Viking Swap (VIKING) is the next generation of Automated Market Making (AMM) decentralized exchange with a deflationary governance token model. We are your go-to yield farm running on Binance Smart Chain and Pancakeswap exchange, with lots of other features that let you earn tokens.
As with the current wave of second generation yield farms, the aim is to create a perpetual deflation token, the VIKING, with a continual burn mechanism in order to field an environment that can sustain long term gains with consistently high APR for greater earnings.
Burning Mechanism
We have implemented a perpetual burning mechanism that serves as a mechanism to ensure that VIKING is kept consistently high. In particular:
- A 4% burn fee will be charged at staking;
- 80% of the burn fee will be used to buyback VIKING and burn it;
- 10% will be sent to the developer’s address;
- 10% will be held in escrow for Viking Swap, for future projects; and
- We're in the process of introducing unique Viking NFTs as a further means by which VIKING will be burned so as to keep the value high.
Security
- Timelock added to contract at launch; and
- Removed migrator code (inherited from Pancake swap).