Paint Swap is a decentralised finance (DeFi) protocol that operates on the Fantom Opera Network (FTM). It offers an open NFT marketplace, an Automated Market-Making (AMM) Decentralized Exchange (DEX), and a Yield Farming platform. The platform aims to provide innovative solutions for NFT trading and DeFi services with the native token BRUSH being integral for transactions, staking, farming, and governance within the ecosystem.
Paint Swap functions through its integration with the Fantom Opera Network, utilising the Lachesis consensus mechanism, which is a type of Byzantine Fault Tolerance algorithm. The protocol uses smart contracts to automate processes in staking, farming, and governance. The BRUSH token is essential for these operations, facilitating diverse services such as trading on the NFT marketplace and participating in yield farming.
Potential use cases for Paint Swap include:
Paint Swap emerged within the DeFi sector to address complexities in NFT trading and decentralised financial services. Though specific details about its founding team or significant technological updates are not extensively documented, the platform has achieved milestones like launching an NFT marketplace and offering DeFi services such as yield farming and an AMM DEX. It operates on the Fantom Opera Network, leveraging its speed and scalability for efficient service delivery.
The information presented in this comparison table is for educational purposes only and is not an investment recommendation for your personal circumstances. Past performance is not an indicator of future performance.
The data points in this table are sourced as follows: ASX200 from Google’s ASX200 index price, Gold from ABC Bullion’s website (abc bullion.com.au), and BTC from CoinGecko (coingecko.com.au). All data is recorded at 10 am AEST on the first day of each calendar month.
The Paint Swap price is $0.03744263 AUD, representing a -10.86% from the day prior.
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The trading volume of Paint Swap (BRUSH) is $684.9K AUD in the last 24hrs, representing a -10.86% from the day prior.
Paint Swap (BRUSH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of Paint Swap (BRUSH) is $14.7M AUD.
Yes - With Coinstash you can convert your Paint Swap (BRUSH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of Paint Swap (BRUSH) is 401.2M.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Paint Swap (BRUSH) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.