CALIFORNIA CITY, Calif. - TelAve -- FairySwap is the first decentralized exchange (DEX) to launch on the Findora blockchain, creating an innovative new type of DEX that is privacy-focused and front-running resistant.

DEXs face many challenges, and public blockchains like Ethereum make user data public. Wallet addresses, transaction amounts, transaction dates, asset types - are all visible to anyone who looks.

This creates vulnerabilities that hackers, miners, and wealthy traders often exploit. Miner Extractable Value (MEV) is an attack where miners will arbitrarily rearrange transactions in a block to give themselves better trades. Hackers detect transactions before they fully execute in order to jump in and steal the price the original trader wanted.

These attacks have cost users over $761 million USD in the last two years, making Ethereum an adversarial environment that some call a "dark forest."

In the midst of that forest is FairySwap, a safe place where traders from many different blockchains can conduct business without broadcasting their actions. Using the zero-knowledge proof foundation provided by Findora, FairySwap gives traders secret on-chain identities to make their data publicly verifiable without making it public.

More on TelAve News

• AceMQ Unveils Advanced Containerization Solutions to Accelerate Digital Transformation
• $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
• Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
• Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
• Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK

FairySwap is a multi-chain DEX that supports tokens in many different crypto ecosystems. Findora's powerful EVM makes it a perfect environment for cross-chain swaps, and its groundbreaking privacy technology may allow users to pass regional KYC requirements without needing to reveal any personal data.

The CertiK partnership helps keep FairySwap safe from direct attacks, and results in a safer environment for traders on this first-of-its-kind privacy DEX.

About FairySwap
FairySwap is a next-generation DEX, powered by zero-knowledge proofs, that is focused on privacy, front-running resistance, and community participation. 100% of all tokens will be given to the community through liquidity mining, marketing promotions, and other rewards, leaving none to be unfairly allocated to venture capitalists or insiders. Providing fast trades with low fees in true privacy - that's the magic of FairySwap!

To learn more, visit https://www.fairyswap.finance/about

About CertiK.io
CertiK is recognized as a leading blockchain auditing firm, trusted projects like Polygon, Binance, and PancakeSwap. Its thorough, formal, and reliable verification tools and high-security standards make it a necessary partner for any DEX. Leveraging the most advanced security technology, it protects millions of users from hacks and malfunctions.

More on TelAve News

• Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
• Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
• Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
• Winners Announced for Asia Pacific Business Awards 2024-2025
• Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage

With increased security for its users, FairySwap leads the way in private finance - or PriFi - the newest advancement for DeFi trading.

###

Join Our Communities to Learn More About FairySwap, and stay updated:

Telegram:  Community Channel
Twitter Handle: @fairy_swap
Website: https://www.fairyswap.finance/about
Github: https://github.com/Fairyswap
Medium: https://medium.com/@fairyswap
Discord: https://discord.gg/wUT7DmRRs4