The privacy public chain Findora's first DEX "FairySwap" cold start, how can ordinary users participate? (with tutorial)

The privacy-centric public chain Findora successfully launched its first DEX — FairySwap after completing the mainnet’s full EVM compatibility, and announced that it will start a twelve-day DEX at 0:00 UTC on March 4 (8:00 a.m. Beijing time). FairySwap cold start. This article will take you through Fairyswap and what airdrop benefits our users can get by participating now.

privacy

FairySwap is the first DEX built on Findora, a new type of blockchain that provides on-chain confidentiality and programmable privacy. Using Findora's EVM, FairySwap provides users with extremely fast cross-chain exchanges with L1 chains such as Ethereum and Binance Smart Chain, while minimizing gas costs and maximizing efficiency, allowing ordinary players to have zero risk, high returns, and low thresholds participation in the Findora ecosystem.

FAIRY is the governance token of Fairyswap. Holders can participate in various functions of decentralized transactions, such as transaction fee discounts, platform airdrops, etc., and can also participate in the governance of the protocol. The majority of FAIRY will be distributed through community incentives and liquidity mining, aiming to achieve a balance between high market utilization and wide distribution of governance participants.

FAIRY will first be used to reward liquidity providers to lock LP tokens in the farm through liquidity mining to optimize the stability and consistency of locking liquidity on FairySwap. Early liquidity miners or supporters will receive extremely generous reward distribution. And FAIRY can also be used as the main chip for some IDOs to play new activities in the future.

FAIRY holders can also participate in voting on Fairy improvement proposals (such as adjusting mining pool parameters and multipliers for liquidity mining, adding or subtracting trading pools, integrating new ecosystems, tax policies, etc.) to jointly decide the maximum value of the protocol. best solution. A total of 10,000,000 FAIRY was minted, and the majority (97%) of FAIRY was dedicated to the community treasury and distributed through liquidity mining. 3% of the FAIRY tokens, or 300,000 FAIRY tokens, are dedicated to the Fairy cold start phase; 240,000 of them will be allocated to FRA staking rewards, and the remaining 60,000 FairySwap will be used as an airdrop to invite more on-chain users to experience FairySwap.

FAIRY tokens will not be allocated to teams, investors, advisors or insiders of any kind. FairySwap is completely community-driven and fair-launched, which means that FAIRY will fully represent the interests of the community.

The cold start phase of FairySwap lasts for 12 days. From March 3rd to March 14th UTC, all users with Findora token FRA can get Fairy rewards by staking FRA, and staking users who participate in the cold start are also expected to receive the Findora ecosystem later. Genesis Fairy NFT in . The airdrop requirements and receiving instructions are attached below.