@everyone

Hey guys, appreciate the patience in regards to the $FOX drop

We're struggling with a small delay. Try to relax!

Progress made, the liquidity migration is now beginning. You will see liquidity moving from PALM and then added to FOX.

As mentioned, this is a sequence of events with multiple timezones, multisig transactions etc. Bare with us while we make sure it's done correctly. ?

Is it really a merger if it hasn’t made headlines? Absolutely, and we're all over the news, catching the eye of the biggest names in the industry! ?️?

- Binance: https://www.binance.com/en/square/post/7297094848810

- Tech Announcer: https://techannouncer.com/foxify-and-palmswap-announce-merger-to-form-foxify-labs-and-disrupt-the-decentralized-trading-space/

- Fintech Mode: https://fintechmode.com/press-releases/foxify-and-palmswap-announce-merger-to-form-foxify-labs-and-disrupt-the-decentralized-trading-space/

- CoinMarketCap: https://coinmarketcap.com/community/articles/662bbc9c17801324d49d855e

- Digital Journal: https://www.digitaljournal.com/pr/news/binary-news-network/foxify-palmswap-announce-merger-form-190464010.html

MOAR on the way! Keep an eye out! ?

Binance Square

Foxify and Palmswap Announce Merger to Form FOXIFY Labs and Disrupt the Decentralized Trading Space

*This Press Release is #Sponsored by Foxify In a transformative move within the decentralized finance sector, Foxify, a prominent trading platform on the Arbitrum network, is set to merge with Palms

*? Exciting News: Foxify & Palmswap are Merging! Welcome to FOXIFY Labs! ?***

Overview:
Foxify & Palmswap are combining their strengths in a significant merger that will enhance their offerings & streamline the experience for traders on decentralized platforms.

Exciting changes are on the horizon as Foxify & Palmswap, two platforms dedicated to enhancing the decentralized perps & P2P options trading experience, merge. Before we dive into what this means for you, let's quickly introduce both platforms:

FOXIFY (foxify.trade): A trading platform that thrives on the Arbitrum network, FOXIFY is designed for speed & efficiency. It stands out for its commitment to reducing the supply of its $FOX token, offering diverse trading options, & providing a unique, no-KYC funding program for traders. With a focus on real-time data accuracy, it's a platform for serious traders looking for growth & value.

FOXIFY is also developing FUNDED, a complimentary application to perps that brings Prop trading on-chain, disrupting a $6B a year industry, by offering users of the FOXIFY perps platform, the opportunity to qualify for a fully funded trading account within 7 days.

Palmswap (palmswap.org): Built on the BSC Network, it is known for its robust trading platform & innovative features like swift order executions, deep liquidity, negligible price swings, & Trade2Earn. Palmswap has built a loyal community around its product offerings & affiliate system. Operating with a strong development team, it’s a platform built for resilience & growth in the trading community.

Key Highlights:

Unified Platform: Merging synthetic perps, P2P options, integrated bridge, FIAT on-ramp, & Trade2Earn.
Innovative Features: Launching FUNDED to allow traders access to funded trades within 7 days, up to $250,000 in max trade size, while users retain 80% of the profits.
Community & Team Expansion: Merging our communities & teams enhances support & innovation—over 128,000 combined community members.
Token Benefits: A single deflationary FOX token, enhances rewards & value through organic burns.

What This Means for You:
Palmswap Users: Your $PALM tokens will convert to a predetermined strike price, seamlessly transitioning into the new system with no impact on existing $FOX holders.
FOXIFY Users: Enjoy expanded platform capabilities & community engagement without affecting your current holdings.

Exciting Future Ahead:

Leverage enhanced trading options & community events to maximize engagement & rewards.
Continued development & innovation to serve our community better.

