KONG Farm — the best automatic liquidity raising and AMM farm on Binance Smart Chain.
Contents:
About KONG Farm
KONG Farm - the best automatic liquidity farm and decentralized AMM exchange, powered by Binance Smart Chain, with many unique and creative features that allow you to earn and win.
There is an emission reduction that reduces emissions by 5% every 6 hours until a value of 0.0 / block is reached. This mechanism, combined with the transfer tax, ensures the long-term stable price of the token. KONG Farm has a 5% transfer tax on every transfer. 4.5% is burned directly and the remaining 0.5% goes to the treasury wallet. This deflationary mechanism will help to reduce the JUNGLE's circulating supply, which will significantly reduce selling pressure. According to the tokenomics scheme, each transfer must pay a transfer tax of 5%.
When users log into the farm at KONG Farm, they have to pay a 4% deposit fee:
| 1 | A deposit fee of 1% will go to the development team as a development fund. |
| 2 | A deposit fee of 3% will help to buy back and burn the KONG token. |
Burn rate: 95% of the transfer tax will be burned automatically Commission: 5% transfer to the treasury wallet. General transfer tax rate: 5% (fixed slippage min. 6%).
Additional data
The migration code has disappeared from the MasterChef contract. The timelock was added to the Jungle MasterChef contract prior to launch. If something happens to the JungleSwap interface, such as a temporary shutdown, farmers can still withdraw their tokens by interacting directly with the MasterChef contract. Call the EmergencyWithdraw function with the below farm or pool ID to withdraw your delivered tokens.
In the first 10 days, there will be no reduction in emissions, in the future, emissions will decrease by 9% every 12 hours! The supply cannot be more than ~ 56,000 tokens. 52,790 KONG in 15 days, maximum delivery in 87 days. You can get more information through a dedicated introductory document. There is a RoadMap with future updates.
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