LavaCake Finance - the Latest Generation Yield Farm on Binance Smart Chain
LavaCake Finance is latest generation yield farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features.
Main Features
Below are the main features that will be used in our products.
Transfer Tax
- Every transaction (send, swap, farming, etc.) of will be charged a 7.5% transfer tax.
- Use 8%+ slippage to buy LAVA on PancakeSwap V2 or other AMM.
- The transaction will fail if the slippage is less than 7.5%
Automated Burning Mechanism
30% of 7.5% transfer tax (2.25% of transaction amount) will be burned in every transaction.
Automatic Liquidity
Every transaction of LAVA will be charged a 7.5% transfer tax. The 5.25% transfer tax gets added to the liquidity pool through the contract automatically to raise the price floor continuously. And the liquidity will be locked and inaccessible.
Anti Whale
Transactions more than 0.5% of total supply will be rejected. As the total supply grows, this ratio will be reduced.
Harvest Lockup
We use harvest lockup based on time. Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.
Harvest Lockup will be set for 6 days (usually from Monday to Saturday), and you can only harvest on Sunday.
Referral Program
LavaCake Referral is a unique On-chain referral program that lets users earn $LAVA without depositing any tokens. You just have to refer other users to stake in Farms and Staking Pools and you will be earning 3% of the rewards they receive forever.
We will provide information about smart contracts and more in other articles