LokumFinance Defi
LokumFinance
Lokum Finance has been listed art DappRadar, the starting point for dapp discovery and acts as a distribution channel for dapp developers that are looking to reach new consumers. LokumFinance is a robotized automated market maker (AMM) a decentralized record (DeFi) application that licenses customers to exchange tokens It's launched in April 2021 and is a decentralized exchange for swapping BEP-20 tokens on Binance Smart Chain. LokumFinance uses an automated market maker model where users trade against a liquidity pool and these pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. These tokens can later be used to reclaim their share of the pool as well as a portion of the trading fees.
LokumFinance is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return. LokumFinance uses an automated market maker model where users trade against a liquidity pool These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
The goal of the LokumFinance project is to bring trust and transparency to the Blockchain and cryptocurrency space, a platform that provides trust for both the service provider and the purchaser of purchases. The project has a good foundation, transparency, a high level of security and many other outstanding features. I am confident that the project will confidently attract large investors to participate. We believe LokumFinance is one of these yield farming protocols that’s capable of challenging the ones currently stealing the show, Here is the review of LokumFinance hopefully it provides clarity on the gold-mine status of the yield farming protocol.
Token details
ChainTicker: LKM
Token address: 0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
Chain: Binance Smart Chain (BEP-20)
Max Supply: Unlimited
Market Cap - $302,363.516
Total Value Locked (TVL) - $49,898.393
Farming rewards
1 LKM/block.
28,800 LKM/day
Reward will decrease every two weeks of 10% (if necessary will be divided by 2 according to the community wish). This parameter will be lead by the project owner first, and then by the community.
10% will be sent to the developers addresses for marketing purposes, payout, and to fund future partnerships & strategic developments
Fees
Approximately 5% of the transaction fees (0 ~ 4%) will be used for donation. 95% will be used for buying back LKM and burn according to necessity.
Burn
The current burn is done manually to stabilize the price when massive dumps happen as we are trying to promote long term yield farming instead of pumps and dumps.
Roadmap(2021-2022)
Q1
1st Team Meeting
Token creation
Ask for social profile validation in BSCscan
Pre-sale launch
Farming launch
Q2
Audit TechRate
Ask for CoinMarketCapListing
Lottery
Q3
NFT
Q4
Vault
Q1-2022
Auto compound in 2022
For More Information Click Links Bellow:
Website: https://lokum.finance
Dex: https://app.lokum.finance
DappRadar: https://dappradar.com/binance-smart-chain/defi/lokum-finance
Gitbook: https://docs.lokum.finance
Telegram: https://t.me/lokumswapfinance
Twitter: https://twitter.com/FinanceLokum
Farming starting block : https://bscscan.com/block/countdown/6358500
Medium : https://lokumswap-finance.medium.com/
Github : https://github.com/lokumswap
Author:
Bitcointalk Username: Haleema
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2888613
BEP-20 Address: 0x1d5ecf37Ff6941f2AB3a00c1A8749EC4f028E26b