reward schedule or lock-up period. Moreover, you receive sWAVES tokens as proof of your investment, and they can be used in other DeFi products, such as liquidity pools or trading platforms. In future, sWAVES tokens will enable you to manage the protocol’s parameters. Income for WAVES stakers comes from the PepeTeam node’s mining rewards.

How it works

  • You want to start receiving higher passive income from your 1,000 WAVES tokens
  • You review offers and find out that you can earn up to 18% APY with PepeTeam WAVES staking
  • You go to swaves.pepe.team
  • Check estimated earnings
  • Provide WAVES to the protocol’s contract and receive sWAVES tokens in return.
  • The contract stakes WAVES to PepeTeam’s own node.
  • PepeTeam’s own node uses these WAVES for mining and re-stakes the received mining rewards.
  • You store your sWAVES or transfer them for using in DeFi services, such as liquidity pools.
  • You can unstake your WAVES and receive your deposit and income at any time.

sWAVES’s exchange rate does not decrease with more investment. It always grows and you can deposit your WAVES at any time at a profitable APY.

Have you ever seen such a high #APY from #WAVES #staking?

Stake WAVES with a high APY and no lock-up period!

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PepeTeam

PepeTeam is a highly qualified, anonymous and independent development team. We are open to new ideas and work in the interests of the crypto community.