Heard of CAFESWAP FINANCE?
“CafeSwap is a yield farming and staking platform on BSC Chain, We have chosen BSC because of its low tnx fees and faster speed. We have built this project to provide the best experience with farming while regulating the supply, We believe in partnerships hence we aim to bring all BSC DeFi ecosystems in one place to have a friendly ecosystem for all of us.”
CAFESWAP FINANCE is built on Polygon and Binance Smart Chain Network, making it possible for staking and exchange possibilities of various tokens and currencies
CAFESWAP FINANCE POOLS.
The rewards that will be generating through the staking pools will be burned every Sunday on the given time slot.
All the transactions will be done with full transparency and proof.
It’s no more news that the staking apy is pretty high now and whales/peoples are generating free money without providing LP tokens to sustain the ecosystem.
This methodology will lower down the apy in staking pools and hence people will receive lesser rewards which will make $BREW more worthy.
What’s the total burn then?
50% Burn from dev fund + The rewards generated through staking + We will contribute another 20% to compound the staking pool every week.
We will continue this until the apy of the staking pool falls below 1000%.
After the apy drops below 1000% in the $BREW staking pool whole staking balance will be burned in a go which will be the highest $BREW burn of all time.
For this to work out we will be creating 2 new wallets
Burning $BREW which will be the staking wallet.
Team/Ecosystem Fund which will be the main dev wallet containing 30% amount generated every week and will be used to pay out moderators, partnerships, contest, and to the team for working
BURN MECHANISMS
Cafeswap token BREW is an inflationary token hence Cafeswap team behind the yard is developing effective burn mechanisms to tackle this problem.
This is the currently active burn mechanisms.
1. Dev fund burn 5% Weekly
2. Lottery Burn
3. DEX fees Burn(Buyback)
4. Smart Vaults(Buyback)
5. Initial Dex Offerings
For more information visit;
http://cafeswap.finance
https://twitter.com/CafeSwapFinance?s=09
https://www.reddit.com/r/Cafeswapfinance
https://discord.com/invite/zYGtBjkqsy
https://cafeswap.finance/pools.
https://polygondex.cafeswap.finance
