SwapTuna — a new project, based on Binance Smart Chain, an innovative product from SushiSwap. It consists of two parts: Tuna Farm, which grows crops through liquidity, and Swap, which is a decentralized exchange. Like other types of SushiSwap products, TunaSwap uses the Automatic Market Maker (AMM) model.
Contents:
Description of the SwapTuna project
Once launched, anyone can participate in staking and mining on SwapTuna. TunaSwap liquidity providers can place bets on some of their LP tokens and earn Tuna tokens. The developers use the same token distribution mechanism as Sushi, with a 10x bonus for the first 200,000 blocks, which means that 1000 Tuna tokens will be issued in each of the first 200,000 blocks. After 200,000 blocks, each block will issue 100 Tuna tokens.
At an early stage, liquidity pools that can participate in mining: BNB-USDT, BTC-USDT, ETH-USDT, TUNA-USDT (x5).
Features of use:
| 1 | Like SushiSwap, TunaSwap distributes 10% of its funding to the founding team each time for development, future iterations, audits and more. |
| 2 | TunaSwap charges a transaction fee of 0.3%, of which 0.25% will help to reward users for adding liquidity. |
| 3 | The remaining 0.05% will go to the warehouse, which will help to receive rewards for token holders or buy back from the market to support the price. |
In a standard AMM DEX like uniswap, balancer, users get rewards for being liquidity providers. But when they have lost their liquidity, they can no longer receive any benefits. At TunaSwap, while users get rewards in the form of commissions, they can also use their LP tokens to earn a TUNA token on the farm.
Additional data
You can get information about the project through the "About" section. It describes all features and answers to popular questions. The site runs in English.
From social networks, the community leads:
- twitter;
- telegram.
Join to be the first to know about news and updates. The smart contract has not been audited.