The Mining Function of CSF, the CandySwap Platform Token, Will Start on March 25

After CandySwap, the first DEX of the SeeleN ecosystem, went live, it achieved great support from the ecological community. Assets in the liquidity pool have gradually accumulated and are now available for daily trading. The mining function of CSF, which is the platform token of CandySwap will start on March 25th to reward users who provide liquidity.

CandySwap topic on the SeeleN official website has been launched. For details, go to https://seelen.pro/candyswap.html

CandySwap adopts the automatic market maker (AMM) mechanism, aiming to realize the self-driven liquidity creation of various functions such as liquidity mining, IFO, NFT, DAO, etc., to provide participants with the greatest value dividends, with ultra-low handling fees, two-way Cross-chain, second-level confirmation, mainstream asset compatibility and other advantages.

After the platform currency CSF is launched, the early functions of CandySwap will be further enriched.

A total of 500 million CSFs will be issued, of which 5% will be used for ecological construction; 8% for team contributors; 2% for market operation; and 85% for CandySwap mining output. Of the 75 million CSFs used for CandySwap ecological construction, team contributors and market operation. 10% will be unlocked when the project is launched, 1.5% will be released every month after the launch, and the unlocking process will be completed within 60 months.

As the platform token of CandySwap, CSF will also have the function of governance token. Holders can not only earn income and handling fee share, but also determine the specific planning and development direction of the project.

As an ecological financial infrastructure developed by the SeeleN community, CandySwap will continue to expand its technology and functions, enrich asset types, and provide a complete trading system support for SeeleN ecological projects.