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[ANN] [DEFI] [SHO] [IEO] [Korea] What is FarSwap?

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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 is an automated market maker (AMM) decentralized exchange (Dex) given by community vote. Users get 50% of the generated.

FarSwap Farming
Earn a minimum 55% APY
unstake anytime you wish.
FarSwap Lending and borrowing
Lend and Borrow without KYC Get rewarded with Far token whenever you lend or borrow on FarSwap platform.
FarSwap is a protocol that reward participants extensively for their activities in an algorithm autonomous ecosystem without KYC.
FarSwap distribute 50% trading fee to Stakers and liquidity providers on FarSwap platform.
FarSwap lending and borrowing
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.

Incentives for liquidity providers
Uniswap makews it possible for liquidity providers only earn transaction fees from the fund pool when they actively provide liquidity. Once they withdraw funds from the pool, they will no longer receive that passive income. In addition, as agreements become more and more popular, even though they are early liquidity providers, they still face being joined by large funds, exchanges, mining pools, and other (larger and richer) stakeholders to join the agreement, which will The risk of earnings dilution.
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.

Incentives for Lenders and Borrowers
Far lending and borrowing platform  is developed and programmed for users to receive FAR token for reward anytime they lend or borrow cryptocurrency on the platform. users earn 2 %additional bonus when they choose to pay back loan with FAR token. users can stake the rewards they earn on FarSwap to earn more FAR token or exchange the FAR token to usdt.  users is requird to lock certain amount of FAR token befor they can borrow funds on the platform. No KYC is needed for this operation. Lend and borrow with little or no fee in return. users can also borrow or lend any crytocurrencies of their choice.

Token distribution

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.

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!

Reward distribution
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.

1.Coin name: FarSwap (FAR)

2. The means used for purchase in Chainvest: Ethereum (ETH)


3. Price ratio: Calculated based on the coin market cap ETH dollar market price during the sales period

4. Token Sale Format: You can apply for 1ETH per FAR_t (FarSwap Ticket) within Chainvest.


Example) In case of applying for 5 FAR_t (FarSwap Ticket)-it is considered as 5ETH application


*Note: If the number of ETH in the account at the time of application is less than or without the number of applications, the application will not be accepted. Also, once you apply, it is impossible to change it, so please be aware of this and apply.

5. Sales period: 2021-02-17 14:00 (KST) ~ 2021-03-05 13:00 (KST)

*Hard cap: 4,010 ETH

*Token Price: 0.000308 ETH for 1 Far token

IEO- Korea

https://chainx.kr/chainvest-detail/2740



*1st Round 2021.17.02 ~ 2021.21.02

30% bonus is valid for purchases of 30 ETH,

15% bonus valid for purchases of 20 ETH and above,

10% valid for purchases of 10 ETH to 19 ETH,

5% bonus valid for purchases of 5 ETH to 9 ETH it will last 5 days

2nd Round 2021.22.02 ~ 2021.26.02

20% bonus is valid for purchases of 30 ETH and above,

10% valid for purchases of 10 ETH and above.

2% valid for purchases of 2 ETH and above it will last 5 days

2021.27.02 ~ 2021.05.03

3rd for purchases of 1 ETH and above, it will last 7 days.

(No Bonus)



Token tracker

https://etherscan.io/token/0xe8b2a3f60697f3c56fca44a9616b91fc9b99f98f

Official site: https://farswap.com/
Email: info@farswap.io
Farm WebPage: https://farswap.io
Twitter: https://twitter.com/Farswap_defi
Telegram group: https://t.me/FarSwap_Global
Github: https://github.com/FarSwap-repo
Medium: https://farswap-com.medium.com/
Instagram: https://instagram.com/farswapofficial
Discord: https://discord.gg/CKzhQWQrWW
Reddit: https://www.reddit.com/user/farswap_defi
Cryptotalk: https://cryptotalk.org/topic/346345-ann-defi-lend-borrow-with-out-kyc-and-get-rewarded-with-far-token/
Bitcointalk: https://bitcointalk.org/index.php?topic=5314080.0



• Exchanges and foundations reserve the right to request personal information from event winners for utility and tax purposes. If the winner is not willing or unable to provide personal information, the prize will be cancelled.

• ChainX Exchange reserves the right to change the rules and distribution schedule of the event.

• The event may be canceled or changed without notice due to changes in the circumstances of the ChainX Exchange and the Foundation.

Note: Please complete KYC verification. Those who have not completed the KYC process will not be able to receive the token exchange even if the ticket purchase is successful. Please be sure to keep this in mind.

Please note that refunds may be made at a later date upon consultation with the foundation. Refunds are processed in ETH. It is notified that investors are responsible for gains and losses due to fluctuations in the ETH market price occurring within the period.

The contents of this notice are notified that the period and contents may be changed or discontinued depending on the circumstances of the exchange.

* Purchases are not supported in the following countries/regions.

USA, Canada, New Zealand, Thailand, Bahamas, Japan, China, Bahamas, Botswana, Cuba, North Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan, Iran, Iraq, Libya, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Central African Republic, Ivory Coast, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Macedonia, Trinidad and Tobago, Tunisia, Uganda, Ukraine and Venezuela

* Disclaimer


Risk warning: Chainvest is a high-risk investment channel. Investors must be at a reasonable level of participation and must be aware of the investment risks. ChainX Exchange is not responsible for the user's investment gains or losses. The information we provide is not investment advice. ChainX reserves the right to final interpretation of the provisions.



