Cookie Finance — a future multi-chain insurance provider that uses wrapped farms to protect your assets. The farms are backed by their own $ CHIPS token to compensate users if their funds are stolen or blocked.
Contents:
Description of the Cookie Finance
Cookie Finance is at the forefront of fraud and exploit protection to ensure safe investment in a fast-growing ecosystem. Cookie Finance provides insurance to Binance's smart chain and is expanding to the Polygon network to create comprehensive policies to protect users. $ CHIPS help to protect your assets.
Some features:
| Burning | Tokens will be burned, according to the card with additional burns to regulate the supply. |
| Liquidity feedback | A percentage of the generated commissions will help to buy out CHIPS and add them to LP pools. |
| Commissions | On insured farms, you have to pay a withdrawal fee - 0.1%. |
For each on-farm $ CHIPS transfer, a percentage of the transfer tax must be paid. Part of the tax goes to buyback and the rest goes to APE LP to raise the minimum price. If necessary, a portion of the transmission tax goes towards the incineration of $ CHIPS in order to regulate the supply. The referral program helps to encourage users to invite friends to join farming and staking. Each insured farm is covered by $ CHIPS as collateral, which is automatically paid to users if the main farm has any withdrawal issues. As the project expands TVL, on-farm coverage will increase through a net positive cycle.
What else should you pay attention to?
There is an introductory document on the site. With its help, you can familiarize yourself with the project in more detail. Future updates are in the RoadMap section.
From social networks, the community leads:
- twitter;
- telegram;
- blog.
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