Gotta Go Fast in This BSC Season
Running down memory lane, one cannot miss this blue hedgehog.
SonicSwap is coming to Binance Smart Chain and is here to run you back to the moon!
With the rising FUDs, we are determined to create a safe farm for all to earn $SONIC during this tough time in crypto.
To prove ourselves, we have implemented the following in our contracts:
- Migrator code removed
- Initial liquidity will be burnt
- Masterchef ownership will be renounce
- Timelock will be implemented upon launch
To ensure that we have ample time to shill this project, we will be launching this project at the following dates:
LAUNCH: 26 MAY 11PM EST ⏰ https://countingdownto.com/?c=3620347
FARMING: 27 MAY 12PM EST ⏰ https://bscscan.com/block/countdown/7778000
Initial Price: $2
Token Supply: 250
To ensure that SonicSwap does not run into a dead-end, we will be setting the emission rate of $SONIC to be 0.5 $SONIC per block.
This way, $SONIC will have a long road to run since it will take a longer time for inflation to catch up.
Token contract will be released in our telegram group to prevent bots.
Features
- Anti-Whale: Based on our research, the users have grown fond of the Anti-Whale feature which puts a limit on how much a user can transact per transaction. Similarly, SonicSwap will be implementing this Anti-Whale feature with the maximum transaction being capped at 1% of the total supply at any given point in time. This way, the price will not change drastically in a short instance.
- Auto Liquidity Adding: Another favorable feature that we will be adding is Auto Liquidity Adding. This comes from the 5% transfer tax which will be broken down into liquidity adding and transfer tax burns which will happen every transaction. 3% will be used for adding liquidity to increase the pool, resulting in better pricing and lesser slippage.
- Tax Burns: The remaining 2% of the transfer tax will be burnt automatically by sending it over to the dead address. This way, the supply will be kept low, especially with the low minting rate of 0.5 $SONIC per block. The lesser the supply, the more valuable $SONIC token gets.
- Auto Emission Reduction: Our final measure to fight inflation will be to set an automatic emission reduction function to the codes. As seen from other farms, this is an attractive feature as it reduces emissions by reducing the minting rate. This will happen every 8 hours and the minting rate will be reduced by 5%. This will continue until the emission rate reaches 0.1 $SONIC per block.
Links
Make sure to follow us on all of our social media platforms to stay updated
Twitter: https://twitter.com/sonic_swap
Telegram: https://t.me/sonic_swap
Gitbook: https://sonicswap.gitbook.io/sonic-swap/
Website information
Website: https://www.sonicswapdefi.com/
To farm $SONIC: https://www.sonicswapdefi.com/tails
