Bobcat Swap — a decentralized autonomous organization (DAO), created within the Binance Smart Chain ecosystem to make efficient crop growing available to all users. The Bobcat platform has yield farms, liquidity pools, a built-in decentralized crypto exchange and yield aggregators that use the most profitable investment strategy.
Contents:
Description of the Bobcat Swap project
The main priority of Bobcat - to maximize automation and maximize the ease of growing crops. The team has done everything possible to ensure that even users, who do not know anything about the blockchain and the DeFi market, can receive a decent income.
Yield farms — the easiest way to generate income. The user temporarily blocks a certain amount of BOBCAT and receives more BOBCAT as a reward, in proportion to the number of blocked tokens. Pools provide liquidity to decentralized cryptocurrency exchanges to keep them running. The user can choose the optimal pool for him, based on the number of participants and conditions. To receive the reward, the user needs to block BOBCAT and BSC at a 1:1 ratio in the pool.
Some features:
| 1 | To protect farmers from excessive volatility, the Bobcat Masterchef contract monitors the BOBCAT exchange rate situation. |
| 2 | If it falls, the contract buys out part of the tokens on the market and burns them. |
| 3 | Funds for this are obtained from fees for deposits in farms and pools and fees for trading on the Bobcat exchange. Half of all fees go to burning tokens and maintaining their price |
Yields are most efficient when the user responds quickly to market changes and changing conditions in pools and farms. Yield aggregators do this on their own. The user locks a certain amount of BOBCAT in the aggregator, and the aggregator moves funds between different farms and pools in order to maximize profit without undue risk. At the same time, the risks of using an aggregator are slightly higher than relying on pools and farms.
Additional data
The developers provide an introductory document with information about the project. The RoadMap section contains a plan for further development.
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