By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: FairySwap secures $1.4M worth of assets within five hours of launch
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > PRESS RELEASE > FairySwap secures $1.4M worth of assets within five hours of launch
PRESS RELEASE

FairySwap secures $1.4M worth of assets within five hours of launch

PR.Dept
Posted PR.Dept March 10, 2022 507 Views 3 Min Read
Updated 2022/09/13 at 9:22 PM
FairySwap
SHARE

FairySwap, a next-generation privacy-oriented decentralized exchange (DEX), went live on March 2 but is already attracting attention and capital. Within five hours of staking going live, $1.4-million worth of assets were locked on the platform, and in another five hours, that number grew to more than $2.2 million, or more than 100 million FRA tokens.

FairySwap

What is FairySwap?

FairySwap is the first DEX to launch on the Findora network and is leading the private finance revolution. Designed to focus on privacy protection, it leverages Findora’s zero-knowledge proof technology to shield user data in the mempool, helping prevent front-running and flash-bot attacks. It also gives users increased functionality such as confidential transactions and, in the future, programmable privacy.
Using Findora’s powerful Ethereum Virtual Machine, FairySwap supports cross-chain swaps and efficient trades that have fast finality and low fees. “It’s like PancakeSwap, but private and faster,” said its co-founder in a recent interview.

FairySwap tokenomics

FAIRY tokenholders have governance rights and vote on the future of the DEX. FairySwap features truly unique and democratic tokenomics, with 97% of the tokens distributed to the community through liquidity mining and the remaining 3% distributed to the community through airdrop and marketing incentives.
This means the community will own 100% of the tokens and completely control the future of the DEX. Where other projects save vast amounts of the total token supply for insiders, venture capitals and advisors, FairySwap guarantees this platform is governed by the community and for the community.

FairySwap and the Future

FairySwap has ambitious plans, including its metaverse and pay-to-play games using Fairy nonfungible tokens (NFTs). It hopes to develop programmable privacy that could allow users to choose how much data they reveal or shield. This means users could pass local Know Your Customer requirements without exposing their data to traders.
With fast trades, low fees, cross-chain interoperability and the goal of creating total privacy, FairySwap is leading the future for DEXs.

More About Findora

Findora is a privacy blockchain built with zero-knowledge proofs that aims to establish private finance. Using state-of-the-art technology such as bulletproofs and zero-knowledge proof systems, Findora creates a publicly verifiable ledger that doesn’t expose any individual or transaction data. It is the next step in blockchain technology.
To learn more, visit the website.

Join the community to learn more about FairySwap and stay updated:

  • Telegram
  • Twitter
  • Website
  • GitHub
  • Medium
  • Discord

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article History DAO History DAO to host Kevin Kelly interview with WendyO
Next Article Matrixport More ways to generate passive income with Matrixport’s flexible staking
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users
AI BLOCKCHAIN NEWS News March 20, 2023
Join us
Ad imageAd image

You Might also Like

Canadas Largest Web3 Event
EVENTSPRESS RELEASE

Second Annual ETHToronto and First Ever ETHWomen Hackathon to take place at Blockchain Futurist Conference, 

March 14, 2023
Financli The Future of Financial Projection with AI
PRESS RELEASE

Financli: The Future of Financial Projection with AI

March 11, 2023
Oak USA based Financial Consulting Firm Specializing in Blockchain and Web3 Consulting 1
PRESS RELEASEWEB3

Oak USA-based Financial Consulting Firm Specializing in Blockchain and Web3 Consulting

March 11, 2023
DAO TOKYO conference takes the lead in fostering the growth of DAOs in Asia
EVENTSPRESS RELEASE

DAO TOKYO conference takes the lead in fostering the growth of DAOs in Asia

March 10, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?