FNX/ETH Uniswap Pool Begins Today at 14:00 UTC

ALERT: Real ERC20 Contract Address Will Be Revealed 15 Minutes Prior at 13:45 UTC Only On Our Website

Boris Yang
Phoenix Finance
2 min readJul 27, 2020

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FinNexus’ journey into the wild world of Ethereum DeFi begins today with the creation of our ERC20 token and the contribution of 379,075 FNX tokens and an equivalent amount of ETH. Liquidity provision will be provided at a rate of 1 ETH=1,168.158 FNX and will begin precisely at 14:00 UTC today.

While earlier in the day we reported an ERC20 address for our FNX token, this contract was a trial run for us to test the number of bots that would interact with our pool upon its creation. While we are extremely pleased at the excitement we have received from all corners for our migration of part of our token supply to Ethereum, we also want to be wary of scammers and frontrunners. Thus, we felt it was necessary to conduct this test to see just how many bots would be attracted to the pool upon its creation. We were not happy with the results and have thus updated the smart contract. We aim to do our best to repeat the problems that have plagued other initial provisions of liquidity on Ethereum via Uniswap.

The true ERC20 contract address for the FinNexus (FNX) token on Ethereum will be revealed 15 minutes before the listing at 14:00 UTC today and not before. If you are planning on trying to buy FNX via Uniswap as soon as the pool goes live, please visit our website at 13:45 UTC to get the proper ERC20 contract address.

You will only be able to find the real ERC20 contract address for FNX on our FNX Token Info page at fnx.finnexus.io. We highly recommend that no matter where you see a ERC20 contract address for FNX anywhere else on the Internet, PLEASE FIRST CONFIRM THE REAL ADDRESS ON OUR WEBSITE before entering an order on Uniswap.

Thank you for your interest in our project and if you have any questions, please interact with our social channels below.

About FinNexus

FinNexus is building a suite of open finance protocol clusters that will power hybrid marketplaces trading both decentralized and traditional financial products. The headline product to be released is a fully decentralized bitcoin (and other cryptocurrency) options model that will live on both Wanchain and Ethereum.

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Boris Yang
Phoenix Finance

Boris is a blockchain early adopter, key designer and co-founder of Wanchain. Currently working on building the future of finance with FinNexus.