RottenSwap — a platform that rewards users for placing liquidity in the pool by minting and shares coins among those, who have participated in this liquidity (so called farmers).
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Description of the RottenSwap project
The higher the ROT volume, the more deflationary it becomes, potentially creating a positive feedback loop of increasing price / volume and decreasing supply.
RottenSwap is an exact replica of SushiSwap smart contracts, with a few exceptions:
| Firstly | Rotten Sushi token does not have a pre-prepared dev fund. |
| Secondly | These pools are designed to stimulate agriculture by providing liquidity for the ROT to dump onto smaller holders and increase their holdings. |
| Thirdly | Each transfer, 2.5% of the amount is burned and converted into MAGGOT tokens. MAGGOT tokens are pointless as they are highly inflationary, but RottenToken (ROT) is deflationary with sufficient transaction volume. The higher the ROT volume, the more deflationary it becomes, potentially creating positive feedback and supply reductions. |
Like most DeFi coins, the best way to get some ROT - to head over to UniSwap. Uniswap is a good way to trade ERC20 on the ethereum network. In 5 minutes you will become the proud owner of $ ROT tokens. ETH operations cost money. You should always keep some pocket money to pay for these costs ( gas costs). This price fluctuates throughout the day and can go from a few cents to $ 30.
Ownership of ZombieChef has been transferred to a management contract with a 2-day temporary lock for any subsequent changes. From now on, the RottenSwap community will make decisions about future changes to the RottenSwap protocol.
Additional information
At the moment, White Paper and RoadMap are not on the site. Instead, you can familiarize yourself with the features of the project through an article on the Medium site. If you want to stay up to date with all innovations, subscribe to the community on these social networks:
Smart contract audit is not provided.