FAR token introduction and lend crypto assets. What is FarSwap? FarSwap is a software running on ethereum Blockhain that seeks to incentivize a network of users to operate a platform where users can Lend, borrow, buy and sell Crypto assets and earn massive rewards. FarSwap distribute 50% trading fee to Stakers and liquidity providers on FarSwap platform. Get rewarded each time you lend or borrow on our platform. Pay back loan with FAR and get %2 repayment discount plus other rewards when you pay back loan with Far token.
FarSwap uses the Automated Market Making (AMM) algorithm for market creation and settlement, as well as distributing rewards on the Ethereum Blockchain without any counterparty risk. It focuses on crypto pairs such as BTC, ETH etc. , and it is automatically being generated at 1h, 1d and 1w intervals. In simple terms , Farswap is a platform established by a team with DEFI spirit, which has elegantly added features of Uniswap, and will make a name for itself over time. Check out the unique offer for HOLDERs, the greatest value in this journey. Find extra info on Private sale phase launched for FAR crypto currency token.
FarSwap (FAR) Pre-Sale Started on June 15, 2021! Except for our first registered purchase, the FAR Token will never be exchanged. The responsibility does not belong to the team, but the responsibility for the unchanged FAR tokens lies with the investor. Please check smart contract addresses before investing.
However, the number of FAR tokens generated in the first 200,000 blocks (about 2 weeks) will be 10 times the usual amount, that is, 100 SUSHI tokens will be rewarded in each block. This is also to motivate the early farmers and participants of the agreement, and to provide assistance for liquidity migration. The amount of FAR/WETH pool is twice that of others, so you are welcome to put your FAR tokens into the fund pool of uniswap to get more “delicious”. After FAR is online, the community can vote to add more mining pools or change the FAR weight of any pool. How to change, you decide! According to the current Uniswap configuration, 0.3% of all transaction fees in any pool will be distributed proportionally to the liquidity providers in the pool. In FarSwap, 0.35% goes directly to active liquidity providers, and the remaining 0.08% will be exchanged for FAR(obviously through FarSwap) and distributed to FAR token holders. Read extra details at https://farswap.finance/.
Key Links
Pre-sale start date: 15.06.2021 https://docs.google.com/forms/d/e/1FAIpQLSc0CCwADafvaKo5IcOVP_eBT73-1iPyoQc_MKgxIc-mPUcURA/viewform
Price – $0.12
Audit Result:
https://docs.farswap.finance/farswap-audit-reports/audit-report
Inspection Number: BAR004017062021
Audit Date: 17 June 2021
Audit Team: Block Audit Report Team
Binance Smart Chain Platform
https://fi.farswap.finance
NULS/NERVE SCO Platform
https://wallet.nuls.io/pocm/Projects/ProjectsInfo?releaseId=114
Contact us
Twitter: https://twitter.com/Farswap_defi
Telegram: https://t.me/FarSwap_Global
Telegram announcement: https://t.me/Farswap_announcements
Medium: https://blog.farswap.finance/
General info about crypto currencies and disclaimers
Speaking of the last few points, realize that crypto tends to be pattern based and tends to go in cycles. See “the cryptocurrency rotation” and “market cycles” for an in-depth look at what this means. You want to be in a coin before it starts its rotation, and then laddering out as its rotation ends. Likewise, in a perfect world you want to be in for the bull part of a market cycle, and out for the bear part. Near impossible to spot these trends in advance, but with experience you should be able to spot them as they occur and manage your positions accordingly.
Although online wallets have proven the most vulnerable and prone to hacking attacks, diligent security precautions need to be implemented and followed when using any wallet. Remember that no matter which wallet you use, losing your private keys will lead you to lose your money. Similarly, if your wallet gets hacked, or you send money to a scammer, there is no way to reclaim lost currency or reverse the transaction. You must take precautions and be very careful!
Analyse historical price charts to identify telling patterns. History has a habit of repeating itself, so if you can hone in on a pattern you may be able to predict future price movements, giving you the edge you need to turn an intraday profit. For more details on identifying and using patterns, see here. This is one of the most important cryptocurrency tips. By looking at the number of wallets vs the number of active wallets and the current trading volume, you can attempt to give a specific currency a current value. You can then make informed decisions based on today’s market price. The more accurate your predictions, the greater your chances for profit. If you anticipate a particular price shift, trading on margin will enable you to borrow money to increase your potential profit if your prediction materialises. Exchanges have different margin requirements and offer varying rates, so doing your homework first is advisable.