A new proposal has been posted to the Firo Crowdfunding System.
- Title: Pay using Firo for anything using Spark
- Author: reuben
- Proposal type: Committee
- Link: click here
Use this topic to discuss this proposal!
2 Likes
vsnation will expand buyfiro.app to allow payment to any supported coin including stablecoins and also integrate Spark address support. This means that users can pay using Firo Spark and then the merchant will receive the corresponding stablecoin/other coin payment.
In principle, I agree with most if not all of the proposal. I am new, but itâd seem to me like buyfiro.app is a good-looking website, offering an on-ramp for FIRO, which is hopefully getting amplified to pay with and⌠correct me if I am wrong, but somewhere you imply⌠selling as well, no?
While we definitely can see the proof-of-work with current website and shared volumes, metrics, and while I would not be asking for a proof-of-concept per se⌠Could we get some mockup images and even (optional) graphs explaining the infrastructure, the product as you have thought about it? How exactly you plan on implementing a pay-with-FIRO and selling-FIRO-to-site, for buyfiro.app? Iâd appreciate a more visual idea, if possible.
In my opinion, itâd help visualize better what you plan on building, e.g. what programming language itâll be coded with, will it be all FOSS-friendly (licenseâŚ) the front-end, at least, most exchanges, on/off ramps arenât FLOSS in the first place, will it be proprietary code, will you take this almost ~$5k donation to craft LP and bolster liquidity as a token for long-term maintenance of the project?
Discussion logs.
Discussions starts here: Telegram: View @firocfc
[9/4/2026 4:16 AM] Reuben Yap: Made @vsnation an Applicant so he can answer questions here directly
[9/4/2026 4:16 AM] vsnation: Feel free to ask any questions.
[9/4/2026 4:26 PM] Thorfried: Hello @vsnation, firstly, thank you for creating an app which is allowing more people access to Firo. Would it be possible for you to explain, in simple terms, how your app works and how it will cope as demand for Firo grows?
[9/4/2026 4:29 PM] vsnation in reply to Thorfried:
ââ¨Hello @vsnation, firstly, thank you for creating an app whichâŚ
buyfiro.app directly connected to MEXC liquidity, fullfillment of orders take up to 5 seconds, for big amounts a bit longer to provide best rates. You can swap any amounts, max order I had ~$50K.
My goal is to open Firo to all the markets. I know plenty of people who canât aquire Firo due to KYC on MEXC and so on. They can do that only on Uniswap, thatâs why I will provide liquidity there. If we have a liquidity, people can pay with Firo(can be paid any asset they want).
I integrate Spark to make it confidential, so people will able to bridge spark Firo to rsFiro and so on.
MEXC liquidity bought at buyfiro.app will be moved to uniswap to let more people aquire Firo and move Firo to truly decentralized way.
[9/5/2026 4:02 PM] Rottenero in reply to vsnation:
ââ¨Feel free to ask any questions.âŠ
Dropped a little something in the forum. Whenever you can. You could reply here if you wanted. I just think forum works best, for archival purposes.
Itâs all about personal preference at the end of the day.
Thanks for submitting your proposal!
[9/5/2026 4:09 PM] vsnation in reply to Rottenero:
Dropped a little something in the forum. Whenever you canâŚ
Thank you! Will do
[9/5/2026 9:22 PM] vsnation in reply to Rottenero:
Dropped a little something in the forum. Whenever you canâŚ
- I already got a Q about why buyfiro.app doesnât support sell?
A: Because of lack of bids. CEXs out of volume and orderbook so we canât support sell until we do arbitrage for rsFiro <> Firo (we do now) to be connected to Uniswap Liquidity too. After I provide 7000 FIRO to LP, price will become more sustainable by allowing more people enter on bigger checks.
Pay with Firo will work next way(Yes, itâs actually off-ramping Firo to any asset to pay with):
User flow:
- Select asset to pay with [Any Asset / Any Chain]
- Provide Service Payment address
- Send Firo
BuyFiro Flow:
- Confirmation of received Firo
- Selling Firo on MEXC + Uniswap
- Unlock user (same time when Firo received) USDT sending to destination service address.
Selling Firo using liquidity of MEXC + Uniswap LP:
- Received Firo
- Selling Firo depends on the price spread between rsFiro(uniswap) and Firo (MEXC) - Provide best quote to the user
- Unlock amount USDT
[9/5/2026 9:23 PM] vsnation: If needs more detailed, I can do that a bit later. Working on new updates for buyfiro.app now
[9/6/2026 3:08 PM] Antibit in reply to Reuben Yap:
ââ¨Yeah ask as many questions as you wantâŠ
First, why did you submit it and not the applicant?
