ShrimpSwap - a highly qualified team that believes that a deflationary token can bring many benefits. On the one hand, most other farms have inflationary tokens and there is no limit on the number of tokens that can be grown. On the other hand, SHRIMP is deflationary and the total supply will be limited, which guarantees the value of the token.
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About the ShrimpSwap platform
The developers believe that the current ecosystem of profitable farms is suffering from hyperdeflation, that is, an extremely large decline in the overall price of tokens on the blockchain.
This scenario creates a deflationary environment that is not in the interests of involved parties. To address this issue, the company developed a contract on Binance Smart Chain to combat endemic ecosystem hyperdeflation and boost investor confidence. Some features of the platform:
| Exchange | Token swaps on ShrimpSwap - an easy way to exchange one BEP-20 token for another through automated liquidity pools. The backend of the exchange uses PancakeSwap. |
| Liquidity | The liquidity, provided to the exchange, comes from liquidity providers (“LPs”) who place their tokens in “pools”. In return, they receive FLIP (ShrimpSwap Liquidity Provider) tokens, which can also be wagered to earn SHRIMP tokens on the farm. |
| Commission | When a user deposits tokens or LP, 0.5% of the 3% deposit fee goes directly to the entry's wallet. All funds in this wallet from the deposit fee will help to redeem SHRIMP and burn. |
In addition to commissions, received by liquidity providers on JustSwap and others not released yet, the company will run periodic liquidity programs to reward liquidity providers with additional AMA tokens for freezing their assets for a period of time.
Additional information
The site contains general data, a description of the platform. You can study the features of the platform in a special document. If you still have any questions, you can turn to the company's social networks. On social networks, you can take part in sweepstakes, promotions or just chat with other users to get information.