CRYPTO MARKET / ASSET
Fastswap (FAST)
| FULL MARKET CAP $365.56 K |
| TOTAL CURRENT SUPPLY 377,465,764 |
| MAXIMUM SUPPLY ∞ |
Overview
FAST token is used for trading fee discounts, governance, liquidity incentives for stakers, and as a medium of exchange for trades on Fastswap DEX built on the Polygon network.
- Duke Inu Token Listed on FastSwap.Finance & PancakeSwap!
FAST Blog • June 2, 2021 - Fast Swap Finance is live on Binance Smart Chain!
FAST Blog • May 29, 2021 - How to Farm on FastSwap Exchange?
FAST Blog • January 30, 2021
- The only asset that's guaranteed to go up, $FAST.
After three months of collecting data, we are on track to grow the BASE PRICE by 2.98x this year.
Let's explain what that means and show some projections.
Base Price: Price it is impossible to fall below. The treasury has funds to buy all tokens in circulation at that price
Market Price: Price the token is trading for on exchanges.
On December 11th, the Base Price was $0.01212
Today, the Base Price is $0.0148.
The average market price multiplier has been 5.5x
At this rate,
In one year:
Base Price: $0.044
Market Price: $0.245
two years:
BP: $0.131
MP: $0.72
three years:
BP: $0.389
MP: $2.15
@PodFast_ • February 19, 2024 - Replying to @PodFast_: FAQ:
Q: "Just don't understand how it can cost nothing, when the tax is 2%"
A: The people who are "paying the fees" are the people who are buying Bitcoin on BNB.
When Bitcoin price moves, the LP pools need to rebalance.
That rebalancing creates volume.
@PodFast_ • February 17, 2024 - Two Major Updates to Drive $FAST volume and Base Price Upwards!
1) Diversifying across various volatile liquidity pools
FAST will be paired with various assets like WBTC, BNB, and other strong, volatile assets in the BNB ecosystem. As these paired assets go up or down in price, it will automatically generate volume to rebalance the liquidity ratios across all of the pairs. This costs nothing, drives volume, and increases the base price in perpetuity as a result.
If any paired coin goes up or down on any given day, volume is automatically generated, for free, forever.
More pools will be continuously added over time, creating a positive flywheel effect.
**NOTE: Even though the USDC liquidity pairing will now be smaller, when a purchase is made of FAST, it is split across all pools, so the liquidity depth and slippage will remain comparable.
It will take us approximately one day to fine tune and rebalance the new pools to previous levels.
--------
2) The LP reward from all of these new pools will be used to increase the price of FAST as well as deepen the liquidity.
The LP reward will be distributed as follows:
- All FAST fees are burned, reducing supply and increasing the base price
- 50% of paired token fees (BNB, WBTC, etc) will be used to buy back FAST, raising the FAST market price.
- 50% of paired token fees (BNB, WBTC, etc) will be used to pair with the newly bought back FAST, deepening the liquidity.
Automated volume occurs as the paired assets move up or down in price, this creates rebalancing volume with the FAST pair.
More LP pools will continue to be added over the lifespan of FAST
@PodFast_ • February 17, 2024
Time Ranges
| 1 HOUR | -0.63% |
|---|---|
| 24 HOURS | -2.86% |
| 7 DAYS | +0.5% |
| 30 DAYS | +5.26% |
Supply & Distribution
| SUPPLY | |
|---|---|
| ISSUED | 377,465,764 (100%) |
| TOTAL CURRENT | 377,465,764 |
| DISTRIBUTION | |
|---|---|
| ● BURNT | 0 |
UPDATED: 18/01/2025 10:02
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