Mustacheswap — an Automated Market Making (AMM) decentralized exchange, powered by Binance Smart Chain (BSC) and Pancakeswap. The reason why BSC was chosen - because of its low transaction fees and faster speed.
Contents:
Description of the project
The developers offer all lovers of farms a mechanism for growing crops. A deflationary governance token model operates with a unique burn mechanism to stabilize the MUSTACHE price in the face of massive disruption. Get rewards and lucrative income. Also, the Timelock contract was launched to avoid Rugpull.
The 4% commission will be used to purchase Mustache coins and burned to reduce the total amount of Mustache in circulation and stabilize the price. The remaining 1% will go to the development fund to improvise and further improve the platform. The incineration operation will be carried out manually to stabilize MUSTACHE's price. However, the frequency depends on whether any massive dump occurs.
Commission distribution:
| 1 | The deposit fee will help to buy back MUSTACH and burn them immediatelyя. |
| 2 | 10% of the deposit amount will go to the developer's address as payments. |
| 3 | 10% will be held in escrow for Mustacheswap for future projects. |
Mustacheswap token swaps - an easy way to exchange one BEP-20 token for another through automated liquidity pools.
When you make an exchange of tokens (trade) on the exchange, you will pay a trading fee of 0.2%, which has the next distribution:
- 0,17% - comes back to liquidity pools in the form of remuneration to liquidity providers.
- 0,03% - goes to the PancakeSwap treasury.
Mustacheswap pools allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”. When you add your token to the liquidity pool (LP), you receive LP tokens. For example, if you deposited $ MUSTACHE and $ BNB into the liquidity pool, you will receive MUSTACHE-BNB LP tokens.
Additional information
The site contains an introductory document with a description of the project, RoadMap and main features. Also, there is a blog on the Medium platform, where articles are available.
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The smart contract doesn’t have an audit.