CafeSwap — a profit-growing and staking platform for the BSC network. The developers chose BSC because of its low transaction fees and faster speed. The project was created to provide a better farming experience while regulating supply. The team believes in partnerships and, therefore, strives to bring all BSC DeFi ecosystems together in one place to create a friendly ecosystem for all of us.
Contents:
About the CafeSwap project
The CafeSwap token (BREW) will be the main token that will power the entire ecosystem, including harvesting, staking and upcoming features.
There will be two tokens:
- CafeSwap Token (BREW);
- CafePool Token (CAFE).
The BREW token will be awarded to all farmers and staking transactions on the platform, and the CAFE token will be provided as proof of the stake token to all users, placing BREWs in stake pools.
The BREW supply will be controlled by incineration mechanisms and through a lottery system, there will be some other mechanisms to reduce the supply.
Available combustion mechanisms in operation:
- Dev Fund burns 5% weekly;
- Burn lottery;
- DEX commission burning (buyback);
- smart vaults (buyback).
The Cafeswap BREW token - an inflationary token, so the Cafeswap team behind the shipyard is developing efficient burning mechanisms to address this issue.
BREW Lottery
Lottery ticket price for 1 ticket: 1 BREW. Single user lottery limit: there is no general limit, but you can buy only 50 at a time. When paying for one ticket, users receive a random combination of 4 numbers, each of which ranges from 1 to 9. To win the lottery jackpot (50% of the total lottery pool), users need to match all 4 numbers on their tickets in the same position as the 4 winning numbers. If you match 2 or more numbers in the correct position, you are guaranteed to win a reward.
Winning ratio:
| 1. | Match all 4 numbers in exact order = win 50% of the pot (or split the pot if there are more than 1 winner). |
| 2. | Match 3 numbers in exact order = win or split 20% of the pot. |
| 3. | Match 2 numbers in exact order = win or split 10% of the pot. |
| 4. | Burn the remaining 20% of the bank. |
Please note: if none of the participants was able to match the 3 numbers in any draw, the 20%, allocated to the winners, will be burned accordingly.
Additional data
The site does not have a WhitePaper document, but it does include an introductory section and a blog. You will find useful information, RoadMap and much more.
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