FlanoSwap is the first and best decentralized exchange on the Cardano Blockchain. This is a system operated in the form of an Automated Market Maker (AMM – roughly translated: “Automated market creation system). This means your trades will not be matched by other when using order books. Instead, users will trade with each other by locking their tokens into a liquidity pool. The way Automated Market Maker (AMM) works requires an available supply of liquidity. That is, someone must provide both cryptocurrencies at the same time to the pool for users to exchange when there is a need. In return, they receive a certain fee when the transaction is incurred. This is a significant fee if calculated on an annual basis. This makes the profit monopoly of the exchanges broken as users can also enjoy trading fees. In addition, giving profits to liquidity providers solved the problem of illiquidity for less popular cryptocurrencies as they were motivated to put money on Automated Market Makers (AMMs) for profit.
Step by Step - Get bonus 15 FLAN!
- Register on FlanoSwap and verify your email.
- You will receive 15 FLAN tokens.
- After this, login to your account, create a wallet (Daedalus or Yoroi) and complete KYC.
- Also, share your referral link to get more FLAN tokens for each referral.
- Don’t forget to join our Telegram channel and follow us on Facebook to receive new airdrops!
Note: You can withdraw from October 26, 2021 onwards!
