Strong holder offering launched for FAR token
Strong holder offering launched for FAR token. 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 is the first decentralized platform to give rewards to lenders and borrowers on the platform.
FarSwap has created its own system as a great alternative profit earning platform for cryptocurrency holders. And it invites each and every investor to take a part in FarSwap project. In the two years since its launch, Uniswap has solidified its position as one of DeFi’s leading platforms . However, protocol designs became a standard in their own right and many project mechanics began to proceed. On top of that, we designed Farswap: By taking the elegant core design of Uniswap, we added community-oriented features that we believe will help to improve the design of the protocol and provide more benefits to the relevant actors. Find extra details on FAR token.
Round 1: FARSWAP SHO Offer
Allocation: 125,000 USD for 250 Participants , Timeline: Start date of applying: 24/02/2021 10:00 UTC ; Whitelist Termination: 26/02/2021 10:00 UTC ; Announcement of Winners: 26/09/2021 13:00 UTC; Deadline for Deposit: 01/03/2020 19:00 UTC.
How do I participate:
Step 1: Go to FarSwap Platform: farswap.com and click the Whitelist tab.
Step 2: Fill out the whitelist form, make sure you have typed your ethereum address correctly on your whitelist form.
Step 3: Wait for the whitelist timeline to finish and the check the announcement of the winners list of applicants to the whitelist. Winners will be notified via email, so please log in to the platform after the winners are announced and also don’t forget to check your spam folder in your mailbox.
Step 4: Follow the instructions and send the correct amount of money in the correct currency to the given address. Users who send too many or the wrong currency will be removed from the sale and their assets will be refunded only after the sale will end.
Round 2 of the Strong Holder Offering:
The second round of the Farswap SHO program. To be eligible for a SHO lottery ticket, users must input all of the above required informations to the WhiteList . Those users who will be participating in SHO Round 1, can participate in SHO Round 2 again.
Factors that will increase the chances of winning for SHO include:
– Keeping tokens longer.
– If the wallet adress which was added to the White List has a FAR tokens which were already purchased from IEO.
– Holding more tokens.
Overview: Allocation: 75.000 USD for 150 Participants
Timeline:
– Start: 02/03/2021 10:00 UTC
– SHO WhiteList application deadline: 05/03/2021 13:00 UTC
– Announcement of Winners: 05/03/2021 15:00 UTC
– Deadline for Deposit : 07/03/2021 18:00 UTC
How do I participate:
Step 1: Go to FarSwap Platform at https://strongsale.farswap.com/ and click on the SHO tab.
Step 2: Link your wallet address with strong sale .
Step 3: Wait for the end of the SHO timeline and the SHO winner announcement. Winners will be notified via email, so please log into the platform after the winners are announced and also check out your mailbox spam folder.
Step 4: Send the correct amount of money to the address provided in the correct currency after you win. Users who send too many or the wrong currency will be removed from the sale and are refunded only after the sale is complete.
Tokens Sold in both rounds will be priced at 0.000308 ethereum. 25% of the tokens will be distributed to the participants during the listing. To encourage the Farswap Protocol and create a healthy start, Round 1 and Round 2 participants are required to use the Farswap Protocol at least once using their whitelisted wallet in the Ethereum mainnet. Other distributions will be distributed after 1 month.
In FarSwap, liquidity is provided to the fund pool, and FAR tokens can also be rewarded. However, unlike Uniswap, even if you decide to no longer provide liquidity, the FAR tokens you get will also entitle you to continue to receive a portion of the fees in the FAR agreement. As an early miner involved in providing liquidity, you will become an important stakeholder in the agreement. Income you receive from your investment in the mining in the LP ( provides flow mobility) the number of tokens proportional to the total number of coins on behalf of the LP. Unless you continue to increase the provision of liquidity, your holdings and corresponding reward income will gradually be diluted as the capital pool grows. Find extra info on here.
Key Links
Chainx Exchange Membership: https://chainx.kr/chainvest-detail/2740
SHO page : https://strongsale.farswap.com
Whitelist Form : https://docs.google.com/forms/d/e/1FAIpQLSflhqFFKKVeYLq-wQMBQ3ZzJMaFdZmlrAuKf-4XkCs-Jlm7sg/viewform
Round 2 Presale Form : https://docs.google.com/forms/d/e/1FAIpQLSfYjaCWb37TxLzIFRjRPwn30xgXY6VGq7m1bKQoG2fBIeY7cQ/viewform
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