Community & Support:
Join our unified community across various platforms to connect. These are the post-merge links for our combined community:

Discord: https://discord.com/invite/foxifytrade
Telegram: https://t.me/Palmswapchat
Medium Blog: https://medium.com/@foxifytrade
X: https://twitter.com/foxifytrade
Website: https://www.foxify.trade/
Trade Perps on Foxify: https://perp.foxify.trade/#/trade
Trade2Earn: https://perp.foxify.trade/#/event
Staking: https://perp.foxify.trade/#/earn
Whitepaper: https://docs.foxify.trade/

Read the Complete Merger Announcement: https://medium.com/@foxifytrade/foxify-and-palmswap-merge-to-disrupt-decentralized-trading-introducing-a-new-bullish-era-aa3be205201b

Thank you for your ongoing support. We are excited to start this new chapter with you at FOXIFY Labs, where we continue to innovate & grow together. Welcome aboard!

Discord

Join the Foxify Discord Server!

Welcome to Foxify! Next Generation P2P Trading Platform | 18889 members

⏰ Just a quick reminder you have until 14:00 UTC to put your Zealy quests in as at that time we'll archive all quests!
You will notice the timer does not match the actual end time of the Zealy Campaign anymore. This is done to have the campaign open still should Zealy Support require it to solve the XP discrepancy. Make the most out of the Zealy campaign, foxes! Just less than 2.5 hours left!?****

Thank you all for attending the Mega AMA live today and participating in the giveaway.

? ? ? So the winners of the Mega AMA on X (https://twitter.com/i/spaces/1dRKZEeNmEQxB) are: ? ? ?

Foxify $100 No-Lose Trade with Up to 50x Leverage (Winners)

#1 FoxifyRacer / @jmwracing1
#2 DrGonzo / @thinredline23
#3 CryptOch.id / @Cryptoch_id
#4 Revotril / @Revotrill
#5 ducklingyin / @ducklingyin
#6 Emanuel / @Emanuel77526837
#7 Mabdal / @abdalmahmudu
#8 J. Martin.fuel / @RJM_500
#9 Rob / @Rob69821027494
#10 SpUfi / @spufi77

$100 in $MELD tokens (Winner)
#1 Greggs Karanja / @Greggskaranja

NeoFilms Genesis NFT (Winner)
#1 CoviAlex / @Alex_Covasa

Congratulations to the Winners Please open a ticket in ⁠#?ticket-gateway in discord to claim your prize.

PS: If a prize is not claimed in the next 72 hours. We will pick a new random winner from our Discord community.

https://x.com/i/spaces/1OdKrjZwBLkKX

Not to be missed! ??

*?*? Bounty Campaign resumption & extension! ?*?*

?Attention all bounty hunters!?️‍♂️We're thrilled to announce that we're EXTENDING our current Bounty campaign by THREE WEEKS! That's right, you'll have 3 extra weeks in which to claim bounties and conquer one of the 40 leaderboard spots! We'll resume the campaign today, so keep those eyes peeled for new quests!!

⏰ The new end date for the campaign will be Sunday, April 21st, at 15:00 UTC. So mark your calendars and get ready to maximize your XP on our platform! ?️

? But wait, there's more! We're not just extending the campaign, we're also BOOSTING the rewards for places 4-40, with 4th place now worth a WHOPPING 88 ebFOX tokens!? In total, an extra 300 ebFOX tokens will be added to the total prize pool! ?

? Don't miss out on this incredible opportunity to level up your bounty hunting game and earn even more rewards! Keep hustling, keep exploring, and keep earning with Foxify!!?

? Here's the new Rewards Structure:

? Prizes Overview:
| Position | Prize |
|---------------|------------------------------------------- |
| ? 1st | Gold NFT |
| ? 2nd | Silver NFT |
| ? 3rd | Bronze NFT + 100 ebFOX |
| ? 4th-40th | Starting at 88 ebFOX down to 20 ebFOX |

Hope to see see you all soon, foxes!!? ?

