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IEO phase launched for FAR token

February 10, 2021

Strong holder offering launched for FAR crypto 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 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.

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. Discover additional information on sell 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.

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. See extra details at FarSwap.

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

Don’t chase cheap coins with dreams of lambos and private jets. Lots of uneducated investors in the crypto space buy low priced cryptocurrencies because they think there is a higher chance of big returns. If presented with one coin priced at $0.01 and another at $75, they blindly purchase the $0.01 coin because they think it’s easier for a coin to go from $0.01 to $0.02, rather than from $75 to $150. This is a common trap. There are lots of factors that affect a coin’s price, including two important ones: the circulating supply and the real world value of the coin.

What are the different types of Cryptocurrency wallets? There are several types of wallets that provide different ways to store and access your digital currency. Wallets can be broken down into three distinct categories – software, hardware, and paper. Software wallets can be a desktop, mobile or online. Desktop: wallets are downloaded and installed on a PC or laptop. They are only accessible from the single computer in which they are downloaded. Desktop wallets offer one of the highest levels of security however if your computer is hacked or gets a virus there is the possibility that you may lose all your funds.

Apps & Software: Day traders need to be constantly tuned in, as reacting just a few seconds late to big news events could make the difference between profit and loss. That’s why many brokers now offer user friendly cryptocurrency mobile apps, ensuring you can stay up to date whether you’re on the train, or making your sixth coffee of the day. The cryptocurrency trading platform you sign up for will be where you spend a considerable amount of time each day, so look for one that suits your trading style and needs. Exchanges like Coinbase offer in-depth platforms, such as their Global Digital Asset Exchange (GDAX). It’s always worth setting up a demo account first to make sure the exchange has the technical tools and resources you need.

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