LOKUM FINANCE - PROJECT DEFI (Binance Smart Chain)

in blockchain •  4 years ago 

image.png

If there is one trend from the biggest blockchain community in recent times, decentralization finance or commonly called DeFi is the answer. DeFi became quite popular because it integrated the core values ​​of blockchain into the existing financial business.

What is Lokum Finance?
LokumFinance is a Robotic Market Maker (AMM), Decentralized Writing (DeFi) application that allows customers to exchange tokens while providing liquidity through development and payments. It was shipped in April 2021 and is a decentralized exchange for exchanging BEP20 tokens on the Binance Smart Chain. LokumFinance uses an automated market builder model in which clients trade against liquidity pools. This pool is populated by clients who store their resources in the pool and thus receive a liquidity provider (LP) token.

This token can then be used to rebuild a large portion of the pool, as well as part of the trading fee. LokumFinance provides clients with the ability to trade BEP20 tokens, offer liquidity to exchange and provide expenses, bet on LP tokens to acquire MFIs, place MFI bets to earn more MFIs, and place MFI bets to provide identification of various exercises.

What is the qualification between validation and development?

  • BET: Offer
    bet your $ MFI, you don't have to waste time on anything other than the MFI.

  • AGRICULTURE:
    In a development petition, you need to offer liquidity to one of the pools on the development page and then stake your LP tokens. Both have advantages and disadvantages. Which one to choose depends on your strategy.

How to stake the MFI?
You can place your MFI bet on the Pools page by clicking on the small + sign after you have selected a location, select the total amount to bet and confirm.

How can I improve?
To develop, you must first offer liquidity to one of the pools, which you can find on the Farms page. After providing liquidity and receiving LP tokens at that time, select the pool you have participated in on the Estates page, confirm your agreement and then click on the small "+" sign, select the amount to stake and it is confirmed.

Provides liquidity: https://exchange.pancakeswap.finance/#/pool
Stake your LP tokens: https://lokum.finance/farms

Agricultural rewards
1 LKM / block.
28,800 LKM / day

Rewards will be decreased every two weeks by 10% (if necessary it will be divided by 2 according to the wishes of the community). This parameter will be led by the project owner first, then by the community.

10% will be sent to the developer's address for marketing, payment, and to fund future partnerships & strategic development

Cost
About 5% of the transaction fee (0 ~ 4%) will be used for donations. 95% will be used to buy back the MFI and burn as needed.

Burn
Burning is currently done manually to stabilize prices when there is massive dumping as we try to promote agriculture with long-term yields rather than pumps and dumps.

Details of

Launch
The Lokum Preale building will be added prior to ownership.
Farming will start on April 7, 2021 (Wed) at 11:40 UTC.

Tokenomics

image.png

Security
Migrator Code: To ensure complete security, migrator code has been removed from our contract with MasterChef.
Transfer of ownership: to fake independence, the owner of the MFI will be transferred to contract farming, which will increase liquidity.

Road Map (2021-2022)

  • P1
    Making Token for the 1st Team Meeting
    Request social profile validation at launch
    Pre-sale BSCscan Launch
    agriculture

  • Q2
    TechRate audits
    Ask
    CoinMarketCapListing lottery

  • Q3
    NFT

  • Compound Q4
    Vault

  • Q1-2022
    Auto in 2022

For more information:
Website: https://lokum.finance/
Whitepaper: https://docs.lokum.finance/
Twitter: https://twitter.com/FinanceLokum
Instagram: https://instagram.com/lokumswapfinance
Telegram: https://t.me/lokumswapfinance

Author: Amild
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2583828
My BSC wallet: 0xbf00577895715883E63C6694D33dA51b1cDEBDa8

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!