Sponge.finance — a high passive yield token that absorbs tokens from other transactions. SPG $ acquired percentage is calculated, based on the percentage of your holdings among holders. This is the best passive return possible.
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Description of the Sponge.finance
Sponge.finance — a resilient DeFi ecosystem at BSC. Earn Sponge, Soak / Steam tokens through profitability farms, token stacking or even passive income with a 5% $ SPG redistribution. The Soak token - the main token that will be issued by the dApp. He's here to give you tons of farming and staking options, and $ SPG worth. 2% of each transaction goes to the contract and will be used in the Soak the Sponge.
Some features:
| 1. | Токен Steam - an alternative token, issued by burning $ SOAK. |
| 2. |
It helps to give you farming pools, but also to add value to $ SOAK. |
| 3. | 1.5% of each transaction goes to the Steam Contract and will be used in Event! 1% of every transaction is burned. |
The maximum SPG stock - 100,000 deflation (0.16% burning / tx). Every SPG transaction is taxed at 6.66%. But SPG holders get a pro-rata redistribution of each SPG transaction. 5% of each transaction is redistributed, 1% goes to the developer wallet for future developers, partnerships, new pools and rewards, 0.5% goes to the BSC France organization, and finally 0.16% is burned.
STEAM - an unlimited supply. There are no emissions on STEAM; for MINT the amount of soak is calculated ÷ the total amount of steam × 20,000. Every STEAM transaction is taxed 1.5% and burned 1%, which means a 2.5% tax per transaction.
Social media and more
The site contains a large section with answers to questions. This will help beginners to understand the rules for using the platform. Developers maintain a blog on the Medium platform, where articles are available.
From social networks, the community leads:
Subscribe and follow the news. The smart contract doesn’t have an audit.