Dear $MOD Hodlers,
We are extremely excited to announce the listing of $MOD on the Anyswap exchange. We will open MOD/FTM for trading starting on March 18th.
Anyswap is a multi-platform cross chain DEX with the lowest gas fees in the entire DeFi ecosystem. Utilizing the Fantom blockchain network, users only pay $0.00003304784 in fees.
How To Trade On Anyswap?
Select the Fantom Mainnet at the top right
Connect your wallet to Anyswap
Change your MetaMask network to Opera(Which you added above)
Select the pairs $FTM and $MOD
Change the gas price to 1 gwei(It will default to 22)
Click Confirm and you are done.
Costs of trading $MOD on the Fantom Network
So what are the transaction fees for performing a token swap on the Fantom Network using Anyswap?
As you can see in the below screenshot, these fees are amazingly low. There is absolutely no comparison to the fees of Uniswap on the Ethereum Network.
Let’s do some quick calculations to compare the fees, Fantom vs. Ethereum.
Uniswap on Ethereum(ETH/MOD)
Gas Price = 180 Gwei
Transaction Cost = 0.03043404 Ether ($54.16 USD)
Transaction Time = Confirmed within 30 secs
Anyswap on Fantom(FTM/MOD)
Gas Price = 1 Gwei
Transaction Cost =0.000086968 FTM ($0.00003304784 USD)
Transaction Time = Confirmed within 2 secs
How much does 10 Trades Cost Ethereum vs Fantom?
Low end ethereum gas cost set to 100 gwei
10 Uniswap Trades = $265.90 USD
10 Anyswap Trades = $0.0003304784 USD
Links to other articles relating to $MOD and Fantom
- Bridging $MOD from Fantom to Ethereum
- Bridging $MOD from Ethereum to Fantom
- Accessing your Trustwallet account on Fantom
- $MOD Listed On Anyswap
Fantom Network $MOD contract address
Ethereum Network $MOD contract address
Modefi: An Oracle Solutions Platform
Modefi’s mission is to bring decentralized trustless Oracle solutions to developers and businesses. Using multi-chain solutions Modefi is building interoperability that will drive adoption and true power to the blockchain ecosystem.
Fantom: Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps.
Anyswap: Anyswap is a fully decentralized cross chain swap protocol, based on Fusion DCRM technology.