==== The FIRST yield farm on Matic ====
If you’re familiar with Binance Smart Chain, then you’ll be very familiar with yield farming. With the rise of Polygon, we decided it was time to move away from the centralisation of BSC and bring yield farming to the masses with next to nothing fees.
That’s why we’re presenting to you, POLYWHALE. The first yield farm on Polygon (Matic).
1) UNIQUE BURNING MECHANISM
- All farms take a 4% burn when you stake.
- 3% will be used to purchase KRILL and sent into the lottery pool (when it’s active).
- 1% will be used to further develop this platform with other sites
- Promotes long term staking
2) LARGE LOTTERY POOL
- As 3% of the burn will inject into the lottery, the lottery pot will be so huge that you can retire after winning the first prize.
- 20% of the pot will be burnt to reduce the token circulation further.
3) CONSTANT BUY PRESSURE!
- The 3% burn will be used to purchase KRILL from the various liquidity pools.
- For example: If people staked MATIC, 3% of the tokens would be used to buy KRILL from the market.
4) WHAT ABOUT A RUGPULL?
- Removed migrator code (Inherited from Pancake swap)
We are trying to use our knowledge from the gaming industry to build this perpetual yield farming site!
This is just our first step, we will be continuously looking for better burning mechanism’s to make this project great!
Website: https://polywhale.finance
