LionSwap — a brand new DeFi project, designed by an experienced development team as a 3rd generation deflationary yield farm. In addition to the buyback mechanism, provided by Goose Finance, the developers have implemented some unique innovative features on the LionSwap yield farm to combat the inflation problem, faced by most traditional farms, and even Goose Finance.
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About LionSwap project
Unlike other deflationary farms, the LionSwap team has no plans to develop multilayer farming after launch. Because there is no point in continuing to issue new tokens through multilevel farming.
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. |
There is a 4% charged commission when placing bets. Reburning will occur every 5,000,000 TVL. 25% of the deposit fee (4%) will be directed to buy back LIONs and burned. 50% of the deposit commission (4%) will be allocated to the development and emergency fund.
The initial ejection rate - 1 LION per block. And the emissions will decrease by 3% every 9600 blocks (~ 12 hours) until it reaches 0.1 LION per block. This mechanism will significantly reduce the total supply, make the token more rare and help to make $ LION more valuable to store.
Additional data
There is an introductory document on the site. With its help, you can familiarize yourself with the project in more detail. RoadMap is also presented there.
To join the LionSwap referral program, follow these steps:
- visit the referral page: lionswapdefi.com/referrals;
- unlock your wallet and get a unique referral link;
- share your referral link with your friends;
- earn 2% of your friends' earnings.
From social networks, the community maintains a twitter and telegram channel.