FAR crypto currency token news and buy 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 additional info on borrow crypto assets by FarSwap.
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.
We know that many of us are existing liquidity providers in the Uniswap pool. Based on this situation, we have designed a token distribution mechanism to make it as easy as possible for existing Uniswap liquidity providers to migrate to our agreement! In order to be able to start providing liquidity and obtain FAR tokens, anyone who holds Uniswap LP tokens can put these LP tokens in the corresponding initial pool list. Once this operation is completed, they will start earning token rewards after the block height of 287349823 . The list of LP tokens can be added by way of governance voting on the chain. Therefore, this will be a decision made by each of us . In each block, 10 tokens will be created . These tokens will be evenly distribute to the miners in each fund pool. Discover more information on https://farswap.com/.
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
General info about crypto currencies and disclaimers
Consider Diversifying. With the above advice in mind, there is nothing worse than getting frustrated with BTC, moving to ETH / alts and missing a BTC price spike, then moving back into BTC and missing the ETH spike. This is very easy to do given the rotation, and the natural urge to “FOMO buy.” If you have some of your funds in all the coins you trade, you’ll avoid missing out on a unicorn (a term one can use to describe an odd event, like a giant price spike in a short amount of time). If you diversify, especially when prices are low across the board, you’ll avoid some of the urge to jump into one coin mid or late into a run and out of a coin just before it goes on its run. In other words, although it isn’t the most profitable tactic, diversifying is good for one’s sanity in a number of important ways.
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!
Final Word On Brokers: This isn’t a decision to take lightly. Do the maths, read reviews and trial the exchange and software first. Coinbase is widely regarded as one of the most trusted exchanges, but trading cryptocurrency on Bittrex is also a sensible choice. CEX.IO, Coinmama, Kraken and Bitstamp are other popular options. Cryptocurrency Trading For Beginners : Before you choose a broker and trial different platforms, there are a few straightforward things to get your head around first. Understanding and accepting these three things will give you the best chance of succeeding when you step into the crypto trading arena. Find out what’s growing – Bitcoin, Ethereum and Litecoin top the list for tradability and ease of use. However, there are also Zcash, Das, Ripple, Monero and several more to keep an eye on. Do your homework and find out what’s on the up and focus your attention there.