All about WardenSwap 👽
Something BIG is coming! 🚀
YES! We are the world’s leading Best Price Swap on Binance Smart Chain. And now we’re ready to fully launch our platform on 16.03.2021 📅
What is WardenSwap? 👽
Warden is the digital asset exchange platform by using Blockchain technology that relies on Binance Smart Chain (BSC). The big difference than the other swap on Binance Smart Chain is an algorithm to find the best rate for Binance Smart Chain automatically.
Now, we connected to Warden, Pancake, Bakery, and Julswap. For Belt, we are in the process of reviewing.
Warden is not just the exchange but protocol that can provide “Best Rate API” for our partners who have eager to use warden technology as the material of their product and develop their idea on top of the Binance Smart Chain.
Initial Liquidity Pools (LPs) for farming WAD tokens: 👨🌾
Reward multipliers:
- WAD/BNB (40x Rewards)
- BNB/BUSD (20x Rewards)
- BTCB/BNB (10x Rewards)
- ETH/BNB (10x Reward)
- USDT/BUSD (5x Rewards)
- CAKE/BNB (2x Rewards)
Initial WAD-BNB Liquidity:
150,000 WAD and 60 BNB tokens were used to seed WardenSwap’s WAD-WBNB pool. And all LP tokens will be burned🔥. So there will be no rug pull.
Burn Transaction: 🔥 https://bscscan.com/tx/0x8c261b164424a4e029f566e4faa690b7d759d4a93ca269fcd562c02a064418e7
Trading fee
Warden’s best rate platform applies a 0.1% fee but it free of charge if users hold WAD at least 10 tokens.
Pool fee
Warden’s pool applies a 0.30% fee which 0.25% will go to Liquidity Providers (LPs), and 0.05% will be converted to WAD tokens and given to WAD holders for Earn & Burn programs.
How will WARDEN release and distribute? ✨
WAD tokens will be gradually released to liquidity pools according to their respective reward multiplier (e.g. 5x, 10x, etc).
Early farmers (or as we like to think of them, early “WARDENers”) will be greatly rewarded in terms of the initial “WAD per block” release.
Initial release schedule:
- Period 1: First three days, 80 WAD minted per block
Daily distribute (Based on 28,800 blocks per day) — 2,304,000 WAD per day
- Period 2: Three days after, 40 WAD minted per block
Daily distribute (Based on 28,800 blocks per day) — 1,152,000 WAD per day
- Period 3: Three days after, 20 WAD minted per block
Daily distribute (Based on 28,800 blocks per day) — 576,000 WAD per day
- Period 4: First and Second year, 10 WAD minted per block
Daily distribute (Based on 28,800 blocks per day) — 288,000 WAD per day
- Period 5: Third year, 5 WAD minted per block
Daily distribute (Based on 28,800 blocks per day) — 144,000 WAD per day
In total, there will be 272,304,000 WAD tokens (85% of total supply) and the remaining tokens are reserved for the future and prevent whale holders who have WAD tokens too much. We want to create a powerful project in the long term.
The total supply of WAD is 320,000,000
📌We will start our rewards distribution on block 5,730,000 (approximately 16 March 2021 11.50 UTC time)
What does the WARDEN team get? 👑
- No pre-mine
- No pre-sale
- No investor
- 11% of the distributed tokens (or 9% of the total supply) will go to funding development to ensure sustainable and rapid innovation.
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