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SkylineFinance

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News

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.
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Gustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
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Rajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
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Miguel Rodriguez

What is SkylineFinance?

SkylineFinance — the latest generation farm with many unique features on the Binance Smart Chain.

Contents:

  1. About SkylineFinance
  2. Additional information

SkylineFinance — is a decentralized exchange with Yield Farm

About SkylineFinance

Skyline Finance — the latest generation of Yield Farm and AMM decentralized exchange, powered by Binance Smart Chain and packed with many unique and creative features.

Features of the distribution of payments:

1 Every transaction (send, swap, farm, etc.) will be subject to a transfer tax of 7.5 percent.
2 Use 8 percent + slippage to buy SKY on PancakeSwap V2 or another AMM. 20 percent of the 7.5 percent transfer tax (1.5 percent of the transaction amount) will be burned with every transaction.
3 80 percent of the 7.5 percent transfer tax (6 percent of the transaction amount) will be automatically added to the liquidity pool through a contract to raise the minimum price continually. And liquidity will be locked and unavailable.

Transactions over 0.5 percent of the total offer will be rejected. As the total supply increases, this ratio will decrease. Deposit commission - 3 percent for farms / pools, not related to SKY. Deposit commission - 0 percent for local farms / pools. 75 percent of this commission will help with the buyback + SKY burn to pump up the price and redistribute to SKY holders when betting on Skyline Pools.

The platform uses a time-based reward lock. It helps to prevent the continuous collection and dropping of arbitrage bots.SkylineFinance

Skyline Referral — a unique online referral program that allows users to earn SKY in dollars without having to deposit tokens. You just need to refer other users to participate in farms and stake pools and you will always earn 2 percent of the rewards they receive.

Additional information

At the moment, there is no White Paper on the site. Instead, there is an introductory document. The RoadMap section marks future updates.

If you want to stay up to date with all innovations, subscribe to the community on these social networks:

  • twitter;
  • telegram.

The platform interface runs in English. 

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.