We are excited to announce the launch plan for FalconPool — an innovative product under the Falcon brand. This feature-packed product is a step towards our goal of building a healthy defi ecosystem and capturing the maximum value for FSW tokens. FalconPool is a layer 2 fundraising protocol that will streamline the complete fundraising and token distribution process.
There has been a significant increase in crowdfunding activity over the past few months. This growth has also exposed the inefficiencies in the contribution and token release process which is time-consuming for both pool owner and contributors. Adding to that, the whole fundraising process is chaotic.
FalconPool allows users to pool tokens without paying gas fees and eliminates gas wars in the contribution process. FalconPool aggregates all the transactions before sending it to the recipient saving massive gas fees and transactions on Ethereum. FalconPool also incorporates innovative ways for token distribution, locking tokens and streamlining the complete fundraising process.
Falcon Pool Features:
- Decentralized — FalconPool is completely decentralized and does not require any centralized custodian for holding funds. Adding to that, there is no need for users to deposit the fund in the smart contract to participate in the sale.
- Zero gas fees token sale — FalconPool eliminates the need for gas wars which is not only a waste of gas fees but also chokes the blockchain with thousands of unnecessary transactions.
- Aggregation — FalconPool aggregates all the contribution transactions and saves significant gas fees and transactions needed to do the transactions separately.
- Token Distribution — Token distribution is often a fragmented process during the pooling process. Falcon Pool will escrow the project tokens and issue locked tokens to the contributors immediately after the completion of the pooling.
- Token unlock — The locked tokens issued to contributors using Falcon Pool can be unlocked by the pool creator after the Uniswap listing or other timelines as per the need of the project.
- Permissionless — FalconPool will allow permissionless pool creation in line with the decentralized experience projects receives on Uniswap. This will eliminate any added friction needed in a centralized approach.
- Featured Pools — Besides the permissionless listings, FalconPool will also feature handpicked projects with allocations reserved for FSW token holders.
We are in the final stages of development and will announce the launch of FalconPool in the coming days.
Join our community to connect with us —