Iceberg Finance — a brand new DeFi project developed by an experienced development team as a 3rd generation deflationary yield farm and AMM on Binance Smart Chain. In addition to the buyback mechanism, implemented by Goose Finance, the developers have implemented some unique innovative features on the IcebergFinance crop farm to combat the inflation problem, faced by most traditional crop farms and even Goose Finance.
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About Iceberg Finance
Unlike other deflationary farms, Iceberg Finance's creators have no plans to do tiered farming after launch. They explain this by the fact that there is no point in continuing to issue new tokens through multilevel farming.
Here are some important features that have already been implemented:
| 1. | Automatic emission reduction. |
| 2. | Hybrid recording engine. |
| 3. | Incineration with Ransom. |
| 4. | Referral program in the network. |
| 5. | Burning transfer tax |
| 6. | Timer added at startup. |
Initial ejection rate: 1 TIT / block Minimum ejection rate: 0.1 TIT / block. The emission level will be reduced by 3% every 14,400 blocks (~ 12 hours) automatically. 9.09% will go to the developer's address for further partnership and developer funds.
For every transaction (send, swap, farm, etc.) TIT has a transfer tax of 2%. 2% transfer tax will be incurred directly on every transaction. Use 2.5% + slippage to buy TIT on PCS or any other AMM. A slippage of less than 2% will cause the transaction to fail.
Social media and more
The project website runs in English. On the home page, you will find links to the white paper and blog. This way you can familiarize yourself with the project.
The community maintains pages on social networks:
- twitter;
- telegram.
You will find the latest news there and you can also chat with other members. The smart contract doesn’t have an audit.