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Wisteria Swap

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News

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What is Wisteria Swap?

Wisteria Swap has proven its safe and sustainable service model from Rug-Pull with RobiniaSwap. WisteriaSwap was developed, using a sustainable YieldFarm DeFi service, with most of the LP in the protocol, using the DeFi 2.0 system.

Contents:

Wisteria Swap

About Wisteria Swap

WisteriaSwap — a YieldFarm DeFi service in the form of DeFi 2.0 that overcomes the limitations of “liquidity mining” as most of the WST-BUSD LP belongs to the protocol. In addition to this, WisteriaSwap differs from the stablecoin system in that it preserves the integrity of the YieldFarm DeFi system.

Services that cannot control inflation by burning tokens will eventually decline. Thus, WisteriaSwap will meet many expectations.Wisteria Swap

This is why WisteriaSwap works together with a sustainable token burn model. Blokfiled.INC proves that sustainable YieldFarm services are possible with the RobiniaSwap fund system, the Delegate Farm system. Therefore, WisteriaSwap adds a deflation model that can control inflation.

Some features:

1. WisteriaSwap creates and maintains its own LP WST-BUSD, using an initial IFO and a deposit fee.
2. Since over 90% of the liquidity supply in the market will be provided by the protocol, WisteriaSwap could reduce the huge incentive to maintain the liquidity mining system, and that incentive could return to WST holders.
3. All WST-BUSD LPs, owned by Wisteria Protocol, are not hosted by WisteriaSwap and all LPs are held by the treasury.

WST is subject to 1% transfer tax. When users buy, sell, deposit, withdraw, lend or delete LP, 1% of the total amount will be deducted as tax and automatically burned. Perhaps, the property transfer tax will be changed in the future.

More about defi app

On the site, you can participate in the lottery. There is no general limit, but only 50 can be purchased at a time through the UI. When paying for one ticket, users receive a random combination of 4 numbers, each of which is in the range from 1 to 14, for example. "1-9-3-2". To win the lottery jackpot (50% of the entire lottery pool), users need to match all 4 numbers on their ticket in the same order as the 4 winning numbers. If you match 2 or more numbers in the correct order, you are also guaranteed to win a prize.

You can get more information through the introductory document. It has everything you need to get the job done. From social networks, the community leads:

Subscribe to follow the news. The audit of the smart contract has been verified and can be found at the link.

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.