Alium Swap liquidity migration and secret NFT giveaway
In August 2020, SushiSwap, led by Chief Nomi, revolutionized the DeFi market and encouraged UniSwap and other DeFi users to move their liquidity to their platform. This was later called the vampire attack.
Despite the hugely positive effect for users, it played an evil trick with the Sushi token and users. Many users felt cheated by the Sushi token value dump.
In February 2021, PancakeSwap, the largest exchange on Binance Smart Chain (BSC), outperformed Uniswap several times in terms of capitalization. This was the result of huge commissions on the Etherium network and the gradual migration of users to exchanges built on BSC. However, none of the BSC exchanges offered users a reasonable liquidity migration scheme.
Alium swap is the first exchange on BSC to offer smart NFT liquidity migration. Given the negative experience of SushiSwap, we are not going to flood the market with ALM tokens, which we consider to be a very valuable asset. On the other hand, we believe that NFT is a huge and promising new market. We create NFT tokens that work.
We cannot leave AliumSwap users without rewards, but we closely monitor the tokenomics and balance. Therefore, we will distribute secure Smart Mining NFTs to all users who want to move their liquidity from Pancake to Aliumswap. These users will be able to receive unlocked ALM tokens as a result of participation in smart farming, where NFT will be the key to the farming pools.
Alium tokens (ALM) will not be actively distributed at first, and the share of freely available tokens on the market in the first months of the platform’s operation will be just a fraction of a percent of the total circulation. ALM tokens can be obtained only in a few ways (participation in a Private closed round, participation in the Public round, and Farming). We hope that the circulation balance maintenance program will allow us to avoid the classic pump & dump schemes for DeFi projects.
We plan to soft-launch the first version of AliumSwap in mid-March. So don’t miss your chance to participate in a revolutionary project that opens up new horizons of freedom in trading, yield farming, and NFTs.
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