FMFW.io Exchange Lists SushiSwap, APENFT, Balancer, and WINkLink!
Last week was full of exciting activities, live AMAs, and trading competitions. Besides, we also listed a lot of new trading pairs on our exchange.
Let’s have a closer look!
We are thrilled to announce that $SUSHI token is now listed on FMFW.io and available for all users to trade!
SushiSwap is a decentralized exchange (DEX) using the Ethereum blockchain. It provides an alternative to liquidity provider (LP) tokens exchange.
SushiSwap is considered a fork of the Uniswap project in terms of its architecture. It is also based on the Ethereum blockchain, which allows ERC20 tokens to be traded via smart contracts. The difference between SushiSwap and its parent exchange is the ability to borrow or invest in cryptocurrencies.
Using the Automated Market Maker (AMM) protocol, SushiSwap is enabled by smart contracts, allowing users to buy and sell through Sushi DeFi and decentralized exchanges.
Its native token, SUSHI, can be considered a governance token, enabling users interested in influencing future SUSHI token price and roadmap.
APENFT was founded in 2021, creating a space for world-class artwork on blockchain by registering physical and digital works as NFTs. The foundation’s collection, valued at over $150 million, includes physical artworks by Pablo Picasso, Andy Warhol, and Alberto Giacometti, alongside works by pioneering crypto artists like Beeple, Pak, FEWOCiOUS, and Mitchell F. Chan, making APENET the first foundation in the world whose holdings encompass both physical and digital NFT artworks.
APENFT is backed by the underlying technology of the TRON blockchain, with additional support from the world’s most extensive distributed storage system BitTorrent File System (BTFS). At the core of our mission, APENFT aims to facilitate the creator economy while catalyzing both financial and cultural inclusion in the metaverse.
&NFT token is the official governance token issued by APENFT Foundation. It is a decentralized digital asset backed by ERC-20/TRC-20 protocols and serves as proof of rights on APENFT. NFT holders can vote, share profits, and receive NFT airdrops. The total supply of NFT is 999,990,000,000,000. Nowadays, NFT is traded on over 27 CEXs and DEXs including OKX, Huobi, Kucoin, Bybit, Uniswap, Pancakeswap, and Sunswap.
Balancer is an automatic market maker (AMM) protocol based on the Ethereum network that allows users to trade and manage virtual coins. Balancer pools can be seen as auto-rebalancing portfolios, where anyone can create or join a decentralized index fund, and commissions go to liquidity providers rather than intermediary fund managers.
The most crucial feature of Balancer is a set of algorithms that control and drive interaction between traders, liquidity providers, and pools to achieve two objectives: rebalancing pools and finding the best price across multiple platforms.
$BAL tokens play an essential role in the overall maintenance of Balancer, as it is used as a governance token for the protocol.
Also, the token is used as an incentive where users can deposit assets into Balancer pools and earn BAL tokens.
Data can be integrated into a trustless and seamless process that helps expand the reach of Web3.
WIN is a TRC-20 token running on the Tron network. It is the native utility token of the WINkLink system and are used to reward nodes that provide reliable data as well as for payment from developers who use the data.
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FMFW.io does not provide financial, legal, accounting, or tax advice. Any statement regarding such matters is explanatory and may not be relied upon as definitive advice. All users are advised to consult with their financial, legal, accounting, and tax advisers regarding any potential investment or trading activity.