Reuben name on the funding request automatically tips the scales in favor of acceptance
[9/6/2026 3:13 PM] Antibit: I mean, itâs a question of trust. If a leader says so, then itâs really necessary
[9/6/2026 3:13 PM] Reuben Yap: Thatâs a good point I wonât do it in future. To give context, I asked him if it was possible to improve buyfiro.app further especially in relation to selling or paying in firo. I was rather inspired by other implementations where you can pay for an invoice that is denominated in other currency but pay in firo
[9/6/2026 3:14 PM] Reuben Yap: He said he could if he could receive some additional funding for it
[9/6/2026 3:14 PM] Reuben Yap: I said core doesnât have much spare but it could be put to the cfc
[9/6/2026 3:15 PM] Reuben Yap: And I laid out some things that I personally think would be helpful for buyfiro
[9/6/2026 3:17 PM] Reuben Yap: I personally funded some improvements that went into bootstrapping the initial liquidity at buyfiro
[9/6/2026 3:19 PM] Reuben Yap: But this isnât a reimbursement it was more for a test to see if the service was useful and would be used. I self funded from my personal pocket just to jump start liquidity and to validate that this is all good before putting future improvements to the cfc
[9/6/2026 3:20 PM] Reuben Yap: Your point remains though that it should be made by vsnation instead of me and I wonât do it in future
[9/6/2026 3:25 PM] Antibit: Thanks for the clarification
[9/6/2026 3:33 PM] Antibit: The next question: does the buyfiro exchangerâs operating profit only go to the owner? Or is there (will there be) some kind of profit distribution based on investments already made and those made in the future?
[9/6/2026 3:34 PM] vsnation in reply to Antibit:
ââ¨The next question: does the buyfiro exchangerâs operatingâŚ
Yes, I have long term vision about Firo and all profit from buyfiro.app goes directly to Firo purchase. Buyfiroâs main goal to take as much liquidity from MEXC and push it to Uniswap to make it accesible for everyone, not just KYC passed people.
[9/6/2026 3:35 PM] vsnation: You could see that CEXs are dying, you have asks, but donât have bids. So you canât actually sell your tokens, thatâs what makes people afraid before they buy it(Can I sell after I buy it?).
[9/6/2026 3:35 PM] vsnation: My goal is to solve accessibility issues.
[9/6/2026 3:36 PM] vsnation: Iâm building a lot of stuff that Iâm not talking about. Itâs just me. I see how I can help and I do it.
[9/6/2026 3:36 PM] Antibit in reply to Antibit:
ââ¨The next question: does the buyfiro exchangerâs operatingâŚ
You didnât answer my question
[9/6/2026 4:01 PM] vsnation: Yes, profit goes to owner. Thereâs no profit distribution.
[9/6/2026 4:34 PM] Antibit in reply to AJay:
ââ¨:waving_hand:Greetings Committee members,âŚ
I am against donating 7000 Firo from CFC funds to the liquidity of someone elseâs exchange service, essentially in someone elseâs business. If an entrepreneur wants to have a better service and income, they will add new features and liquidity using their own resources. Or they will take outside investments and then share the profits with the investor
[9/6/2026 7:14 PM] Thorfried in reply to Antibit:
ââ¨I am against donating 7000 Firo from CFC funds to theâŚ
I understand your sentiment however I take a more nuanced view of the situation. Firo is really struggling with liquidity and this is an elegant solution to siphon it out of a CEX and pump it into DEX. Yes, @vsnation will benefit directly from the funding by gaining a bigger source of revenue from his swap service but it is a service which provides much needed help to the coins availability and eventual liquidity. The main risk that I see is that it is infrastructure which could be pulled at any moment by its creator. We can ask for reassurances that this is not his intent but ultimately it is a question of trust.
[9/6/2026 7:37 PM] Antibit: I completely agree that the coin lacks liquidity and exchange opportunities. Perhaps this is even the main problem at the moment. But we shouldnât increase the liquidity of other peopleâs exchange services through nonârepayable donations
[9/6/2026 7:41 PM] Antibit: In any case, this is my voite. And opinions may differ
[9/6/2026 7:46 PM] Reuben Yap: Valid points
[9/6/2026 9:20 PM] vsnation in reply to Thorfried:
The main risk that I see is that it is infrastructure which could be pulled at any moment by its creator. We can ask for reassurances that this is not his intent but ultimately it is a question of trust.
I have been providing my own liquidity for long time already when since day 1 I built buyfiro.app to make trades instant.
Liquidity goes not to my pocket, I reinvest everything I have for future users and take my risks. When I provide liquidity I take risks of Impermanent loss. Not many can take it at such marketcap, this is a primary problem. The more LP rsFiro has, the more accessible Firo for everyone.
