Users will buy the FAR token and convert it to an LP token to do farming. In this way, the token in circulation will decrease regularly.
Tokens listed on our platform will buy and lock FAR tokens as much as their own. Considering that we will agree with many projects, FAR token circulation will be reduced again. For example; X project will open farming opportunity 10k USD worth of token on our platform. In return, it has to define the 10k USD worth of FAR token to our platform. This will increase the staking rate in the long run.
Periodic buyback and coin burn program will reduce the circulation of the FAR token.
In IFO sales, it will be necessary to have a certain amount of a FAR tokens to participate in or sell. As the token stake and holder ratio will increase continuously on our platform, which appeals to a wide range of users, the token economy will be reduced in a planned manner.
20% of FAR tokens purchased with Lottery will be burned.
What benefits can you take advantage of and what you can earn on Farswap?
1- You can earn FAR tokens by farming with LP tokens you buy on the Farswap platform.
2- You can earn rewards from tokens in the pool by staking your FAR tokens. Each token has a different reward rate.
3- You can buy tickets in the lottery section and earn money from the lottery as a lucky person.
4- You can buy and sell NFTs on our platform and create your own NFT.
5- By gaining priority in IFO sales, you can invest in other projects upfront and gain more profit.
6- You can quickly trade with several tokens in the Exchange section.
7- You can benefit from the surprise awards that our platform will offer to users.