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ElkDeFi Finance

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News

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What is ElkDeFi Finance?

ElkDeFi Finance — the latest generation of Yield Farm and AMM decentralized exchange, powered by Binance Smart Chain, with many unique and creative features.

Contents:

ElkDeFi Finance

About ElkDeFi Finance

ElkDeFi will use all LPs to generate income. These proceeds will help to stabilize currency prices and liquidity pools. These benefits will be automatically processed by the team on a regular basis and you do not need to pay additional GAS.

Distinctive features:

Automatic combustion mechanism 40% of each proceeds will help to buy back and burn ELK.
Automatic liquidity 60% of the income, earned each time, will be automatically added to the liquidity pool through the contract, and the price floor will constantly increase. Liquidity will be locked up and unavailable.
Protection from "whales" Transactions, exceeding 1% of the total offer, will be rejected. As the total supply increases, this ratio will decrease.

ElkDeFi Referral — a unique on-chain referral program that allows users to earn $ELK without depositing any tokens. You just need to invite other users to bet in farms and betting pools and you will receive 3% of the rewards they receive forever.

The deposit fee - 4% for farms/pools, not owned by ELK. The deposit fee - 0% for native farms/pools. 75% of this commission will help to buy back + burn ELK to increase the price.ElkDeFi Finance

Vault proceeds will help to buy back and destroy ELK, as well as increase the liquidity of ELK-BNB. In this way, the transfer tax is replaced and the losses, incurred when trading by an ELK user, are reduced.

More about defi app on Binance

There is an introductory document on the site. With its help, each participant can learn the features of the project and the rules of successful farming. The RoadMap notes future updates.

From social networks, the community leads:

  • twitter;
  • telegram.

There are already over 25,000 members. Subscribe and follow the latest news. If something happens to the ElkDeFi interface, such as a DDOS attack or a temporary failure, farmers will still be able to withdraw their tokens by interacting directly with the MasterChef contract.

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.