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TakoDefi

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The fiat value of incoming dapp transactions over a period of time
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The total fiat value of assets in a dapp's smart contracts
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News

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Maria Gutierrez

What is TakoDefi?

TakoDefi — a new crop growing platform, powered by BSC.

Contents:

TakoDefi

Description of the TakoDefi project

To buy TAKO, you will need to go to the Apeswap exchange. You will see a warning from Apeswap, marked "I accept" that you need to supply. Enter the amount of BNB (or other cryptocurrency) you want to exchange for TAKO. If the message “Insufficient liquidity for this trade” appears, wait a few seconds. Click the "Swap" button and confirm the exchange. After completing these steps, you will become the owner of TAKO.

Some features:

1 Pools allow users to receive a TAKO reward for each new block, based on stacked tokens.
2 Unpacking tokens from the pool will automatically collect all rewards, available to you.
3 This is a good way to save on gas bills.

TakoDefi liquidity pools allow anyone to provide liquidity through Pancake LP. When they do, they will receive LP tokens. For example, if someone deposits $ TAKO and $ BNB into the pool, they will receive TAKO-BNB LP tokens. These tokens represent a proportional share of the pooled assets. Every time a user exchanges $ TAKO for $ BNB, a commission is charged during the transaction. Part of this deal comes back to the LP pool.

You need to provide tokens in a 1: 1 ratio to the liquidity pool. This means that if you add a TAKO-BNB pool and want to provide liquidity of 2 BNB, you need to convert approximately 1 BNB into TAKO tokens through a swap.TakoDefi

An intermittent loss occurs when you provide liquidity to a liquidity pool and the price of your deposited assets changes from when you deposited them. The more this change, the more you are prone to intermittent loss. In this case, a loss means a lower value in dollars at the time of withdrawal than at the time of deposit.

Additional information

White Paper and RoadMap are not available on the site. Instead, there is an introductory document and a blog on Medium. The project runs in English.

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

Smart contract audit can be checked here.

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.