HoneyCake — a brand new DeFi project, developed by an experienced development team as a 3rd generation farm and AMM on #BSC.
Contents:
Description of the HoneyCake project
In addition to the buyback mechanism, implemented by Goose Finance, the developers have added some unique innovative features on the project farm to combat the inflation problem that most traditional projects and even Goose Finance face.
Here are some important features that have already been implemented:
| 1. | Reduced emissions. |
| 2. | Hybrid recording engine. |
| 3. | Ransom incineration. |
| 4. | Burning transfer tax. |
| 5. | Referral program in the network. |
| 6. | The migrator code has been removed. |
| 7. | Timer, added at startup. |
Unlike other deflationary farms, the developers have no plans to develop multilayer farming after launch. This is because there is no point in continuing to issue new tokens through multi-tier farming.
When placing bets, a 4% deposit fee is charged. Ransom incineration will occur every 1,000,000 TVL. 25% of the deposit (4%) will help to buy back HONEYCAKEs and burn them. 50% of the deposit commission (4%) will be allocated to the development and emergency fund. 25% of the deposit (4%) will help to purchase advertising and marketing.
Referral program of the DeFi project
HoneyCake Referral — a unique online referral program that allows users to earn $ HONEYCAKE without depositing any tokens. You just need to refer other users to participate in HoneyCake farms and stake pools and you will earn 2% of the rewards they receive forever. The migrator code has been removed from the contract with MasterChef. You can get more information about the project through a special introductory document. It contains a description, RoadMap with future updates, and more.
From social networks, the community leads:
- twitter;
- telegram.
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