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FAR

FAR

TBA
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18 Jul 2021 .
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FarSwap FarSwap is a Defi, NFT, Yield Farming project running on ETHEREUM, NULS, BSC, HECO, AVAX Blockchains. FarSwap is a decentralized cross-chain cryptocurrency. FarSwap is a decentralized cross-chain cryptocurrency software that runs on ERC20, NRC20, BEP20, HECO Blockchains, allowing a network of users to lend, borrow, buy and sell crypto assets and earn huge rewards. FarSwap is the leading decentralized platform that rewards both lenders and borrowers. Introduction introduction The platform is both community-owned and community-run. Instead of using an order book, FarSwap utilizes automated market-making (AMM). In this model, liquidity providers add funds to the liquidity pool. FarSwap has a unique native currency, FAR, which is issued to the liquidity providers on the FarSwap decentralized exchange. It has two functions. First, it entitles holders to governance rights hence they can participate in decision-making. Second, the coin entitles the holders to a portion of the fees paid to the protocol. In the FarSwap ecosystem, the FAR holders “own” the protocol. Community governance characterizes the decentralized finance (DeFi). The growth of liquidity mining (yield farming) as an acceptable method of token distribution in DeFi has led to many token launches. Yield farming levels the playing ground for everyone involved including those with no premines, or little to no founder allocation. It also ensures equal distribution of tokens based on the number of funds supplied. The tokens distributed through liquidity incentives enable the users to participate in the governance role. Anyone with FAR tokens can Submit FarSwap an improvement proposal, which then the members can vote on with their tokens. The proposals may involve minor or even major changes to the protocol. Unlike the traditional teams such as Uniswap, FarSwap’s development is in the hands of the FAR token holders. Additionally, FAR holders get a portion of the fees that the traders pay into the protocol. FarSwap offers a strong community, which is a powerful asset for any token project, especially a DeFi protocol.
DeFi
6.3
TOTAL SCORE
5.8
ICO PROFILE

(weight: 45%)

1
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Dates: TBA
Token info
Ticker: FCT
Platform: Binance Chain
Token Type: BEP-20
Available for sale: 15,000,000 FCT (30%)
Financial
ICO Price: 0.12 USD
Accepting: ETH, BSC
Social media
Links: Bitcointalk
Twitter
Telegram
Reddit
Github
Medium
Discord
Instagram
Youtube
Q1 2021 17 February
I- FarSwap Exchange structuring started in Ethereum network.<br /> II- FarSwap Staking structuring started in Ethereum network. III- Welcome to the FAR Bar, stake FAR to earn XFAR.<br /> IV- Earn FAR tokens by staking FarSwap V2 SLP Tokens
February 22 - April 20
I- SCO / NULS Program has been activated<br /> II- Binance Smart Chain platform has been activated. III- FAR-BNB Pool has been tested and put into use IV- Farm systems have been completed and put into use<br /> V- Pool systems were completed and put into use.
Q2 2021
Work has begun on the FarSwap Non-FungibleTtoken (NFT) Platform<br /> FarSwap Avalanche - Connected to work on AVAX Chain<br /> https://explorer.avax.network/
Q3 2021
FarSwap Starts its own cross- network migration tests<br /> I- FarSwap Mobile application<br /> II- FarSwap Wallet<br /> III- FarSwap Cross Chain tests<br /> IV- FarSwap on Huobi Chain https://scan.huobichain.com/home/index<br /> Mobile Application stake development starts Farming expansion, FAR listing on more stock exchanges has been providedFarSwap Starts its own cross- network migration tests<br /> I- FarSwap Mobile application<br /> II- FarSwap Wallet<br /> III- FarSwap Cross Chain tests<br /> IV- FarSwap on Huobi Chain https://scan.huobichain.com/home/index<br /> Mobile Application stake development starts Farming expansion, FAR listing on more stock exchanges has been provided
Q4 2021
Start the lending and borrowing platform.
Q1 2022
I- Binance Smart Chain https://bscscan.com/token/0xccf4b473ae81391962 05ca72770c0330d43a0541<br /> II- Ethereum Blockchain https://etherscan.io/token/0xe8b2a3f60697f3c56fc a44a9616b91fc9b99f98f<br /> III- NULS / NERVE<br /> https://nulscan.io/address/info? address=NULSd6HgiVw1U5JLxXvD7gqRaLPLkR2MaV fZQ<br /> IV- Huobi Chain https://scan.huobichain.com/home/index<br /> V- AVAX Chain https://explorer.avax.network/<br /> Completing all platforms and services across networks in full working order
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