Introducing Polarfox and the FOX token.
Introduction to Polarfox
Polarfox is a decentralized exchange (DEX) running on Avalanche, uses the same type of automated market making (AMM) as Uniswap, features a native governance token called PFX that is capable of trading all tokens issued on Ethereum and Avalanche.
Polarfox offers three critically important benefits: lightning-fast and efficient trades, community-driven development, and a fair and open token distribution process.
Polarfox can finalize trades quickly and efficiently. Because Polarfox is built on Avalanche, it enables users to swap assets while enjoying sub-second transaction times and transaction fees as low as a few cents. Oftentimes, trades on Polarfox will feel as fast as trades on centralized exchanges.
Aside from having performance upgrades to the industry standard, Polarfox is a community-driven DAO.
Polarfox’s native governance token, PFX, enables the community to drive the development of the product.
Polarfox features a 100% fair distribution model. Liquidity providers to the DEX will participate in liquidity mining to earn the native token.
The liquidity mining program starts on mainnet launch and will cover the following pools on Polarfox: