Qiswap Airdrop is a product built for the continuous growth and evolution of the decentralized finance (DeFi) ecosystem. Our goal is to provide a fast, professional, and secure platform while offering low fees and higher Transactions Per Second. This will improve DEX user experience and increase liquidity as fees become negligible.
QiSwap, unlike its competitors, runs on the Qtum Blockchain, the decentralized blockchain platform that brings together the best of both worlds – the mature and secure UTXO model with the power of solidity-based smart contracts.
Qiswap Airdrop uses Smart Contracts which are based on the Uniswap Contracts. These have been modified and adapted the work with the Qtum Blockchain. These fully audited contracts will be made open source shortly before MainNet launch.
QiSwap currently supports QiWallet which is available on the Google Chrome store QiSwap currently depends on the Qtum blockchain confirmation times of 32 seconds / block, at ~70 Transactions per second which is much higher than Ethereum.
A future update of the Qtum Blockchain will speed up confirmation times by a large margin, 16s/block is a possibility and this will benefit QiSwap users directly.
Hold QI in a private wallet like QiSwap web wallet or in a Qtum QT Core wallet with QRC20 support.
QiSwap has not discussed with any exchanges to support the airdrop, so even if an exchange supports the airdrop, it’s recommended to hold QI in a private wallet.
A snapshot will be taken at Qtum block height #924,270, which is expected to happen around May 30th, 2021.
Eligible holders will receive free QI at a ratio of 1:1.
The airdrop distribution will begin after the snapshot has taken place.
For more information regarding the airdrop, see this Medium article.
Why Choose Qiswap Airdrop
A fully decentralized protocol that automatically provides liquidity for QTUM based on automated market making (AMM) algorithms.
QiSwap is transparent, censorship-resistant financial infrastructure for QTUM.
QiSwap has lower handling fees, faster transaction confirmation, and more stable prices.
Qiswap Airdrop enables anyone to create new markets, provide liquidity, and build financial applications that could not have existed before.
Swapping tokens is quick and easy on QiSwap, the platform runs on the Qtum blockhain which allows users to benefit from low fees and fast transaction times. They have also put together a nice and clean interface to make life easier for users.
Then we’re greeted with this screen where they can swap tokens as they decide to.
For this tutorial, we’ll swap tokens between QTUM and QI We input the amount to swap. The platform automatically shows the total in “Test-2” as well as other details regarding the transaction.
After entering the balance and clicking on “Swap” we get a “Confirm Transaction” screen. We just need to verfiy the information and scroll down to click on “Confirm”
After clicking, they can see the Swap button turns grey, when the next Qtum block is found, the transaction will be confirmed on blockchain.
QiSwap Airdrop for Qtum holders
Snapshot will take place on February 12th, on Qtum block height 793,284 ( Already took place, anyone who had tokens by that blockheight is now in the airdrop list)
Will benefit all Qtum holders (who hold their Qtum on a QRC20-capable wallet or at an exchange which supports the airdrop)
Roughly 98.5 Million QIAIR tokens will be airdropped to Qtum holders, these can later be swapped for the QI governance token
The Qiswap Airdrop airdrop ratio is QTUM :1 QIAIR :1. This means that you’ll get 1 QIAIR per every 1 QTUM you own.
The QI airdrop ratio is QTUM/QIAIR :2 QI :1. This means that you’ll get 1 QI per every 2 QTUM/QIAIR you own.
Liquidity Providers also qualify for the Pioneers program and will receive 2 million Qi tokens. These will be airdropped to the Liquidity Providers on QiSwap during the Pioneers I and II program.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.