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CitySwap Finance

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What is CitySwap Finance?

CitySwap Finance — the first profitable farm and AMM decentralized exchange with DUAL automatic liquidity acquisition, deflationary governance token model and many other features that allow you to earn and win tokens on the Binance Smart Chain.

Contents:

  1. About CitySwap Finance
  2. Additional information

CitySwap Finance — the first decentralized exchange of a profitable farm

About CitySwap Finance

CitySwap — the first profitability and AMM farm on Binance's smartchain to offer dual automatic liquidity. This is a creative mechanism, created by the CitySwap development team to raise the minimum price continuously. Each CTYS is subject to 5% transfer tax. The 4% transfer tax goes to the liquidity pool automatically. Every time you deposit your funds into the pool with a deposit commission, 25% of the deposit commission goes to the liquidity pool automatically, further increasing the minimum price. As explained in the Taxes and Incineration section, CTYS has a 5% transfer tax, 4% of the tax is added to the liquidity pool and 1% is immediately incinerated, which will help to reduce CTYS turnover and relieve selling pressure.

Transfer tax:

1 1% of the tax, burned immediately.
2 4%, added to the liquidity pool.

a farming reward lockup mechanism that helps limit the frequency of collecting rewards and prevents arbitrage bots from continually collecting and dropping. CTYS transfers over 0.5% of the total offer will be rejected. As the total supply increases, this ratio will decrease.

Issue rate: 100 CTYS / block. 2,800,000 CTYS / day. 9.09% to the development team to ensure significant project growth. Even if the token does not have a hard cap, the architecture / features of CitySwap will reduce supply and counteract inflation.CitySwap Finance

Unlike automatic liquidity when transferring tokens, this mechanism will use 25% of the BEP20, liquefied with the CTYS token, and add them directly to the liquidity pool.

Additional information

Instead of WhitePaper, there is another introductory document on the site. It contains the information you need to work. Future updates are in the RoadMap section.

If you want to stay up to date with all innovations, subscribe to the community on the following social networks:

  • twitter;
  • telegram.

Smart contract audit is available here.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.