FairySwap Monthly Report
March 01, 2022 — March 31, 2022
Hello, $Fairy community！
March was an extremely important month for FairySwap. We officially launched on mainnet with an initial staking program, a Genesis Mining airdrop campaign to incentivize liquidity mining, and announced a soon-to-be-minted NFT collection. We partnered with other ecosystems and added support for the Rialto Bridge. After a working hard in February to plant the seeds, March feels like reaping bountiful harvest.
Let’s review FairySwap’s progress this month.
Community Opportunities
- We launched a 12-day Pixie Drop Campaign to encourage users to stake FRA and finish community tasks for 300,000 $FAIRY.
- We’re in the middle of the Fairy Airdrop Campaign from 27 Mar to 3 Apr, with $5,000 rewards to over 1,000 winners. Complete a swap on FairySwap for extra rewards!
- We kicked off the FairySwap ambassador Program! FairySwap is looking for document engineers, designers, developers, DeFi contributors, or any passionate community member to help promote the magic of FairySwap! Sign up here.
Project Development
- During the initial staking phase , several tests were conducted to optimize the swap and liquidity mining pages, ensuring its smoothness and accuracy.
- Rialto Bridge was officially launched, connecting different ecosystems to Findora to make it a liquidity center for privacy. This allows funds to be easily transferred to FairySwap.
- FairySwap achieved multi-chain asset circulation as assets began circulating between Findora and BNB Chain.
- The UI of the homepage was upgraded. The new interface endows FairySwap with more financial elements and brand style, making the new visual style refreshing. Menu and Navigation have been improved to help users view the real-time TVL and APR. The user experience was refined , by making the product operation smoother.
- The PixiePower NFT series will be launched to celebrate women in Web3 , advocating for their independence and individuality in the new era. Currently, the NFT UI design has been completed, but the NFT trading platform is still under development.
- An Info Page was launched, where users can quickly view liquidity, 24-hour trading volume, token price, and other functions.
- The community DAO governance for FairyDAO will be gradually launched. Holders of platform governance tokens will have the right to make decisions on the development and governance of the community.
- The first Fairy-Halving is upon us! On March 29, the rewards for mining $FAIRY were halved to help put deflationary pressure on the token.
- We have a step-by-step video tutorial to show users how to stake and harvest rewards on FairySwap.
New Project Partnerships
1. We have partnered with Polygon to provide users with cross-chain privacy transaction services.
Polygon is a decentralized Ethereum scaling platform, designed to solve the congestion issue of Ethereum and improving the throughput of Ethereum, solving the scalability and availability problems, with near zero transaction fees, providing DApp users with a good operating experience. It significantly lowers developers’ fees for deploying scalable smart contracts and helps Ethereum developers of DeFi, NFT, Game, DEX build dApps without any learning cost. Polygon is built on Ethereum without ever sacrificing on security.
2. We will partner with BTOK and will hold an AMA in the BTOK community soon
Btok, also known as Bananatok, is a 2nd generation chatting tool, supporting more than 200 kinds of digital asset transactions and remittances, with translation function. It has a community channel for 200,000 people and is compatible with the advantages of Telegram, which is easy to use for international users, especially as an indispensable chat APP among cryptocurrency users.
3. We’ve partnered with BitKeep, so users can smoothly connect their BitKeep wallet to FairySwap to carry out staking and transactions.
BitKeep is a decentralized multi-chain digital wallet, dedicated to providing safe and convenient one-stop digital asset management services to users around the world.
4. We’re proud to announce a successful, first smart contract audit by CertiK
CertiK is a leading blockchain auditing firm, utilizing best-in-class AI technology to secure and monitor blockchain protocols and smart contracts.
5. Findora Launches $3M Liquidity Program for FairySwap as one of the first grants from the $100 million Findora Ecosystem Fund
Findora Foundation has announced the $100 million Ecosystem Fund, a new grant program that will accelerate the pace of investment into DeFi. Findora will provide grants and support for a number of projects through the Ecosystem Fund over the next few years. Some of these projects are already in place, such as a $3 million Liquidity Program for FairySwap.
Community Events Held
Online AMA and sharing：
What is FairySwap?
FairySwap is the first Automated Market Maker (AMM) Decentralized Exchange (DEX) built on Findora, a new kind of blockchain that provides on-chain confidentiality and programmable privacy. With Findora’s EVM, FairySwap gives you unbelievably fast cross-chain swaps with Layer 1 chains like Ethereum and Binance Smart Chain, while minimizing fees and maximizing efficiency.
Wetsite：https://www.fairyswap.finance/
Twitter：https://twitter.com/fairy_swap （27,304 followers）
Telegram：https://t.me/FAIRYSWAP （37,653 followers）
FairySwap — — The first DEX on Findora
