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Grizzly Swap

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What is Grizzly Swap?

Grizzly Swap — a 3rd generation deflationary profitability farm and AMM on Binance Smart Chain. It is a fork of Fullsail Finance that aims to recreate the success of Fullsail Finance while simultaneously innovating.

Contents:

Grizzly Swap дапп

Description of the Grizzly Swap project

Initial emission rate: 1 GRZ / block. Minimum emission standard: 0.1 GRZ / block. Emissions reduction: Emissions will be reduced by 3% every 9600 blocks (~ 8 hours) automatically.

Developers will implement transfer tax burning. Transfer Tax of 2% will apply to any $ GRZ transaction (shipping, trading, growing, etc.).Grizzly Swap

Any sale will result in an outright burnout of 2% property transfer tax. To buy $ GRZ on Pancakeswap or any other AMM, use 3% plus slippage. The transaction will fail if the slippage is less than 2%. Thus, the $ GRZ offer will be maintained and the $ GRZ will be able to maintain its value for a longer period.

Features, which are available in Grizzly Swap:

1. Automatic emission reduction (3% reduction every 8 hours).
2. Incineration with ransom.
3. Burning transfer tax (2% per transaction).
4. Buy Back and Burn (25% deposit commission will be used).
5. The migrator code has been removed.
6. Multilayer farming.
7. Lottery.

Deflationary pressure will appear through the introduction of automatic emission reductions, which will increase the cost of the GRZ. Until it reaches 0.1 $ GRZ per block, the issue rate will be automatically reduced by 3% for 9600 blocks. Unlike other crop farms, where developers manually reduce emissions, according to their own desires, the Grizzly Swap emission reduction logic is coded into a smart contract and will be applied every 8 hours.

Additional information

At the moment, there is no White Paper on the site. However, you can find out about the project through a special document or the Medium blog. Join the community to make this article part of the ecosystem.

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In RoadMap, you will find a list of the latest updates. 

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.