Weedswap.io — a harvesting app, decentralized exchange and automated market maker, powered by Binance Smart Chain and Pancake Swap. You can earn a reward ($ WEED) for providing liquidity and joining the farm / pools or take part in the lottery. Trade, earn and win tokens.
Contents:
Description of the Weedswap project
The project will act as a "launch pad" for new tokens in the seed farm offer function (coming soon) and you will be able to stake $ WEED to get other / new tokens.
Developers are really solving a billion dollar problem - they take non-bank banks and decentralize the market, freeing it from government control and empowering the community. The creators aim to make deflation higher than emissions by building deflation mechanisms into Weedswap products and performing manual burn and buyback. The goal - for more WEEDs to go out of circulation than the number of produced WEEDs.
Lottery conditions on Weedswap:
| 1 | Lottery ticket fee for 1 ticket: 1 WEED to be burned. |
| 2 | Single user lottery limit: there is no general limit, but only 50 can be purchased at a time through the UI. |
| 3 | When paying for one ticket, users receive a random combination of 4 digits, each of which ranges from 1 to 14, for example "1-9-3-2". |
Regular token burning is built into many of Weedswap's products (e.g. 10 percent CAKE burn, spent on lottery tickets) and more will be coming soon. The team also makes manual burns through farm and pool fees. Check the WEED Tokenomics page for details on current and future deflation mechanisms.
Social media and more
Instead of WhitePaper, the site provides an introductory document. Developers maintain a blog on the Medium platform, where they publish articles with news and updates. Explore RoadMap to see what's new.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram.
The audit of a smart contract can be checked at the link.