The idea for Rainbow Farm Finance arose out of frustration with endless clones that ask for 4-10% deposit fees without using their own tokens.
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About Rainbow Farm Finance
There is no transfer tax here, because the cryptocurrency is for free trade. 0-2% withdrawal fee - to ensure the smooth operation of the system and the buyback of RNBO from the market. The commission can be further reduced by placing an RNBO bet. It can be further reduced by placing the RNBO in its own pool. The % reduction will depend on the % RNBO rate, compared to the entire pool. Thus, if you keep 10% of the total RNBO bets in the pool, you will receive a 20% reduction in commissions. In addition, a bet for a longer period further reduces the commission. Anyone who places a bid for more than 90 days will not pay any commission.
All developer fees will go to the development and marketing, and if we ultimately have enough surplus, a royalty-split RNBO pool will appear.
The fees will be divided into 2 segments:
| 1. | 50% of the fees will help to buy the RNBO out of the market and distribute it to people, betting on the locked RNBO farm. |
| 2. | The other half of the commission will become BUSD and split in two. 50% of these - as a reward to the locked RNBO farm. Also, half will go to the marketing and development team. The use of the development fund will be available to everyone. |
Issue rate: 3 RNBO per block. 5% of the issue will go to the developer's address, which will help with marketing and development activities.
Social networks of a decentralized exchange
There is an introductory document on the site. Thus, everyone can find out about the features of the project. Future updates are in the RoadMap section.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
Smart contract audit is available at the link.