Dear Community,

We are happy to announce that WingSwap has selected the FantomStarter.io app as their launchpad for their IDO, which will take place on the 29th and 30th of November, 2021.

Complete your KYC with Fractal.id as soon as possible. Only the whitelisted addresses will be able to participate.

Summary:

• Step-by-step
• Introducing Wingswap
• IDO Whitelisting and Pool Overview
• Team & Links
• FAQ

Note: Trade $WIS on WingSwap (Details will be provided closer to TGE)
TGE Details to be provided soon. (We will update this article.)

Introducing Wingswap

Current AMM landscape

Transactions on existing platforms are slow and expensive due to the poor scalability of the blockchain being used. Plus cross-chain transactions cannot be carried out because they are simply not interoperable.

Mission

WingSwap is set to change the narrative of DeFi by becoming the go-to decentralized exchange on the Fantom ecosystem and redefining the user experience in the industry. They envision an integrated financial ecosystem that delivers timely, responsible, and sustainable services to drive adoption, increase demand and value for accessible assets.

Token utilities

The $WIS token is a deflationary token that uses a Proof of Stake consensus algorithm and it is regulated by a token burn and buyback strategy. The success of major protocols depends on how valuable the features they offer are and how much users are attracted to the liquidity of their protocol.

• Pay a 0.25% fee on every transaction
• Participate in the liquidity pools
• Participate in staking, yield farming, and NFT exchange
• Cast votes and participate in the governance of the platform

Liquidity pools

The WingSwap native token interacts intelligently within its decentralized and environmentally friendly ecosystem. Enabling proper money markets to function and create a safe positive-yield approach to the liquidity provided by platform members. The WIS token is also used for DAO Governance and DEX Smart Trading.

NFT Integration

WingSwap provides both AMM and integrated NFT Farming on the Fantom blockchain network. They are the first DeFi platform to creatively develop and perfect a new, better, and more useful yield farming model for its ecosystem of users, including Launchpads, Bridges but also NFT and GameFi dApps.

DEX (Swap)

Using the Automated Market Maker — AMM mechanism, trades can be carried out automatically. Exchange activities are automated and decentralized. Their automated all-around solution for the DeFi industry is blazing-fast.

Staking

It is a dedicated Decentralized Exchange (DEX) and a staking platform where users can provide liquidity to the DEX, trade different types of assets in a decentralized way, and get rewarded for doing so. Users can stake their idle funds in the liquidity pool to gain a high return on their investments.

Team

James — Co-Founder

Founder of WingSwap. He graduated from Economics University and has a lot of experience in business analysis, team management, and business model. Also an experienced investor and holder.

Hiroto — Co-founder

A lead blockchain researcher at WingSwap with more than 10 years of experience in projects related to security and blockchain.

Whitelisting and IDO overview

Tokenomics

Click here to view the complete $WIS token dispersion.

IDO Details Private Pool #1

• Whitelisting phase: 18 November 2021 at 12:00 UTC
• Investment phase: 28th and 29th November 2021 at 12:00 UTC
• Funding cap: $200,000 (total raise)
• Token Price: $0.015
• Tokens for Sale: 13.333.333
• Individual Cap: $1000
• Payment Accepted: USDC
• Vesting: 10% release at TGE, remaining 10% released monthly.

IDO Details Public Pool #2

• Whitelisting Phase: 20th November 2021 at 12:00UTC
• Investment Phase: 29th and 30th November 2021 at 12:00 UTC
• Funding Cap (total raise): 180.000
• Token Price: $0.02
• Tokens for Sale: 9.000.000
• Individual Cap: 200
• Payment accepted: USDC
• Vesting: 50% release at TGE, remaining 10% released monthly.

IDO Details Community Whitelist Pool #3

Gleam competition is now LIVE!

• Whitelisting Phase: 20th November 2021 at 12:00 UTC
• Investment Phase: 29th and 30th November 2021 at 12:00 UTC
• Funding Cap (total raise): $20.000
• Token Price: $0.02
• Tokens for Sale: 1.000.000
• Individual Cap: $50
• Payment accepted: USDC
• Vesting: Vesting: 50% release at TGE, remaining 10% released monthly.

Step-By-Step

Step 1: Complete KYC

First, you will need to KYC with Fractal.id. If you need help we have posted step-by-step and Troubleshooting KYC guides to help you complete the process. Make sure you read the F.A.Q.

Note: KYC is completed -> KYC Approved

Step 2: Whitelist

Once your KYC is completed, whitelisting will start on November 20th, 2021 at 16:00 UTC and will end on November 28th, 2021 at 12:00 UTC.

Step 3: Invest

The investment phase for users whitelisted in the Public and Private pools begins November 29th and 30th, 2021 at 12:00 UTC (View the two pools).

Step 4: Claim Tokens

Date claim tokens: December 1st, 2021

Project Links

Website / Twitter / Telegram main chat / Medium / Discord / Github

Project Tags:

#DEX #WIS #DeFi #NFT #Fantom #WingSwap

NOTE: Please direct all additional questions to the official Telegram discussion group: https://t.me/fantomstarter

FAQ

Q1. How to bridge USDC and FTM?
Using Multichain.xyz is the easiest way to bridge FTM from BSC or ETH chain to the Fantom chain. You should consider bridging USDC over instead of FTM as the bridge may have more liquidity. You can always look on Anyswap to see where the liquidity is best. Another way is to withdraw FTM to a Fantom chain whitelisted address from any of these centralized exchanges — Binance, Bitfinex, Okex, Probit, Coinex, Tokocrypto, Coinspot, Hotbit, or Changenow. Once you have FTM on your whitelisted wallet address, use WingSwap.

Q2. How to invest in the Wingswap Investment rounds?

• First, you will need to make sure you are whitelisted before November 20th, 2021, and that you are logged in with an approved Fractal KYC connected to the FantomStarter app.
• Second, make sure you have USDC in the Fantom chain wallet you have whitelisted and KYCd with.
• Be ready to click on the ‘Invest’ button within the pool page here, November 29th and 30th at 12:00 UTC.

Q3. Do investors in the WingSwap investment phases need to claim the tokens after TGE or will those be airdropped to their wallet?

You will be able to claim tokens Dec 1st, 2021 as per vesting schedule.

Q4. Where can I learn about the FantomStarter Tiers and NTF Keys?

Everything you need to know about the NFT and Tiers can be found here.

Q5. Which country can participate in the IDOs?

Keep in mind you can only invest if your Fractal KYC is approved! You can’t get your KYC approved if you are a resident of the United States, China, North Korea or any jurisdictions where sanctions are in place include the Balkans, Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Philippines, Sudan, Syria, and Zimbabwe.

Accredited US investors can invest here.

Follow us

We have loads of exciting updates coming. Follow us using these channels so you can stay up to date:

Website: https://fantomstarter.io/
Main Telegram: https://t.me/fantomstarter
Announcement Telegram: https://t.me/fantomstarterannouncement
Trading Telegram: https://t.me/fantomstartertrading
Medium: https://medium.com/@fantomstarter
Twitter: https://twitter.com/fantomstarter
Inquiries: hello@fantomstarter.io
Reddit: https://www.reddit.com/r/FantomStarter/
https://discord.com/invite/nsMxVcNwy6