SwanCake Finance — the latest generation Yield Farm and AMM decentralized exchange, powered by Binance Smart Chain, with many unique and creative features.
Contents:
Description of the SwanCake Finance platform
SwanCake will use all LPs to generate income. These proceeds will help to stabilize currency prices and liquidity pools. These benefits will be processed automatically by the team on a regular basis and you do not need to pay extra gas. Deposit commission - 4% for farms / pools not owned by SWAN. Deposit commission - 0% for local farms / pools. 75% of this commission will help to buy back + burn SWAN to raise the price.
Other features:
| 1 | 40% of each proceeds will help to buy back and burn SWAN. |
| 2 | 60% of the received income will be automatically added to the liquidity pool each time through the contract, and the lower price limit will increase constantly. Liquidity will be locked and unavailable. |
| 3 | Transactions over 1% of the total offer will be rejected. As the total supply increases, this ratio will decrease. |
The developers use the "Harvest lockup" program. This is a unique reward blocking mechanism, used to limit the frequency of collecting rewards. It helps to prevent the arbitrage bots from constantly collecting and dumping.
The difference with SwanCake: all of the deposited assets on the farm will be managed by the vault. The proceeds from the vault will help to buy back and destroy SWAN and increase SWAN-BNB's liquidity. Thus, the transfer tax is replaced and the losses, incurred when trading by a SWAN user, is reduced.
More about the DeFi project
An introductory document has appeared on the project website. With its help, each participant can study the features of the site. There is a RoadMap with a plan for further development. Also, answers to questions are available.
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