Findora's first DEX attack: official debut of FAIRY SWAP
Fairyswap is about to start to calm down. Fairyswap, the first Dex created by Findora, a leader in confidential media, has caught the likes of many Findora groups in the community, this article discusses new and current benefits of the Fairyswap project that users can join.
FAIRY is Fairyswap's Certificate of Governance. Operators can participate in a wide range of decentralized operations, such as discounted fares, platform airdrops, etc., and can participate in contract management. For example, most FAIRY tokens pass the community boost and have allocated mineral resources to achieve a balance between high operating costs and a wide distribution of management participants. Insurers can participate in voting for Fairy's improvement strategies (e.g. correcting mining failures and potential mining multipliers, increasing or decreasing the lake market, integrating new ecosystems, tax laws, etc.) to determine the optimal tuning.
FAIRY tokens can also be used to reward vendors who close LP tokens on the farm by allowing mining capabilities to improve the stability and consistency of electronics in FairySwap. The first users or sponsors will benefit greatly. And FAIRY can also be a talking point for some IDOs to get new jobs in the future. As the first DEX in the Findora ecosystem, Fairyswap has been appreciated by many and many have joined in its work.
FAIRY tokens are not distributed to groups, merchants, consultants or internal staff. FairySwap is an entire community driven by equitable development. This means that Fairy will represent all the rights and interests of the communities. A total of 10,000,000 FAIRY tokens were generated during mining development, 100% of which will be distributed to communities based on the distribution office. Most (97%) of the FAIRY tokens will be used for community safes and distributed by mining operations. The remaining 3% of FAIRY tokens will be used for other community gifts such as airdrops.
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No one can deny that the impact of DEX will end the entire business.
Before DEX became known to the public, competition in the stock market was a key medium of exchange. From goods to services, treasures to trafficking, from community meetings to media coverage and civil war, to competition, the weight of the market is unthinkable.
To provide continuous information on the competition, the management of large enterprises of money, resources, consumers and market voice, and the advantages of the concept, these leaders have become evident, the intermediate and advanced exchanges becoming more and more narrow. In the short term, it can also be said that it is difficult to observe big changes in the structure of the trading tracks.
There is no doubt that DEX is the strongest competitor in today's stock market. DEX is growing, but the size and size of the market for these lines is still unknown. According to data from Dune Analytics, Uniswap currently has nearly 60% market share in the Ethereum DEX space, but Ethereum's high operating costs are blocking many ridiculous small investors called "noble chains." You will find many DEX sprout products like mushrooms because the market is endless and the models always appeal to the smartest people.
Recently, Fairyswap crashed into a major retailer. Any user with the Findora code can start participating in FairySwap's virtual visualization feature, and shared users may also wish to receive Genesis Fairy NFT in the Findora ecosystem.
During cold start, FRA assets from the first UXTO chain can be converted to EVM chains, most of the existing Findora ecosystem tokens can also be redeemed on FairySwap, and users can earn a Findora EVM grant based on FairySwap. Marlet. During cold start, users only need to upgrade their FRA assets to the EVM chain, which is seen as a complete, cost effective and profitable product. FairySwap will also create the first community and first users of Findora's DeFi ecosystem, which is expected to reach TVL 50-100 million in January and February 2022.
FairySwap itself has a lower price, the DEX exchange rate is 0.3%, 0.15% at the stock market, and the remaining 0.15% is used to buy and destroy Fairy. The damage only reduced the number of fairies. Increase value .. The risk of investing visibility risk will not be significant. At that time, it was impossible for the platform to control the value of the currency because Fairy would have grown in the market. And the platform will use 100% of the trade value to buy back the platform's currency from the market, which is the most deflationary outcome for Fairy. Have enough money to redeem the fairies and destroy them for a price.
At the start of the cold season, the police released a total of 300,000 Fairy, 240,000 mined in advance, contracted FRA and acquired Fairy.
60,000 is used for work. At the time of cold start, the total APY for the FAIRY wake-up is always high (before the FRA FAIRY wake-up). After the cold season begins, FairySwap will open more mining resources and more. When you sign up for the first time, the more encouragement you can get.
In addition to Fairy gifts, users can earn Fairy NFT, Fairy NFT like monkeys and cyptopunks, and then a wonderful RPG game available online. Gamefi allows users to purchase avatars using Fairy and FRA.
The Fairy NFT Series is the first NFT Series developed by Fairy Swap, and it is also considered community financial aid. The series is sponsored by Findora and incorporates proprietary technology from the Findora public channel to provide more secure protection of data and privacy, and create an appropriate self-identification certificate and identity for all uses. , especially in the meta-universes industry, provides the basis for standardization and compliance.
Ethereum is very strong, but the ecosystem that Findora has developed is getting better and better. As the king of public chains, Ethereum has the best performing DeFi ecosystem and strongest network interference, congestion inevitably leads to incessant traffic, which is also the time for other public test chains and new DEX. For DEX what needs to be achieved are more efficient products and more traffic. Multi-chain and cross-chain are must-have options. FairySw clearly recognizes this improvement and will continue to do so.
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