SchnitzelSwap’s attractive Earnings (Referrals, Pooling, Farming & Staking)

SchnitzelSwap
3 min readMay 15, 2021

SchnitzelSwap is not only aiming to be a fully interoperable liquidity pool DEX (starting with BSC). It also offers users the most attractive ways to earn. That’s pure DeFi.

This post explains how you can earn from using SchnitzelSwap:

  1. Earn from all referral trading fees
  2. Earn from liquidity provision
  3. Increase your liquidity earnings by using attractive LP token farms
  4. Stake your $STZL to earn on top of all other earnings

1. Referral Codes

SchnitzelSwap has built-in, on-chain referral codes with very attractive referral rewards.

Anybody can create a referral code. The referrer gets a big portion of all the trading fees of his/her trading community.

Example calculation with daily SchnitzelSwap volume of $10m:

If you manage that 1% of SchnitzelSwap’s daily volume is traded via your ref code and SchnitzelSwap would have a daily volume of e.g. $10m in the beginning, you would earn between $1.5k and $2.7k per month. This could be even higher if you stake $STZL.

Example calculation with daily SchnitzelSwap volume of $1b:

If you manage that 1% of SchnitzelSwap’s daily volume is traded via your ref code and SchnitzelSwap would at some point have a daily volume of e.g. $1b, you would earn between $150k and $270k per month.

2. Attractive Liquidity Pool Earnings

Liquidity Pools work similarly than known from Uniswap or other DEXs.

Here’s what you can earn from liquidity provision on

  • Uniswap: 0.3% of trading volume
  • Sushiswap: 0.25% of trading volume
  • PancakeSwap: 0.17% of trading volume.
  • Other DEXs have similar values.

In SchnitzelSwap, Liquidity Providers can decide themselves and vote how much trading fee a pool takes and thus how much they earn. This could be a much higher share than on these other DEXs. If the average value would equal 0.5%, this would be more than on Uniswap, on SushiSwap and almost double the amount on PancakeSwap. On the other hand, if LPs decide to have a low trading fee, fees would be lower, but this would have a positive effect on the trading volume — leading to higher collected total fees again.

With liquidity provision, you get LP tokens (which you can put into a LP farm to earn even more; see below). With every trade somebody does in your liquidity pool, you earn STZL token (which you can stake to further increase your earnings; see below).

3. High APR-Farms

SchnitzelSwap’s rewards for liquidity providers are not only very attractive by itself: The received Liquidity Pool (LP) tokens can be staked in Farms earning additional high APRs/APYs. So you can earn from your liquidity provision twice. If you put the LP tokens in the farm, you get a proportional share of the farm reward pool or a multiple of 1x, respectively. If you decide to lock your LP tokens in the farm, you can increase your share of the farm pool to 5x!

Rewards in Farms are paid our either in $STZL or in the token that the farm creator decided to hand out as liquidity reward. The received $STZL token you can stake to further increase your earnings.

4. Stake your STZL Earnings to earn more

SchnitzelSwap offers a $STZL Staking model that lets Stakers benefit from each trade happening on SchnitzelSwap. A portion of ALL trading fees goes to the staking pool. If you stake, you get a proportional share of the staking pool or a multiple of 1x, respectively. If you decide to lock your STZL, you can increase your share of the staking pool to 5x!

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What is SchnitzelSwap?

The DEX was named after the famous Schnitzel. Striving for technological leadership, SchnitzelSwap will solve all pain points of existing DEX solutions. In 2021, the DEX will launch with a first tiny fee, instant transaction network connected: BSC. This will already eliminate the problem of high (Ethereum) gas fees known from Uniswap, Sushiswap and the likes. Later this year, other networks (Polkadot, Cardano, xDai and others) can be connected. Interoperable Liquidity Pools will be supported.

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SchnitzelSwap

Interoperable Trade & Yield Farm Protocol. Coming soon for BSC, Polkadot & other networks. 100% cross-chain with tiny fees. Launch ’21. $STZL