🔵Crypto Factor Listing

An Insured Utility Token on Vanilla Swap!

Crypto Factor Token (CFR) Listing Overview

Initial Listing Details

Exchange Platform: The Crypto Factor Token (CFR) made its debut on the esteemed decentralised exchange, Vanilla Swap v2. This platform is known for its robust security measures, user-friendly interface, and efficient transaction processing.
Listing Date: The official listing took place in March 2024, marking a milestone achievement for the CFR project and its community.
Listing Price: The initial listing price was set at 0.00625 CFR to DFI, establishing the market value and exchange rate for the new entrants and existing holders to engage in trading activities.
Liquidity Pool: The initial liquidity pool was configured with 16,000,000 CFR and 100,000 DFI. This substantial liquidity pool ensures smooth trades and reduces the risk of low liquidity depth.
Trading Pair: The trading pair established for the Crypto Factor Token was CFR/DFI. This pair allows for direct conversion between CFR and DFI, two influential tokens within the DeFiChain DMC ecosystem.
Note: Slippage required to swap is 12% due to the utility trading tax.

Capital Allocation

Asset Backing: Approximately 20% of the total capital raised through the initial coin offering (ICO) has been allocated towards the asset backing. This is a strategic move to ensure the stability and intrinsic value of the Crypto Factor Token (CFR).
Liquidity Provision: Circa 80% of the capital gathered from the presale event has been dedicated to providing liquidity. This significant investment into liquidity is designed to foster a healthy and stable marketplace for CFR tokens, facilitating ease of trade and price stability.

Summary

The Crypto Factor Token (CFR) was listed on Vanilla Swap v2

The Initial Listing Pair = CFR/DFI

The Initial Listing Pool = 16,000,000 CFR / 100,000 DFI

The Initial Listing Price = 0.00625 CFR to DFI

Circa. 80% of the capital raised from Presales was used for liquidity

Circa. 20% of the capital is posted to Asset Backing

Conclusion

The strategic allocation of capital towards asset backing and liquidity, combined with a carefully planned initial listing, has positioned the Crypto Factor Token (CFR) for a promising start in the competitive DMC market. The choice of Vanilla Swap v2 for the listing reflects a commitment to security, ease of use, and market accessibility. As CFR continues its journey, the strong foundation laid out by its initial capital distribution and listing parameters will play a crucial role in its trajectory and sustained success.

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Last updated 1 year ago