KetchupSwap — an automated liquidity farm and decentralized AMM exchange, powered by Binance Smart Chain & Polygon, with many unique and creative features that allow you to earn and win.
Contents:
About the KetchupSwap project
KetchupFinance uses an automated market maker model, where users trade against a pool of liquidity. Each transfer of KETCHUP requires a tax of 5%. The 4% transfer tax is automatically added to the liquidity pool through the contract to increase the minimum price continuously. Transfer tax of 4% will help to acquire liquidity automatically. And the remaining 1% transfer tax will be burned out immediately. An online referral program was implemented to encourage users to invite friends to join. Referrers can earn 1% of their friends' earnings permanently.
Issue rate:
| 1 | 100 KETCHUP / block, will decrease every week or by the community as desired. |
| 2 | 2,880,000 KETCHUP / day. |
| 3 | 10% to the development team to ensure significant project growth. |
There is currently no hard cap on the KETCHUP offer, making it an inflationary token. Community members often point to this as a cause for concern, and while the development team understands the desire for a hard cap, there is a good reason why it is not expected to be installed in the near future.
By reducing the number of KETCHUPs, generated per block, developers slow down inflation. The deflationary mechanism will help to reduce the KETCHUP circulating supply, which will lead to a significant increase in the number of views.
What else should you know?
An introductory document is available on the site. You will find useful information, rules of work, as well as a RoadMap there.
Subscribe to social networks and stay up to date with all news and competitions:
- twitter;
- telegram.