Dominator of the seas

KrakenSwap
1 min readMay 22, 2021

Automatic Yield Farming on BSC

It is apparent that we as farmers have all been out-beaten by bots on certain occasions like Fair Launch or Farming phase. This is where we stepped in and provide a safe yielding environment for our KRAKERS to stake $KRAK.

KrakenSwap was established for the sole purpose of providing a secure and conducive habitat.

How will we achieve that?

1. Anti Whale

We are implementing a transfer amount of 0.5% of the total supply PER TRANSACTION (i.e. 2 tokens per transaction). This will in turn curb price fluctuation while at the same time, prevents a high number of tokens from being purchase within a short period of time.

2. Stability in Pricing

We will enforce a transfer tax of 1.5% of every transferred amount of $KRAK. This 1.5% $KRAK will be burnt automatically. This is to ensure that the total supply will achieve stability.

3. Getting a better yield

We will implement an automatic emission system. This will provide an additional advantage to our early investors by providing them a better farm. We have input the emission reduction algorithm into the contract to be executed immediately, ensuring a healthy APR.

Links

Keep a lookout here for the latest update on more information about KrakenSwap!

Telegram: https://t.me/krakenswap

Website: https://krakenswap.org/

Twitter: https://twitter.com/KrakenSwap

Gitbook: https://krakenswap.gitbook.io/krakenswap/

--

--

KrakenSwap
0 Followers

Anti Whale | Passive Emission | Deflationary Burning Automatic Yield Farming on BSC