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CALIFORNIA CITY, Calif. - ncarol.com -- FairySwap, a new type of decentralized exchange with front-running resistance and programmable privacy, is debuting its mainnet product. To celebrate, they are launching a massive giveaway of 300,000 $FAIRY tokens, 3% of the total supply, in a "Pixie Drop" event. The giveaway will run for 12 days, starting at 12:00 pm PST (8:00 pm UTC) on January 8th and ending January 20th.
FairySwap is the first decentralized exchange (DEX) on the Findora blockchain, a new type of blockchain that makes on-chain data publicly verifiable without revealing any of that data.
Using Findora and its powerful Ethereum Virtual Machine (EVM), FairySwap is a privacy-centric DEX that provides fast cross-chain swaps with low gas fees. By keeping user data private, FairySwap will help prevent common hacks and exploits like Miner Extractable Data (MEV) and front-running.
"FairySwap is pioneering the capabilities of a privacy chain like Findora," said a member of the team helping to build FairySwap. "By building on Findora we are giving control and ownership of your data back to you - which was the original vision of many early adopters of Bitcoin and Ethereum. We are focused on individual control and want to ensure the protocol is community-controlled. Over 97% of tokens will be distributed to the community via mining rewards, and there is no unfair allocation to early investors, advisers, insiders, or the team."
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Distribution of Giveaway Tokens
The Pixie Airdrop is primarily designed to reward early miners as well as supporters on social media. Of the 300,000 $FAIRY that will be distributed, 20,000 $FAIRY a day will be distributed to those who have staked FRA tokens (the gas token for the Findora blockchain).
The rest of the 60,000 $FAIRY will be airdropped at the end of the 12 day period amongst the FairySwap community via this contest.
About Fairy Swap:
FairySwap is the first automated market maker (AMM) decentralized exchange (DEX) on the Findora blockchain. It uses Findora's powerful EVM to offer lightning-fast cross-chain trades even on Layer 1 chains like Ethereum and Binance Smart Chain, while still minimizing gas fees. By giving users programmable privacy, FairySwap allows compliance with local KYC requirements without revealing any data on-chain, protecting them from hackers and front-runners.
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Learn more at http://fairyswap.finance/ or join their community at https://t.me/FAIRYSWAP
About Findora:
About Findora
Findora is a public blockchain with programmable privacy. Originally conceptualized as a university cryptography research project in 2017, and finally launched to the public in 2021, Findora utilizes the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability.
Learn more https://findora.org/
FairySwap is the first decentralized exchange (DEX) on the Findora blockchain, a new type of blockchain that makes on-chain data publicly verifiable without revealing any of that data.
Using Findora and its powerful Ethereum Virtual Machine (EVM), FairySwap is a privacy-centric DEX that provides fast cross-chain swaps with low gas fees. By keeping user data private, FairySwap will help prevent common hacks and exploits like Miner Extractable Data (MEV) and front-running.
"FairySwap is pioneering the capabilities of a privacy chain like Findora," said a member of the team helping to build FairySwap. "By building on Findora we are giving control and ownership of your data back to you - which was the original vision of many early adopters of Bitcoin and Ethereum. We are focused on individual control and want to ensure the protocol is community-controlled. Over 97% of tokens will be distributed to the community via mining rewards, and there is no unfair allocation to early investors, advisers, insiders, or the team."
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Distribution of Giveaway Tokens
The Pixie Airdrop is primarily designed to reward early miners as well as supporters on social media. Of the 300,000 $FAIRY that will be distributed, 20,000 $FAIRY a day will be distributed to those who have staked FRA tokens (the gas token for the Findora blockchain).
The rest of the 60,000 $FAIRY will be airdropped at the end of the 12 day period amongst the FairySwap community via this contest.
About Fairy Swap:
FairySwap is the first automated market maker (AMM) decentralized exchange (DEX) on the Findora blockchain. It uses Findora's powerful EVM to offer lightning-fast cross-chain trades even on Layer 1 chains like Ethereum and Binance Smart Chain, while still minimizing gas fees. By giving users programmable privacy, FairySwap allows compliance with local KYC requirements without revealing any data on-chain, protecting them from hackers and front-runners.
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Learn more at http://fairyswap.finance/ or join their community at https://t.me/FAIRYSWAP
About Findora:
About Findora
Findora is a public blockchain with programmable privacy. Originally conceptualized as a university cryptography research project in 2017, and finally launched to the public in 2021, Findora utilizes the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability.
Learn more https://findora.org/
Source: FairySwap
Filed Under: Financial
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