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Topic: AnchorSwap - First Automatic Multichain Liquidity Acquisition Yield Farm & AMM (Read 63 times)

newbie
Activity: 2
Merit: 0
Binance Smart chain is just the beginning. We have a lot in our pipeline!
legendary
Activity: 1652
Merit: 1007
I think Anchorswap should stick with Binance Smart Chain. I hear the developers of BSC has some updates coming soon that will improve on yield farming.
newbie
Activity: 2
Merit: 0
No Presale, No Migrator Code, No Flash Loan Attack

AnchorSwap will launch at 18:00 UTC. You can view the block countdown on https://anchorswap.finance

Why AnchorSwap ?
We are excited to introduce AnchorSwap, the first automatic multichain liquidity acquisition yield farm and AMM. Although we  start with Binance Smart Chain, our mission is to run on several other leading blockchains offering features allowing you to use it easily and with peace of mind.
We would like to present main features of AnchorSwap and express our gratitude for your interest in our project and for joining our community.
Basic Information

Token Name: AnchorSwap
Token Symbol: ANCHOR
Contract Address: TBA
Initial Blockchain: Binance Smart Chain (BEP20)
Initial Emission Rate: 100 ANCHOR/block
Max Supply: Unlimited

Main Functional Features

Anti Wale
Transfer of more than 0.5% of the total supply will be rejected. It will prevent pump and dump practiced by big investors wishing to manipulate ANCHOR token price. This ratio will be reduced with time when the total supply grows.

Harvest Lockup
Harvest lockup is a lockup mechanism designed for farming rewards. It is a defence feature limiting the frequency of harvesting to prevent farming arbitrage bots from constant collecting rewards and dumping them. Harvest lockup for native ANCHOR farms and pool will be setup on 2 hours, whereas the rest farms and pools will have attributed 8 hours.

Automatic Liquidity
Each transfer of ANCHOR token must pay a 4% transfer tax. 3% of this tax will be added to the ANCHOR liquidity pools automatically positively impacting ANCHOR token price. Automatic liquidity is locked in the smart contract and not accessible

Automatic Burning

As we have mentioned above, each transfer of ANCHOR token must pay a 4% transfer tax. The 3% transfer tax is allocated to automatic liquidity. Remaining up to 1% which will be burned immediately and automatically.

Deposit Fee
The deposit fee of 4% is charged on every deposit into non-native ANCHOR farms and pools. It will be used to maintain the token’s value, to develop an ecosystem of AnchorSwap and for marketing events. This can be adjusted in the future.

Referral Program
Our referral program has been implemented to incentivize community members to invite friends to join AnchorSwap. They can earn 1% of their friends’ earnings enjoying additional incomes.

Main Security Features

Because we take security of your assets very seriously, we prepared few protections against malicious behaviour of certain actors on the crypto scene.

No Migrator Code
The migrator code in the MasterChef contract has been removed. It means that developers have no access to the assets staked in the farms and pools.

Timelock
Timelock has been added to the MasterChef contract before launch. Delay for the first 3 days is set up for 6 hours. After 3 days it will be extended to 24 hours.

Anti Flash Loan Attack
We avoid the possible flash loan attack by eliminating a minting function in the contract. This way no one can harvest more ANCHOR tokens than he is untitled.

Emergency Withdrawals

In case of problems with AnchorSwap’s frontend such as a temporary outage or a DDOS attack, staked tokens can be still withdrawn by direct interaction with the

MasterChef contract.
You can call the EmergencyWithdraw function with the farm or pool ID  to withdraw your tokens.

Useful Links
•   Website: https://anchorswap.finance/
•   Application: https://anchorswap.app/
•   Documentation: https://docs.anchorswap.finance/
•   ANCHOR token address: TBA
•   Twitter: https://twitter.com/AnchorSwap
•   Medium: TBA
•   Telegram group: https://t.me/anchorswap
•   Telegram announcments: https://t.me/anchorswapannouncements



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