In 2022, total TVL locked
Among them, Fstswap has performed particularly well this year. Now Fstswap has been rated by users as one of the most influential
At 4 p.m. on
At the start of the live stream, Paul introduced the basics of Fstswap to everyone. FstSwap is a decentralized exchange protocol based on BSC Binance Smart Chain. FIST is the governance token of FstSwap, with a total of 200 million in full circulation. Fstswap has passed the certik audit and has a community base of nearly 300,000 people. Before the launch of the public chain Fonvity Chain (FON COIN) at the end of 2022, Fstswap will focus on the creation of different
“Our goal is to enable more people to understand and participate in
At the start of the project, FstSwap formulated a three-year plan. In 2021, build a community, through the popularization of defi knowledge, consensus on FIST and OSK tokens; in 2022, build Fstswap, diversify Fstswap by cooperating with different ecosystems, and divert international traffic to increase Fstswap’s popularity and transaction volume; In 2023, the public channel will be launched. After the established community and ecology is completed, he will open his own public channel, Fonivity Chain, and help the traditional exhibition industry introduce blockchain applications.
For today’s Fstswap, completing each stage of the roadmap on time has given Fstswap a strong vitality.
Significantly different from other DEX projects, Fstswap has a DAO (competitive node mechanism) governance system, and nodes can enjoy all the dividends brought by Fstswap, thus promoting the development of Fstswap endlessly!
In addition, in order to better promote the development of nodes, currently only the first 27 nodes can enjoy huge economic dividends. Thanks to the limited number of nodes, the nodes will be more competitive and they will continue to serve and educate the community, in order to gain the community’s trust and their votes. Eventually I can grow and develop with Fstswap and become part of the Fstswap family.
Therefore, Fstswap is also equipped with a node rating mechanism. First, to become a node, you must pledge 21,000 fists, which can be traded after the node is undone; second, you must vote, you must provide FIST/USDT liquidity pool, 1LP: 100 votes. Therefore, only nodes that continue to drain, preach, and provide pools of FIST/USDT liquidity can retain the top 27.
As a governance token of FstSwap, FIST also plays an important role in ecology. FIST is the main currency currently referenced by various green liquidity pools and can be used to mine FON COIN. In the future, there will be more applications of FIST and OSK, such as IFO (initial farm offering), loans, NFT ecology, and on-chain game ecology.
Paul is full of confidence in FIST, “The total amount of FIST is limited. When more investors provide pools of liquidity and more applications revolve around FIST, the more the node community drains and preaches. With the blessing of various factors, the value of FIST will increase to go higher.”
The value of FIST is obvious to all. In order to facilitate more users, the ZT trading platform has successfully launched FIST, and users are welcome to trade~
In this booming market, the introduction of DAO governance system provides more innovative ideas and deeper exploration for the development of Fstswap.
In the future, Fstswap could become one of the most popular DEXs in the entire industry!
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