SmarterCoin (SMRTr) is the second token in the SmartCoin ecosystem, a multi-phase DeFi project built on the Avalanche blockchain. Branded as a high-APR, game-theory-driven yield-farming protocol, SmarterCoin extends the original SmartCoin (SMRT) by introducing new incentive layers, gamified mechanics, and treasury strategies designed to reward long-term ecosystem participation.
Unlike traditional DeFi projects that suffer from unsustainable emissions and short-term liquidity, SmarterCoin aims to create a self-sustaining economic loop. Its tokenomics model recycles emissions and treasury revenue back into the ecosystem, encouraging engagement and discouraging quick "farm and dump" behaviour.
SmarterCoin operates on the Avalanche network, taking advantage of its EVM compatibility, low fees, and high throughput. The SMRTr token is implemented via standard smart contracts and functions within a broader ecosystem of yield-farming contracts, liquidity pools, and treasury mechanisms.
SMRTr uses a self-described "self-feeding tokenomics" system. Treasury funds (called the SmartFund) and emissions are redistributed through reward layers, staking events, and incentive campaigns, all governed by smart contracts. While the underlying Avalanche blockchain handles consensus and security via its Proof of Stake-based Snow family protocol, SmarterCoin's internal mechanisms manage emissions, yield multipliers, and reward distributions.
The ecosystem does not rely on novel cryptographic algorithms. Instead, it leverages economic algorithms built into the protocol’s game-like structure. Core contracts have been externally audited (e.g., by Paladin), adding a layer of credibility to the otherwise experimental project.
The primary use of SMRTr is within the DeFi yield-farming ecosystem. Users provide liquidity to approved pools and stake their LP tokens or SMRTr to earn additional rewards. These mechanics are designed to keep participants engaged through ongoing phases, boosters, and reward events.
Other use cases include:
SmarterCoin is not currently positioned for mainstream finance or enterprise use; its core audience is Avalanche DeFi users seeking high-yield opportunities in community-led ecosystems.
SmarterCoin originated as a later-stage evolution of SmartCoin (SMRT), which launched on Avalanche in Q3 2021. SMRTr was introduced to deepen the ecosystem, adding complexity and long-term incentive design to the original farming mechanics.
The project is led by a pseudonymous team, who have stated that contributors include professionals from academia, gaming, and tech. The team was KYC-verified by RugDoc but remains publicly anonymous, a common practice in DeFi.
Milestones include:
The project has not forked or moved chains. Instead, it has followed a roadmap of phased tokenomics updates, treasury usage, and ongoing experimentation with yield dynamics. While early activity was high, current trading and liquidity have slowed, and the project is now sustained by a core group of Avalanche DeFi users.