Introduction to SwiftCash (SWIFT)
SwiftCash (SWIFT) is an open-source, decentralized cryptocurrency designed to function as a digital store of value and a peer-to-peer transactional currency. Built on a self-funded governance model, it offers unique features like cheat-proof lotteries and HODL/Term deposits—all without requiring custodians or third-party intermediaries.
Key Features of SwiftCash:
- Proof-of-Stake (PoS) Consensus: Energy-efficient mining accessible to everyday users.
- Decentralized Governance: 10% of inflation funds community-approved proposals.
- HODL/Term Deposits: 80% of inflation rewards users who lock coins for 1–12 months.
- Masternode Support: Enhances network security and scalability.
- Cheat-Proof Lotteries: Fully transparent, blockchain-based games.
👉 Discover how SwiftCash compares to top DeFi projects
SwiftCash Market Data and Performance
Current SWIFT Price and Trends
- Live Price (SGD): S$0.000922
- 24h Change: ↘ 0.11%
- All-Time High: S$0.0013 (Feb 16, 2025)
| Timeframe | Price (SGD) | Change |
|---|---|---|
| 1 Week | S$0.000937 | ↘ 0.99% |
| 1 Month | S$0.000969 | ↘ 3.83% |
| 1 Year | S$0.000595 | ↗ 64.84% |
Supply and Valuation
- Circulating Supply: 283,645,241 SWIFT
- Max Supply: 5,000,000,000 SWIFT
- Market Cap: S$262.04K
- Fully Diluted Valuation: S$4.62M
How SwiftCash Works
Proof-of-Stake Algorithm
Unlike energy-intensive Proof-of-Work systems, SwiftCash’s PoS allows users to mine rewards using standard computers. Masternodes and stakeholders secure the network while earning inflation-based incentives.
Governance and Proposals
Stakeholders vote on proposals (e.g., protocol upgrades). Approved ideas receive up to 10% of inflation funds, fostering community-driven development.
HODL/Term Deposits
Users locking SWIFT for 1–12 months earn up to 80% of block rewards, mimicking traditional term deposits but with blockchain transparency.
👉 Learn about staking rewards in crypto
Frequently Asked Questions (FAQ)
1. What is SwiftCash used for?
SwiftCash serves as a digital currency for daily transactions, offers decentralized lotteries, and provides passive income through HODL deposits.