As announced in Tuesday's bi-weekly update, the prop trading application will now be called FUNDED

Please see the updated lite-paper here: https://foxify-1.gitbook.io/foxify-trade2earn-litepaper

Trade2earn Will be the name of the feature which will provide 500 ebFOX in daily rewards for traders, split proportionate to volume by trader!

Enjoy!

foxify-1.gitbook.io

Intro to FUNDED | Foxify - FUNDED - Litepaper

Thanks to everyone for joining our Bi-Weekly AMA! Here are the meeting notes and the recording!

Platform Update
Perps has been live for a week, with limited values. Very strong performance with only minor points to address

Demo Platform Key differences between V1 & V2 are:
-UI/UX Overhaul for a professional trading experience - Easier to navigate, less scrolling,
-Quick order function - Enter margin, trade on chart.
-Customizable UI & Settings
-Multiple pairs - ETH/BTC
-Multiple trades on a pair automatically compound
-Ability to add withdraw margin
-Relaunched PLP

Next phase:
-Expanding liquidity in the next 24 hours - adding an extra $50,000
-Opening up to additional users - Form shared in Fox den today, access tomorrow.
-Team are working on code clean up and taking a cautious approach (which is valued)
-Assuming no issues, public push is imminent with more pairs added - With affiliate system already deployed. 10% for referrer (Stables) & 5% for referee (native)

Next steps/features:
-A bundle of trading features (1CT & SL/TP )
-Rewards for trading - 500 FOX per Day - Now Trade2earn
-UI/UX Deployment for Prop trading application

Prop Trading:
Changing name to FUNDED - Provides the unicity the innovation deserves

CMC Listing:
It's with CMC - Once the platform is fully public, we'll pay the additional fasttrack costs, no point now.

FOX Token price:
After a strong rise upwards for many weeks, we are experiencing a pullback. We would expect to be buying back around 2,500 tokens per day on November volumes.

Marketing:
The Bounty Campaign is paused pending resolution with Zealy - Update in the next 24 hours

We're officially 2 weeks into the Bounty campaign now and things are shaping up nicely!! We're almost 100 people strong at this point and it's amazing to see your dedication! To celebrate 2 weeks of Bounty hunting, we're switching it up a little bit with two extra quests, read all about them here!

1.Meme Contest
?? Calling all meme lords and crypto enthousiasts! ??

? Mark your calendars! Our meme-making extravaganza kicks off today at 17:00 UTC and will be running until Monday 15:00 UTC! ?

? The mission? Simple – unleash your creativity and craft the most bullish meme, centered around our vibrant ecosystem! ? Post your memes in our ⁠***?***・general\-chat !

? But wait, there's more! Prizes await the top meme creators in the form of Zealy XP. The Foxify Team will choose these winners. It always helps if a meme is popular in our community (so put some reacts next to the one(s) you really like!)

? 1st Place: 250 XP
? 2nd Place: 200 XP
? 3rd Place: 150 XP

? Drumroll, please! Winners will be announced during our bi-weekly update on Tuesday - https://discord.com/events/935066193679769650/1191775656871215256. Important: You must be present to claim your XP! ?****

? So, sharpen those wits, fire up those creative engines, and let's make meme magic happen! Get ready to turn the crypto world upside down with your bullish brilliance! ?

See you at the starting line, meme masters! ?

2.Answer this question by joining in or listening back to our Fox Den update today
Go to https://zealy.io/cw/foxifytrade/questboard/admin/19e6ded8-f268-4515-9570-4feb800ed161 to see the question and join our Fox Den AMA later today (https://discord.com/events/935066193679769650/1199775358292074556) to find out the answer! You will need to be part of the Fox Den in order to participate.

If you're not yet a Fox Den member, make sure to own at least 1000 ebFOX tokens, go to ⁠***?***・vulcan\-connect to verify your holdings and after verification, you'll be granted your Fox Den role and access to ⁠***?***・the\-fox\-den !

Next to these one-off events, we're of course also running our regular quests, including another Medium one. Here is the overview of XP to be earned today from daily tasks!

Discord

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