⚔️Sword Finance⚔️
Your Defi Rocket on Binance Smart Chain
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Your Defi Rocket on Binance Smart Chain
Last updated
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Sword Finance is a decentralized exchange running on BSC. Its revolutionary features gives you a farming experience like no other, where you will reap consistent, sustainable, high rewards.
Each transfer of $SWORD will involve a 4% transfer tax. 75% of the transfer tax gets added to the liquidity pool through the contract automatically, this raises the price floor continuously. This liquidity is automatically locked.
As we have mentioned above, each transfer of $SWORD will involve a 4% transfer tax. 75% of the transfer tax will be allocated to automatic liquidity acquisition. The 25% leftover transfer tax will be burned immediately. The whole process is automatic.
Transfers more than 2% of the total supply will be rejected. This only applies to buying and selling of $SWORD.
A 4% deposit fee will be charged when users stake non-natives on Sword Finance. What determines the failure and success of a de-fi application is how it spends the deposit fee. A big part of the fees generated by the farm will be used to maintain and sustain the visibility of Sword Finance in the crypto space, basically marketing. Deposit fees will also be used for buybacks.
An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters can earn 3% of his/her friends' earnings forever.
Our tax system supports users interacting with our Masterchef (staking, unstaking, harvesting etc.). While interacting with it only 1% is charged, which is added to Auto-LP as well. For normal transfers the regular 4% fee is charged.
In order to make our farming even more appealing and create a more stable native token price, our emission rate is reduced by 12% every 10 hours. Emission rate will start at 1 SWORD/Block. With this mechanism the token reaches its soft cap after ~14 days.
Soft capping $SWORD allows us to reward holders of $SWORD by introducing layered farming. Layers will be introduced every 12 days.
The migrator code in the MasterChef contract has been removed.
A 24hr Timelock will be added to the MasterChef contract before launch.
We are sick of projects that launch farms and immediately the price drops to $0. As such we have implemented special features such as Soft Cap and , which will make our Native Token $SWORD extremely valuable and rewarding to hold & stake. This will ensure the price keeps stable or increases as holding $SWORD tokens results in amazing returns with the launch of our layers.
