Discover the future of blockchain with Chopsticks while savoring the rich flavor of the world's best and most delightful liquidity pools. Collect tasty rewards while dodging Unagi's deflationary effects (ウ ナ ギ). Strengthen the DeFi ecosystem on the Binance Smart Chain.
Contents:
About Chopsticks
The Chopsticks Protocol (powered by $ STIX) brings "elastic farming" to the Binance Smart Chain: an incredibly innovative (and surprisingly delicious) standalone compounding system, integrated into every liquidity pool. Sit back and enjoy a bottle of warm sake as you browse through some of the most attractive liquidity pools on BSC, with unmatched incentives, fun games and an innovative auto-add mechanism, not found anywhere else.
Some features:
| 1 | The proliferation of AMM and DEX like PancakeSwap to BSC has created a strong need for liquidity. |
| 2 | Liquidity is the lifeblood of any healthy and sustainable Decentralized Finance (DeFi) ecosystem. |
| 3 | This creates a clear incentive to stimulate liquidity. |
Eel or Unagi (ウ ナ ギ) is a legendary creature from Japanese folklore. Withdrawals from the liquidity pool (as a result of "bet withdrawals") are subject to a 5.0% penalty. The destruction of STIX tokens creates deflationary pressures that create additional incentive for STIX holders and resilient liquidity providers.
Sake Bomb — a delicious cocktail, made by pouring sake into a shot glass and dropping it into a glass of beer. At Chopsticks, everyone loves Bomba Sake because it is not only delicious, but also a vehicle for rewarding liquidity! Each pool has its own sake bomb, and each pool's sake bomb can be activated every 24 hours. This will launch a special mechanism to reward liquidity participants in the respective pool.
What else should you pay attention to?
A blog is available on the Medium platform. Articles about the project will be regularly published there.
From social networks, the community leads:
- twitter;
- telegram;
- discord.
Subscribe to stay up to date with all news and updates. The community has over 500 members. The smart contract has not been audited.