FAR 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 is an automated market maker (AMM) decentralized exchange (Dex) given by community vote. Users get 50% of the generated.
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. Find additional info on buy crypto assets by FarSwap.
FarSwap (FAR) Pre-Sale Started on June 15, 2021! Except for our first registered purchase, the FAR Token will never be exchanged. The responsibility does not belong to the team, but the responsibility for the unchanged FAR tokens lies with the investor. Please check smart contract addresses before investing.
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! 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. See additional info on https://farswap.finance/.
Key Links
Pre-sale start date: 15.06.2021 https://docs.google.com/forms/d/e/1FAIpQLSc0CCwADafvaKo5IcOVP_eBT73-1iPyoQc_MKgxIc-mPUcURA/viewform
Price – $0.12
Audit Result:
https://docs.farswap.finance/farswap-audit-reports/audit-report
Inspection Number: BAR004017062021
Audit Date: 17 June 2021
Audit Team: Block Audit Report Team
Binance Smart Chain Platform
https://fi.farswap.finance
NULS/NERVE SCO Platform
https://wallet.nuls.io/pocm/Projects/ProjectsInfo?releaseId=114
Contact us
Twitter: https://twitter.com/Farswap_defi
Telegram: https://t.me/FarSwap_Global
Telegram announcement: https://t.me/Farswap_announcements
Medium: https://blog.farswap.finance/
General info about crypto currencies and disclaimers
If you’re beginning, you’re likely eager to trade. I get it, really. But don’t rush it. Take a little bit of time to develop a basic cryptocurrency trading strategy and to educate yourself. Do you know the basics of blockchain technology and Bitcoin? Do you know what circulating vs total supply means? Do you understand what inflation is? Do you know about exchanges, wallets, private keys, and public keys? If you can’t answer these basic questions, you’ll be in trouble quick enough. Take some time to prepare yourself, it’s essential.
Hardware: wallets differ from software wallets in that they store a user’s private keys on a hardware device like a USB. Although hardware wallets make transactions online, they are stored offline which delivers increased security. Hardware wallets can be compatible with several web interfaces and can support different currencies; it just depends on which one you decide to use. What’s more, making a transaction is easy. Users simply plug in their device to any internet-enabled computer or device, enter a pin, send currency and confirm. Hardware wallets make it possible to easily transact while also keeping your money offline and away from danger.
The digital market is relatively new, so countries and governments are scrambling to bring in cryptocurrency taxes and rules to regulate these new currencies. If you’re not aware of these before you start trading, you may find yourself in a spot of expensive bother further down the line. Many governments are unsure of what to class cryptocurrencies as, currency or property. The U.S in 2014 introduced cryptocurrency trading rules that mean digital currencies will fall under the umbrella of property. Traders will then be classed as investors and will have to conform to complex reporting requirements. Details of which can be found by heading to the IRS notice 2014-21. On top of the possibility of complicated reporting procedures, new regulations can also impact your tax obligations. The U.S, the ‘property’ ruling means your earnings will now be deemed as capital gains tax (15%), instead of normal income tax (up to 25%). Each countries cryptocurrency tax requirements are different, and many will change as they adapt to the evolving market. Before you start trading, do your homework and find out what type of tax you’ll pay and how much.