FlanoSwap - a DEX & AMM On Cardano Blockchain!

 

 

FlanoSwap
Soon is it here, Cardanos DeFi and we have waited a time for it and here do we have one platform starting on Cardano's DeFi called FlanoSwap which is the first DEX and AMM. You will be able to use FlanoSwap just like Uniswap or Pancakeswap which is to swap one native blockchain token for another easy, fast and decentralized. You will be able to provide liquidity just like other DEX:es and receive a portion of the swapping fee's which is taken when utilizing FlanoSwap to swap tokens.

 

The Native Token Of FlanoSwap = FLAN
The native token is called FLAN and will have a big part in FlanoSwap's ecosystem when it comes to all features the platform will offer, this iformation will be described a bit further down. The FLAN token will have a private and a public sale as well as an airdrop. The max supply of FLAN is 20,000,000 tokens, you can see the token distribution below. I you want to register directly for the airdrop can you click HERE. You will get 15 FLAN tokens for free and you have a chance of getting even more!.

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The token distribution will be in two phases one is a vesting phase there you will get a certain % FLAN tokens unlocked every month and the other part is a certain % of FLAN tokens you will get directly, this to promote maximum decentralization and a fair ditribution.

 

Features
A lot of features will be present at FlanoSwap which is:

- Provide Liqudity and get rewards based of fee's (September 2021)

- NFT marketplace (November 2021)

- ADA Launchpad, initial launching of new tokens on Cardano blockchain (December 2021)

 - Farms, provide LP's to get rewarded in tokens as wells as FLAN token (January 2022)

Exactly how the FLAN token will be utilized in these different features are yet to be announced.

 

This was just a fast summary of FlanoSwap how and which features will be used on it. The whitepaper is released except for that is there little information yet. You can read the whitepaper here.

 

Useful Links:

Link to FlanoSwap and it's airdrop: click here
 

 
Thank you for reading and all support!