[9/6/2026 9:23 PM] vsnation: Just guess the future. MEXC required KYC. MEXC lost High volume, doesnât have bids(demand). When MEXC delist token, what will be used next?
[9/6/2026 9:26 PM] vsnation: Via buyfiro.app many orders were proceed with BTC/DASH/ZEC & USDT(TRC20) already. For now I use MEXC liquidity only. When I connect Uniswap, it will be huge as buyfiro.app connected 2 LP providers(Uniswap, MEXC) into one liquidity distributor by providing best rates to the people.
1 Like
It may be even bigger than you think, a Uniswap pool would be huge, that would widen availability to several dex aggregators, like Matcha and 1inch, I want to say Pancake Swap as well. Great work put in.
Hi everyone! Iâm having temporary issues accessing Telegram. Please accept my vote via the forum. I vote - no.
1 Like
Itâs important to have âPay with Firoâ so people can sell & pay for any asset they want with $FIRO. Why? 1. Spark Integration = Total Privacy. 2. Direct connection to rsFiro LP (over $20K). If you go to MEXC and sell $4K in $FIRO, the price dumps 50%. If use BOTH, it will be 10%. Iâm building a connection between liquidity across all sources so people can buy & sell at much better rates than they can find elsewhere. Uniswap allows any av. user(who has MetaMask) without the need of downloading Firo Wallet to buy $FIRO in one click.
Ask yourself what happens when MEXC does a delisting. Where would you sell or buy Firo? All privacy coins will get delisted from CEXs in some time.
As we have four ânaysâ
Antibit
vaselexa
rottenero
nrsimha
Against 2 yays
Thorfried
ddadybayo
No vote:
jagmot
This proposal is denied and closed.
1 Like
Discussion logs.
[9/7/2026 4:25 AM] Jagmo in reply to Antibit:
I agree with your points. Is there some room @vsnation to add a repayment % with profits? I donât know the right percentage, perhaps something like 10% or 20% until the amount is paid back?
[9/7/2026 4:31 AM] Reuben Yap: To me I think itâs best to think of it as funding development and the bonus is that he is putting that money into LP
[9/7/2026 4:45 AM] Jagmo: hmm. Thatâs a good point as well
[9/9/2026 8:11 AM] Rottenero: Proposal votes from me:
- Pay anything with Firo: No. Though I see both sides and I understand the importance of it, I lean a bit stronger towards @firofanâs logic that it could be sourced, such liquidity, some other way, coming from a different source of funds.
- Spark names directory: Yes.
- Firo block explorer (and ElectrumX server): Yes.
cc. @AJayDono.
[9/10/2026 12:51 PM] Nrsimha: 1) no
2) no
3) yes
[9/10/2026 7:42 PM] vsnation: If you have any question regarding 1) proposal. Let me know.
Itâs important to have âPay with Firoâ to let people sell & pay with Firo to any asset they want. Why? 1. Spark Integration = Privacy. 2. Direct connection to rsFiro LP (over $20K). If you will go to MEXC and will sell $4K in $FIRO, price dumps 50%. If use BOTH, it will be 10%. Iâm doing connection between liquidity on all sources so people can buy & sell by much better rates they can find. Uniswap allows any av. user(who has Metamask) without the need of downloading Firo Wallet to buy $FIRO in one click.
Ask youself what happens when MEXC does delisting. All privacy coins will get delisted from CEXs in some time.
[9/10/2026 7:46 PM] ddadybayo:
- yes
- yes
- yes
cc @AJayDono
[9/11/2026 2:23 AM] Thorfried: Dear Firo community,
My assessment is that casting my votes in the following way is in the best interests of the ecosystem :
- Pay anything with Firo: Yes
- Spark names directory: Yes.
- Firo block explorer (and ElectrumX server): Yes.
Yours,
Thorfried
[9/11/2026 10:13 PM] Jagmo in reply to Reuben Yap:
FWIW after finishing review this morning, I would have voted
1 Aye
2 Aye
3 Aye
For 1, I was initially considering voting Nay but changed my mind after further reading and discussion here. I hope that we can figure out a new proposal to help improve liquidity in the DEX that will be acceptable to CFC members.
Does anyone have any ideas that would make the proposal better? Or perhaps only do part of the proposal for less funds? Happy to brainstorm ideas, I previously mentioned some sort of profit share idea to help repay funds as an idea.
[9/11/2026 11:37 PM] Reuben Yap in reply to Jagmo:
I personally funded 1 directly to vsnation
Update on Pay using Firo for anything using Spark by Reuben on behalf of (@vsnation)
All CFC members has voted and/or given their thoughts on this proposal.
Given that a majority has voted Nay for this proposal, it has been denied 
.
Yes/Yay
@ddadybayo
@Thorfried
@jagmot