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Axe Finance

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News

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Giorgi Kostiuk

11 minutes ago

What is Axe Finance?

What is Axe Finance?

If you are familiar with BSC yield farming, you must have heard of the famous food farm like Pancake, Kebab, or even the rug pulled Popcorn swap. All these platforms launched without a proper system like burning mechanism and timelock, and hope people will jump into the pool. We are taking this to the next level. We are now proposing a 2nd Generation yield farming mechanism that allows perpetual price increase with a sustainable and profitable farming yield with a timelock contract at launch!

1) UNIQUE BURNING MECHANISM

  • All farms take a 4% burning fee when you stake.
  • 3% will be used to purchase AXE Token and inject into the lottery pool.

2) OMEGA LARGE LOTTERY POOL

  • As 3% of the staking will go into the lottery, the lottery pot will be so huge that you can retire after winning the first prize.
  • 20% of the pot will be burnt to reduce the token circulation further.

3) CONSTANT PRICE PUMP!!

  • The 3% burning fee will be used to purchase AXE from the various liquidity pools.
  • For example: If people staked BUSD-BNB LP, 3% of the LP tokens would be used to buy AXE from various AXE pools.

4) HOW ABOUT RUGPULL??

· Removed migrator code (Inherited from Pancake swap)

  • Timelock already applied at launch! (24 hours)
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