AntSwap — The Automatic Liquidity Acquisition Yield Farm & AMM on BSC

Antswap
2 min readJun 6, 2021

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Farming will start at block #8164500. You can view the block countdown on BscScan.

Fair Launch, No Presale, No Premine

About AntSwap

AntSwap is the automatic liquidity acquisition yield farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features that let you earn and win.

Main Features‌

Automatic Liquidity

Each transfer of ANT must pay a 5% transfer tax. The 4% transfer tax gets added to the liquidity pool through the contract automatically to raise the price floor continuously. And the liquidity will be locked and inaccessible.

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Automated Burning‌

As we have mentioned above, each transfer of ANT must pay a 5% transfer tax. The 4% transfer tax will be allocated to automatic liquidity acquisition. And the rest 1% transfer tax will be burned immediately. The whole process is automatic.‌

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Harvest Lockup‌

Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.‌

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Anti Whale

Transfer more than 0.5% of the total supply will be rejected. As the total supply grows, this ratio will be reduced.‌

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Deposit Fee Redistribution

A 4% deposit fee will be charged when users enter staking on AntSwap, but unlike other yield farms, we don’t plan to use the deposit fee to buy back and burn. It’s a waste of money. Instead, we will redistribute the 3% deposit fee to ANT holders to encourage holding.‌

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Referral Program‌

An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters can earn 1% of his/her friends’ earnings forever.‌

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No Migrator Code‌

The migrator code in the MasterChef contract has been removed.‌

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Timelock‌

Timelock has been added at launch.‌

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Trading Incentive‌

We plan to add a trading incentive mechanism to our own AMM dex. Users can earn tokens by trading on AntSwap. But different from traditional trading mining, the rewards on AntSwap for trading can be different tokens. Other projects can provide their own tokens as rewards for specified trading pairs. More details about it will be published later.

Useful Links

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Antswap

The Automatic Liquidity Acquisition Yield Farm & AMM on Binance Smart Chain.