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Pineapple Finance

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What is Pineapple Finance?

Pineapple finance — Binance's new decentralized smart chain farm, known as the 2nd generation crop cultivation engine, which allows for continuous price increases with sustainable and profitable farm income with a Timelock contract at launch.

Contents:

Pineapple Finance

About Pineapple Finance

The Pineapple Finance developers want to create a token (PIN) so everyone can farm it. The ultimate goal - to create an NFT marketplace, using $ PIN for exchange.

By changing the contracts, the following problems were resolved:

1 Large funds come in and out, creating significant fluctuations.
2 Constant creation of stablecoin tokens without any contribution.
3 Insufficient burning of tokens

The ongoing combustion is done manually to stabilize the price when massive landfills occur as we try to promote long term crop production instead of pump and landfill.

The transaction fee during staking will help to buy Pineapple tokens and burn them. The current transaction fee is lower than regular DeFi, which is only 3%. If the token price is stable enough, it will be possible to set the deposit fee lower than it is now.Pineapple Finance

At a rate, all farms burn 3%. 2.5% will be spent on buying and burning tokens. The remaining 3% will go to the developer's address.

Future of the project:

  • Partnership with another project or farmers.
  • Using audits, social contests and advertising.

Pineapple financial will provide NFT in the near future and create a Pineapple NFT marketplace. People can buy and sell NFTs, using pineapple tokens (PIN). Each of you can create NFT and sell on this market, part of the exchange fee will be burned automatically.

Additional information

At the moment, an introductory document is available on the site. Also, the community maintains a blog, where articles are available regularly.

If you want to stay up to date with all innovations, subscribe to social networks:

  • twitter;
  • telegram.

You can also leave your e-mail address on the site to receive a newsletter with project news. The smart contract has not been audited.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.