BinanceMax (RMARS) may be the next generation of Automated Market Making (AMM) decentralized exchange with a deflationary governance BMax model. It is your go-to yield farm running on Binance Smart Chain and Pancakeswap exchange, with plenty of other features that enable you to earn BMax s. Binance Smart Chain (BSC) is a blockchain network for launching applications predicated on smart contracts. BSC runs parallel to Binance's native Binance Chain (BC), allowing users to get the very best of both worlds: BC's high transaction capacity and BSC smart contract functionality. So, buckle up and be part of this splendid project on Binance Smart Chain.
BinanceMax and Binance Smart Chain
BinanceMax is running on the Binance Smart Chain and the Pancakeswap exchange; hereby, I believe it will experience enormous growth later in the world. The Binance Smart chain started with Binance. Its main focus is on facilitating fast, decentralized (or non-custodial) trade. It could come as no real surprise that Binance DEX, among the friendliest decentralized exchanges out there, may be the most significant decentralized application (or DApp). Binance Smart Chain (BSC) is most beneficial, referred to as a blockchain running parallel with the Binance Chain. Unlike the Binance chain, BSC offers smart contract functionality and compatibility with Ethereum virtual machines (EVM). The purpose of this design is to keep Binance Chain's high-performance intact while introducing smart contracts into the ecosystem.
BinanceMax (RMARS) Features:
1. Burning Mechanism
BinanceMax has implemented a perpetual burning mechanism that serves as a mechanism to ensure that APACHE is kept consistently high. In particular:
● A 5% tax fee will be charged for every transfer.
● 2,5% of the tax fee will send RMARS-BNB liquidity pool through the contract automatically.
● The rest 2,5% of the tax fee will be burned immediately.
● They are in the process of introducing unique BinanceMax NFTs as a further means by which RMARS will be burned so as to keep the value high.
2. Security
● Timelock added to contract at launch: Timelock has been added to the MasterChef contract before launch. Ownership transfer tx: after RMARS-BNB, RMARS-BUSD LP added.
● Removed migrator code: (inherited from Pancake swap): The migrator code has been removed from our MasterChef contract.
● Emergency Withdraw: If something happens to BinanceMax front end, such as a DDOS attack or a temporary outage, farmers can still withdraw their BMax s by direct interaction with the MasterChef contract. Call the emergencyWithdraw function with the farm or pool id to withdraw your staked BMax s.
● Diffchecker: MarsChefv2 contract forked from pantherswap. You can check the difference between the two contracts. There is no functional difference, just named change.
● Audit:As BinanceMaxis running on Pancakeswap Exchange, let's know about it briefly.
PancakeSwap Exchange
PancakeSwap, a decentralized exchange for swapping BEP-20 BMax s that uses an automated market maker (AMM) model. Simply put, that implies that users can trade digital assets on the platform. Importantly, there isn't an order book, and Instead, users trade against a liquidity pool.
Those pools are filled up with other users' funds. They deposit them into the pool, getting liquidity provider BMax s in exchange. They are able to use those BMax s to reclaim their share, and also a part of the trading fees. In a nutshell, you can trade BEP-20 BMax s or add liquidity and earn rewards. After the wallet has been created, users can trade on PancakeSwap. Users have to provide liquidity to earn rewards, while PancakeSwap also allows users to swap one BEP-20 BMax for another easily.
Binance Smart Chain PancakeSwap may be the largest and most trusted AMM for yield farming and staking, where BinanceMax also runs. With over $650 million in daily trading volume, PancakeSwap is a worthy project for farming and worth watching to see what developments are created in the coming months and years. BinanceMax platform offers you all the benefits. If you're a newbie in blockchain technology and buying a suitable platform for investing, then BinanceMax is here now for you.
Website: https://binancemax.net/
Twitter: https://twitter.com/Binance_Max
Email: [email protected]
Discord: https://discord.gg/nY9srxnFTU
Telegram: https://t.me/BinanceMax1
Forum Username: krypto taide
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2280617
Telegram Username: @chunloucksJ76
BEP-20 Wallet Address: 0x0d6573e8bD98851601EE0298Bf12e03b81c37c08