Panda Swap Defi is coming to BSC 🐼
Are you ready to ROLL with PANDA SWAP? 🐼
After witnessing many yield farms fail to deliver what they promise, the PANDA team have decided to come in and solve this problem for the community. By implementing several deflationary features, Panda Swap aims to provide a safe and sustainable yield farm for the community.
Safety 🐼
Panda Swap’s team have made sure that the community will be able to trust our yield farm with the following features in place:
- Migrator code removed
- PANDA token contract ownership transferred to MasterChef
- Initial liquidity burned
- Deposit fee capped at 4%
- Timelock activated after launch
Anti-bot 🐼
We will be holding a stealth launch on Tuesday, May 25 2021, 12:00 UTC.
Countdown: https://www.timeanddate.com/countdown/launch?iso=20210525T12&p0=1440&msg=Panda+Swap+Defi+Stealth+Launch&font=cursive
Contract addresses will not be given out until the time of the launch to prevent bots from setting up.
Contract addresses will be released here at the time of launch.
Initial PANDA minted: 500
Initial price: $4
Farming starts on block 7733333.
Countdown: https://bscscan.com/block/countdown/7733333
Anti-whale 🐼
To prevent whales from buying up the supply, we have implemented a 0.5% max buy of the total supply per transaction. This way, there will be a need for a lot of transactions for the whales to buy up a large amount of the supply.
Deflationary 🐼
The team have also implemented a 2% transfer tax per transaction, where 2% of PANDA will be burned automatically per transaction. Also, emission rate will be starting at 1 PANDA per block. However, this emission rate will automatically be reduced by 5% per 8 hours until it reaches 0.1 PANDA per block.
Also, all dev rewards will be burned periodically. Buyback and burns will be conducted when farming starts and we hit certain TVL milestones.
All these features and measures are in place to allow Panda Swap to be the next generation deflationary and sustainable yield farm.
Find us here! 🐼
Telegram: https://t.me/pandaswapdefi
Website: https://pandaswapdefi.com
Twitter: https://twitter.com/PandaSwapDefi
