GreenTeaSwap DeFi (TEA) — the next generation Automated Market Making (AMM) decentralized exchange with a deflationary governance token model. This is your farm, powered by Binance Smart Chain, with many other features that allow you to earn tokens.
Contents:
About the GreenTeaSwap project
In addition to the buyback mechanism, introduced by GreenTea, some unique innovative features have been implemented on the GreenSwap farm to combat the inflation problem, faced by most traditional farms and even Salt Finance.
Some features:
| 1 | A 4% deposit fee will apply to pools without $ TEA. |
| 2 | 75% of the deposit fee (4%) will go towards the buyback of the TEA and they will be burned. |
| 3 | 25% of the deposit amount (4%) will be allocated to the development and emergency fund. |
Token Swaps for TeaSwap - an easy way to exchange one BEP-20 token for another through automated liquidity pools. The AMM code is the same as PancakeSwap. The liquidity, provided to the exchange, comes from liquidity providers (“LPs”), who place their tokens in “pools”. In return, they receive FLIP tokens (TeaSwap liquidity provider), which can also be wagered to earn TEA tokens on the farm. GreenTeaSwap Pools allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”.
For example, if you put $ TEA and $ BNB in the liquidity pool, you will receive TEA-BNB LP tokens. The number of FLIP tokens you receive represents your share of the TEA-BNB liquidity pool. You can also redeem your funds at any time by withdrawing your liquidity.
Additional information
Instead of a WhitePaper document, the site has an introductory section as well as a link to the Medium blog. Subscribe to read the latest news.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram.