MayoToken (MAYO) — a farm for automatically raising liquidity and AMM on the Binance Smart Chain.
Contents:
About the MayoToken (MAYO) project
MayoSwap — an automated liquidity farm and decentralized AMM exchange, powered by Binance Smart Chain, with many unique and creative features that allow you to earn and win on this crypto platform.
An online referral program helps to encourage users to invite friends to join the farm. Referrers can earn 1% of their friends' earnings permanently. The migration code in the MasterChef contract has been removed.
Issue rate of this defi finance:
| 1 | 1 MAYO / block, will decrease every week or as desired by the community. |
| 2 | 28 800 MAYO / day. |
| 3 | 10% to the development team to ensure significant project growth. |
Currently, there is no hard cap on MAYO's offer, making it an inflationary token. The main function of MAYO - to stimulate the provision of liquidity to the exchange. Without block reward, there would be much less incentive to provide liquidity (LP fees remain, etc.). By reducing the number of generated MAYOs per block, inflation slows down. The important thing to know about a locked pool - the high annual interest rate and the emergency withdrawal feature. If you use it before the final block (in this example 10 days), you will lose 30%. This 30% will go to the commission address.
What else should you know about this decentralized app?
You will find an introductory document on the website. With it, you can study the project and the rules for working with it. The RoadMap section marks future updates.
From social networks, the community leads:
- twitter;
- telegram.
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