LFGSwap, goal: provide a single solution for all your SWAP needs on EthereumPoW. Discover the characteristics of this ecosystem.
LFGSwap helps you make the most out of your crypto in three ways: Trade, Earn, and Win.
LFGSwap, what is it exactly?
Here is a community-driven organization built to solve what might be called the “liquidity problem.”
One could define this problem as the inability of disparate forms of liquidity to connect with markets in a decentralized way, and vice versa. While other solutions provide incrementally progressive advances toward solving the problem of liquidity, LFGSwap’s progress is intended to create a broader range of network effects.
Rather than limiting itself to a single solution, LFGSwap intertwines many decentralized markets and instruments.
Trade, earn, and win crypto on the most popular decentralized platform in the galaxy.
Thus far, the core products, which will be described in more detail here, include: a decentralized exchange, yield instruments, an auction platform, an AMM framework and staking derivatives.
LFGSwap’s products are configured in a way that allows the entire platform to maintain decentralized governance of $LFG token holders, while continuing to innovate on the collective foundations by design. Whereas major structural changes are voted on by the community, the day-to-day operations, rebalancing of pools and ratios, business strategy and overall development is ultimately decided on by our core team.
LFG token:
Ticker Symbol: LFG
Chain: EthereumPoW
Max Supply: 1,000,000,000 LFG tokens
Start of Supply: 30,000,000 LFG tokens
Contract Address: 0xFd483e333cBe8fE7A418D9398d6BB81CC2B8e07B
Initial Allocation
- 3% (30,000,000 LFG) for Advisor – unlocked linearly in 20 months
- 3% (30,000,000 LFG) for Liquidity
- 3% (30,000,000 LFG) for Ecological Fund 360days cliff then linear vesting over the next 180days
- 6% (60,000,000 LFG) for CEX Launchpad Reserve
- 10% (100,000,000 LFG) for Exchequer 360days cliff then linear vesting over the next 180days
- 75% (750,000,000 LFG) will be allocated to LFG community members through mining and community rewards – unlocked linearly in 60 months
Distribution of Tokens
The allocation of 970 million LFG tokens is as follows:
Farms : 61.86% per block
Community / Team: 15.46% per block
Exchequer: 10.31% per block
Ecology: 3.09% per block
Advisor: 3.09% per block
CEX Launchpad Reserve: 6.19% per block
Crypto-currencies and tokens built on a blockchain have algorithmically created release schedules in place. This means that it is possible to accurately predict the number of coins that will be produced at a specific time.
Maximum supply – the parts/tokens that will never be produced. Once the maximum supply is reached, these coins or tokens will no longer be minted.
The maximum supply of LFG tokens is 1000,000,000.
What Can I Do on LFGSwap?
- Exchange ERC-20 tokens with the lowest fees on EthereumPoW
- Provide liquidity to the pool and earn income from token swap transactions
- Stake your LP tokens to earn LFG tokens
- Stake LFG tokens to earn more LFG tokens
- Stake LFG tokens to earn tokens of other projects
- Stake tokens of other projects and earn LFG tokens in return
- Try your luck in the LFGSwap Lottery and win huge prizes in LFG tokens
- Earn referral rewards via our multi-type Referral Program
- Buy new tokens directly for LFG on LFGSwap by participating in the Initial DEX Offerings (IDO)
- Buy/Sell NFT on LFGSwap Marketplace with the lowest fees on EthereumPoW
- Stake NFT to earn multiple tokens