Protocol usage
At the protocol and smart contract level, SushiSwap and FarSwap share the same interface. This means that if your protocol is currently compatible with Sushiswap, integration with FarSwap should be relatively simple. We will start integrating FarSwap with various DeFi and other ecosystem tools.

Security audit
Safety is very important to us. We have done unit testing as much as possible and tested everything that can be done on the testnet.
The contract you are about to review will contain all the content in the FarSwap smart contract repository, which is available from https://github.com/FarSwap    FarSwap-repo • GitHub and is currently available for review.
At the same time, MasterChef’s “agricultural” contract is unaudited, but for most Solidity developers, it is simple. Before you use LP tokens, please read the contract carefully! Everything is in the beta, please do so at your own risk.

Edited by FarSwap

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FarSwap Strong Holder Offering (SHO)

 

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.


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.

Overview:

The FarSwap Community Offer will be made for active FarSwap participants, alpha / beta testers and Strong Holder Offer at the price of 0.000308 ETH /per FAR.
The SHO Campaign was made to form a Farswap HOLDERS group, to create a Core Loyal team and to let these lucky winners to tell everybody the success story they will talk about in the future by investing in FAR.

Participants in the Round 1 and Round 2, will receive an extra 25% bonus on the amount of the tokens they purchase. These tokens, which they will receive, will be sent to the ETH addresses specified( which will be written by the holder , while applying to the program) in the Whitelist on March 5, after which there is a condition of checking that they use the Farswap Pool from the same wallet. Participants are expected to use the Farswap Pool, regardless of the amount. After that every 2 month 25% of Tokens will be distributed to our users after the control which will be made at the end of each 2 months period. And for those users who will HOLD the tokens for 4 month we will give an extra 25% bonus.


The maximum period of Holding offer is 4 months.

As users will complete the 4 months period of holding tokens , the offer will end and they will receive all of the tokens to their ETH wallet which has been given in the whitelist.


Farswap Strong Holder offers will be only  for the permanent community members of FarSwap. This campaign will be given to people who are actively helping to develop our ecosystem and Farswap protocol, as well as active participants in Ambassador teams at FarSwap Social Media and competitions.  So be sure to  write down  the wallet adress you are always using,  to the whitelist.   Read more to learn about the whitelisting process.

Whitelist

https://docs.google.com/forms/d/e/1FAIpQLSflhqFFKKVeYLq-wQMBQ3ZzJMaFdZmlrAuKf-4XkCs-Jlm7sg/viewform



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.

Conditions

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.


DEEP NOTE: PURCHASES ARE LIMITED TO  500$ PER USER!!! (SHO)

Official Links:

Farswap SHO Community:


Official site: https://farswap.com/

Email: info@farswap.io

Farm WebPage: https://farswap.io

Twitter: https://twitter.com/Farswap_defi

Telegram group: https://t.me/FarSwap_Global

Github: https://github.com/FarSwap-repo

Medium: https://farswap-com.medium.com/

Instagram: https://instagram.com/farswapofficial

Discord: https://discord.gg/UFWJQQGW

Reddit: https://www.reddit.com/user/farswap_defi

Cryptotalk: https://cryptotalk.org/topic/346345-ann-defi-lend-borrow-with-out-kyc-and-get-rewarded-with-far-token/

Bitcointalk: https://bitcointalk.org/index.php?topic=5314080.0

 

Youtube: https://www.youtube.com/channel/UCYbqW_SzQikjKFKZo3qDSqA

 

Facebook: https://www.facebook.com/groups/494288034899181

 

Linkedin: https://www.linkedin.com/groups/12503610

 

Edited by FarSwap

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Dear Farswap Community

2nd Round 2021.02.03 ~ 2021.09.03
20% bonus is valid for purchases of 100.000 FAR and above,
10% valid for purchases of 30.000 FAR and above.
2% valid for purchases of 6500 FAR and above

Invite your friends and family and get coins %5 for every purchaser. Referral link can be used pre-sales and during token contribution in SCO. Imagine giving your unique referral link to your crypto friend and he or she contributes coins using your link, and the bonus will be automatically sent to your account. The strategy is simple: the more links you send to colleagues, family and friends, the more coins you can earn!

How to buy FarSwap?

1- Chainx Exchange Membership: https://chainx.kr/chainvest-detail/2740

After completing the WHITELIST form You need to create an account on our SHO page.

2- https://strongsale.farswap.com

Increase your chance to become a SHO winner after purchasing at least 500$ worth of Far tokens. 75% bonuses are waiting for you!
The time is limited!

https://docs.google.com/forms/d/e/1FAIpQLSflhqFFKKVeYLq-wQMBQ3ZzJMaFdZmlrAuKf-4XkCs-Jlm7sg/viewform

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

More About the Project

Official site: https://farswap.com/
Email: info@farswap.io
Farm WebPage: https://farswap.io

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    • Да это уж многих удивило, сам тоже увы не в теме, хотя крос у меня стоил 10$, если был бы 100$, то точно зашёл бы в тему с ремонтом, а там уже каждый день за 20 дайсов мог бы получать по 0.5$ за 20 секунд.  Кстати у вас всё ещё видны ваши кеды ? Их можно ремонтировать 🤔
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    • Если так будет, то шансов на успех скорее всего будет не многовато, когда рынок может пойти на дно и даже Лаунчпад на Бинансе особо то не сможет помочь проекту. Хотя будет надеяться на то что всё пройдёт хорошо и после халвинга не будет сильный спад рынка.
    • Из-за чего про них будут помнить ещё несколько сотен тысяч пользователей, которых они не хило кинули. А всё могло быть иначе, если разработчики распределились с дропом получше как и вообще самим листингом токена.
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