Topic: Arctic (Read 98 times)

What is ArcticSwap?

ArcticSwap is an experimental yield farming protocol with a deflationary twist that rewards participants in the form of $ARCTIC rewards.
The platforms seek to offer an alternative to many issues which are common in BSC yield farming, namely:

          - Hyperinflation: platforms generally seek high APYs by allowing fast inflation of farming rewards, leading to a short platform life cycle.
          - Native Token Pools: platforms generally seek high TVL by offering high yields to non-native token pools, meaning those holding the platform
            token are diluted by participants yielding less risk.
          - Stakeholder Participation: platforms generally do not give the community a say in which pools to add to the rewards system.
            ArcticSwap aims to address all of these issues.



$ARCTIC Token

$ARCTIC is the native token of ArcticSwap.
Our polar explorers can start earning $ARCTIC rewards from the ArcticSwap right away by depositing into the following farming pools:


In total, 0.5 $ARCTIC will be distributed from the ArcticSwap per block.

The four native $ARCTIC pools will have the highest multipliers in order to support our earliest polar explorers and kickstart the Arctic Burn.
Three non-native pools will be added to support the ArcticSwap’s TVL. These pools were selected from trusted BSC projects that offer safe, community-bootstrapped liquidity pairings and will provide our polar explorers with exposure to the broader BSC Defi ecosystem.

Remember, $ARCTIC holders will be able to vote on additional community pools in the future.

Finally, the single-asset $ARCTIC staking pool will go live shortly after launch, offering $ARCTIC holders a straightforward way to compound their rewards.

A flat harvest fee of 5% is applied to withdrawals from all pools, which will be distributed to the development wallet.

The Arctic Burn — 1% Burn

When exploring the ARTIC, polar explorers need to be aware of the Arctic Burn.

All $ARCTIC transactions will be subject to a 1% token burn.

Contract Security

ArcticSwap is built from the original Sushi Masterchef contract — meaning our polar explorers can deposit safely with the security of a battle-tested protocol.
In addition to this tried and tested code base, we have implemented the following security enhancements:

          - Removed Migrator Function: meaning the LP cannot be migrated after deployment.
          - Timelock Contract: meaning that contract functions cannot be changed without 24 hours notice (NB: there are very few functions
            that could be maliciously changed regardless, but we have provided this for added peace of mind).
          - Removed Mint Function: Owner cannot mint new tokens besides the initial amount added to liquidity. Only the ARCTICchef contract
            can mint $ARCTIC rewards.

ArcticSwap Launch

✔ Token Contract: 0xd09A3a36B15037F5d59105D97B3A7ED0C029166A
✔ Arctic Contract: 0xBACD02BaA664A3a9D3e1001d7B9C4c19d1c8a3c4

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