LokumFinance is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.
It launched in April 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. LokumFinance uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees.
LokumFinance allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn LKM, stake LKM to earn more LKM and stake LKM to earn tokens of other projects.
Tokenomics
Token details
ChainTicker: LKM
Token address: 0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
Chain: Binance Smart Chain (BEP-20)
Max Supply: Unlimited
Farming rewards
1 LKM/block.
28,800 LKM/day
Reward will decrease every two weeks of 10% (if necessary will be divided by 2 according to the community wish). This parameter will be lead by the project owner first, and then by the community.
10% will be sent to the developers addresses for marketing purposes, payout, and to fund future partnerships & strategic developments
Fees
Approximately 5% of the transaction fees (0 ~ 4%) will be used for donation. 95% will be used for buying back LKM and burn according to necessity.
Burn
The current burn is done manually to stabilize the price when massive dumps happen as we are trying to promote long term yield farming instead of pumps and dumps.
Roadmap
1st Team Meeting: 21/03/2021
Token creation: 25/03/2021
Ask for social profile validation in BSCscan: 30/03/2021
Pre-sale launch: 30/03/2021
Farming launch: 07/04/2021
Listed in DexGuru: 11/04/2021
Listed in DappRadar: 12/04/2021
Listed in BscScan & BscScan Yield Farms: 13/04/2021
TechRate Audit Passed Successfully: 13/04/2021
Layered farming: Q3
NFT: Q4
Vault: 2022
Autocompound: 2022
Lokum Presale started
Presale address: https://app.bounce.finance/fixed-swap/4535
•Amount: 30,000 LKM
•Initial Price: ~ 1.00$
•Disclaimer: Unsold tokens will be burned fire.
Lokum Finance
The ultimate delighted yield farm with a burn and buyback burning program.
Lokum Launch
•Presale collect will be added before the farm start.
•Farming will start at 7th April 2021 (Wednesday) 11:40 UTC
Security
•Migrator code: In order to guarantee full security, the migrator code has been removed from our MasterChef contract.
•Transfer Ownership: In order to increase autonomy, LKM owner would be transferred to Farming Contract after adding liquidity
Tokenomics
•Token: $LKM
•Chain: Binance Smart Chain (BEP-20)
•Contract Address: https://bscscan.com/token/0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
•Initial Supply: 4,000,000 $LKM
•Supply limit: NO
•Initial Price: ~ 1.00$
•Initial Emission Rate: 1 $LKM per block
Burning Mechanism
🔥 Buyback & burning will be done manually in order to stabilize the token price.
Contracts
•LKM Token : https://bscscan.com/token/0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
•Masterchef: https://bscscan.com/address/0x8705eaba437A2DEf65b0e455C025EEc05d1ee4aB
For More Information Click Links Bellow:
Website : https://lokum.finance/
Whitepaper : https://docs.lokum.finance/
Twitter : https://twitter.com/FinanceLokum
Instagram : https://instagram.com/lokumswapfinance
Telegram : https://t.me/lokumswapfinance
cassano
https://bitcointalk.org/index.php?action=profile;u=1252736