Candy Swap
Why Candy Swap?
Introduction
Candy Swap (CANDY) is the next generation of Automated Market Making (AMM) decentralized exchange with a deflationary governance token model. We are your go-to yield farm running on Binance Smart Chain and Pancakeswap exchange, with lots of other features that let you earn tokens.
As with the current wave of second generation yield farms, the aim is to create a perpetual deflation token, the CANDY, with a continual burn mechanism in order to field an environment that can sustain long term gains with consistently high APR for greater earnings.
Features
Burning Mechanism
We have implemented a perpetual burning mechanism that serves as a mechanism to ensure that CANDY is kept consistently high. In particular:
A 4% burn fee will be charged at staking;
80% of the burn fee will be used to buyback CANDY and burn it;
10% will be sent to the developer’s address;
10% will be held in escrow for Candy Swaps future projects/vaults.
Security
Removed migrator code (inherited from Pancake swap).
Timelock will be used for extra security.
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