SwanCake, Announces Its Launch on a Yield Farm and AMM Built on Binance Smart Chain Launch

SwanCake, a generation yield farm, and AMM decentralized exchange, is preparing to launch on Binance Smart Chain with new and exciting features

Moreno Valley, California–(Vehement Media – November 10, 2021) – Binance Smart Chain, one of the world’s fastest and most efficient blockchains, has grown to become one of the significant hubs of blockchain innovation due to its fast transaction speed, ease of use, and low gas fees. As a result, SwanCake finance, a next-generation yield farm and AMM built on Binance Smart Chain, is set to launch and disrupt the DEX sector with innovative and appealing features.

SwanCake would launch around November 20, 2021, with no presale or pre-mine for developers to promote transparency and fairness. From November 15, 2021, the native token, $SWAN, a BSC-20 standard type of token, will be available for purchase on PancakeSwap.

The vault is an essential feature of SwanCake finance that distinguishes it from other AMMs. The vault manages all of the farm’s deposited assets, and the vault’s proceeds are used to buy back and destroy $SWAN to increase liquidity on SwanCake. A smart contract uses 60% of all daily income to add liquidity automatically. SwanCake also has an automated burning mechanism in place, with 40% of daily proceeds used to buy back and burn $SWAN, its native token. SwanCake also has an anti-whale security measure in place, with transactions exceeding 1% of total supply automatically rejected. As total supply grows, the ratio will be reduced via Swancake’s smart contract.

SwanCake aims to lead the next generation of yield farms and AMM on the Binance Smart Chain by introducing a novel harvest lockup mechanism. SwanCake’s harvest lockup is a unique rewards lockup mechanism designed to limit the harvest frequency and prevent farming arbitrage bots from pumping and dumping to avoid the classic pump and dump mechanism prevalent in today’s cryptocurrency world. SwanCake rounds out all of these features with a one-of-a-kind on-chain referral program that allows users to earn $SWAN without depositing tokens. By referring other users to stake in farms or pools, you can earn 3% of their rewards in perpetuity.

SwanCake appears to have worked on exciting features for the DeFi community and will also be launching an airdrop campaign on November 10th to reward the SwanCake community. If you want to learn more about SwanCake finance, you can contact them via:

Twitter: https://twitter.com/swancakefinance?s=11
Telegram: https://t.me/swancake_finance

Media Contact:
SwanCake
Email: admin@swancake.finance

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Wallets, wallets, BTC wallets everywhere

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