CosmicSwap is a yield farm and aggregator running on the Binance Smart Chain and uses Pancakeswap as the primary exchange. Before you get worried, it's not a pancakeswap/goosedefi clone.
The presale date is the 17th of May at 6 PM UTC.
Why is Cosmicswap different?Cosmicswap was created with a purpose. Our mission is to create a sustainable and lasting yield farm. That's why we took initiative to create a sustainability plan. The sustainability plan is a multi-stage plan that is set in place by having measures to ensure that this will not be a 'farm and dump' mentality from investors. Below are all the measures we have taken to ensure that it's sustainable.
Firstly, we changed our tokenomics. We looked around and used other yield farms failures as an example of what not to do with our project. Below is what we changed:
Our Max BNB allocation will be 7 BNB, this will reduce the number of people having maximum tokens. Even upon the token holder dumping their tokens, the price will not get affected.
Our Min BNB allocation will also be reduced to 0.2 BNB, this will allow more people to be token holders and spread the distribution of the tokens to prevent whales from forming.
There can only be a max supply of 205,000 COSMIC tokens in all the cosmos.
Only 100k tokens will be minted and distributed, (see below) meaning that the farms will mint the other supply which is MUCH MUCH lower than any other yield farm. However, does that mean the APR won't be high? Yes and no, naturally it will be high but due to the tokenomics, the price per token will be even HIGHER.
Tokenomics DistributionOf the 100,000 $COSMIC tokens:
60,000 will be distributed to presale wallets.
20,000 will be added to liquidity on Pancakeswap (and burnt).
5,000 will be sent to 0x000...0dead.
7,500 will be used for marketing.
7,500 will be sent to the team (locked for 6 months and unvested at 1/6th per month afterwards).
PresaleThe presale smart contract (which has been audited) will be used for the presale of COSMIC. The presale tokens will be released at 10% intervals for the duration of 10 days. The token price will be set by the amount of BNB we receive. For example, if you send 1 BNB and we raise 100 BNB then you will receive 1% of the presale token supply.
Presale Price: Depending on presale raise.
Launch Price: It will always be 20% more than the presale price no matter how much we raise.
Min. Allocation: 0.2 BNB
Max. Allocation: 7 BNB
Softcap: 600 BNB
Hardcap: 800 BNB
We will be launching a cross-chain v2 of the DAPP on Fantom. This will be huge for our community. There still hasn’t been a pancakeswap equivalent launched on the Fantom chain and we are positive that we can be the next one.We have also partnered with $HAPPY. CosmicSwap will be providing liquidity for the $HAPPY token with our farms which will allow lower price impact while also giving the LP providers our native token. On top of that CosmicSwap will pay out the 3% tax from adding to the pools to the $HAPPY charity wallet which will be used to donate to even more charities. This will be indefinite and will happen at launch. In return, we will be getting some exposure to the $HAPPY community and bringing them onboard our mission to the stars.
By the way, the team is doxxed/public!The presale date is the 17th of May at 6 PM UTC.
Where can you learn more?◀
https://cosmicswap.finance - view our site
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https://docs.cosmicswap.finance - learn more about the project
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https://cosmicswap.medium.com - read our blog
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https://twitter.com/cosmicswap - follow us on twitter
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https://github.com/cosmicswap - see our code
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https://t.me/cosmicswapen - join our telegram community
This is not financial advice, please do your own research before investing.
