Our model ensures that the token’s value grows with time organically. We cannot help but to stress the keyword — sustainable. Read more about us on Medium at https://pumpkindefi.medium.com/welcome-to-pumpkin-defi-9de6f2a6f829.
Pumpkin Defi offers a sustainable set of liquidity pool, staking and yield farming system that runs on the Binance Smart Chain (BSC) network that provides attractive yields to the principal liquidity.
The pumpkin is a symbol of harvest time (one of our favorite words) and some say it represents abundance and prosperity — apt!
We envision a balance of demand and supply of the token to achieve a sustainable growth for $PUMP. With deflationary mechanisms built in, 1% of every $PUMP transaction will be burnt from the total supply. A portion of the total supply will be allocated for buybacks to manage inflationary pressure.
On the supply side, we aim to achieve a fine balance between providing attractive APY from staking and preventing the reward pool from drying up in an unsustainable manner, which we (and probably you) have observed in other projects. These projects offer obscene level of staking APY, only to run out in matter of days (and we know what happened finally in those kind of projects).