FIND X
A decentralized application equipped with an Escrow Smart Contract.
Last updated
A decentralized application equipped with an Escrow Smart Contract.
Last updated
Here's how it works: When you create an order, your tokens are held safely in the smart contract until the buyer sends the agreed-upon ETH. Once the ETH is received, the tokens are released to the buyer. It's a simple and secure way to trade tokens with peace of mind.
“Maximizing Your Gains, Minimizing Your Loss”
Want to learn about writing content from scratch? Head to the Basics section to learn more.
Projects apply taxes to transactions to support project development, creating price fluctuations during buying or selling, which vary based on the token's trading volume and tax rate. FIND.X tackles this issue by providing a user-friendly platform that streamlines blockchain navigation and facilitates effortless exchanges.
Consider an investor looking to sell a substantial amount of "Token X." Typically, this action might incur various taxes or fees, potentially impacting the investor's returns. Additionally, the presence of MEV (Miner/Maximal Extractable Value) bots can pose a threat by front-running transactions, leading to unfavorable pricing. Our platform aims to address these concerns by providing a secure and transparent environment for transactions, free from excessive fees and the influence of MEV bots.
Manages substantial token sales in smaller portions, promoting stable gradual market growth and engagement.
Breaking token sales into smaller parts engages the community and attracts new holders. For example, if you hold $50,000 worth of “Token X” but lack liquidity, you can use our platform to crowdfund your holdings. This approach avoids potential issues like bot interference, ensuring a secure and transparent transaction process.
Offers a secure, private peer-to-peer exchange mechanism through an escrow system, enhancing transaction trust and reliability.
Buyer Perspective: Alice wants to buy 1000 "Token X" directly from a seller without going through a centralized exchange. She finds a seller, Bob, who has the tokens she wants. Alice and Bob agree on a price and terms for the transaction. Alice then sends the payment to Find Token's escrow smart contract, which locks the funds until Bob confirms the transfer of tokens to Alice.
Receiver Perspective: Bob, as the seller, wants to ensure that Alice is a trustworthy buyer before completing the transaction. He uses Find Token's private exchange feature to whitelist Alice, verifying her. Bob then transfers the tokens to Alice, and once Alice confirms receipt, the escrow smart contract releases the locked funds to Bob. This process ensures a secure and transparent transaction between the two parties.
Note that certain ERC20 token smart contracts implement a fee-on-transfer (FOT) function which for every token transfer, a percentage of the tokens are burned or distributed to various wallets.
Website: FindToken | Twitter: @_FindToken | Telegram: TBA | Discord: TBA
