TenguSwap
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TenguSwap
Welcome to TenguSwap - The New Automatic Liquidity Acquisition Yield Farm on Binance Smart Chain and Polygon
Introduction
About TenguSwap
TenguSwap is an automatic liquidity acquisition yield farm and decentralized exchange running on Binance Smart Chain and Polygon with lots of unique and creative features that let you earn and win.
How it works
By stacking your funds in our farms and pools you will get rewards in our main token (TENGU). However, you'll have several choices on how to use your TENGU, the traditional yield farming method and our special feature for our long-term investors.
• You can use your TENGU to create LP TENGU/BUSD and TENGU/BNB to farm even more TENGU and you can also stack your TENGU in the TENGU pool.
• You can swap your TENGU for the token of your choice.
• You can swap your TENGU for our special token, the Great TENGU (GTENGU) to get rewards directly in BNB and BUSD. By stacking your GTENGU in Blessing Pools, your rewards will not be in TENGU or GTENGU but directly in BNB and BUSD (USDC and MATIC on Polygon).
The TenguSwap Model
Security
TenguSwap is an improved PantherSwap fork. Security is essential to us so we improved PantherSwap on various points, like the free use of tokens with transfer taxes without being exposed to the same exploit as Cerberus or Garuda, or a more secured referral contract. You can read more here.
After this important improvement work, it was essential for us to have it validated by a top tier audit company, that's why we asked Paladin Blockchain Security to audit us. They gave us several recommendations to improve and we followed them to finally obtain a more solid and secure code.
Main Features
Automatic Liquidity
EDIT 2021/08/25 (This optimization is for Polygon and will be applied to BSC in the next 48 hours) :
No more automatic liquidity
Each transfer of TENGU must pay a 6% transfer tax (instead of 8%)
Before edit:
Each transfer of TENGU must pay a 8% transfer tax.
2% gets added to the liquidity pool through the contract automatically to raise the price floor continuously. And the liquidity will be locked and inaccessible.
Automated Burning
EDIT 2021/08/25 (This optimization is for Polygon and will be applied to BSC in the next 48 hours) :
4% of transfer tax will be automatically burned (instead of 2%)
Before edit:
As we have mentioned above, each transfer of TENGU must pay a 8% transfer tax. 2% will be burned immediately. The whole process is automatic.
GTENGU Token conversion
EDIT 2021/08/25 (This optimization is for Polygon and will be applied to BSC in the next 48 hours) :
2% will be converted into GTENGU token and given to the sender of the transaction (instead of 4%)
Before edit:
The remaining 4% will be converted into GTENGU and distributed to the sender wallet. The whole process is automatic.
We created GTENGU with the medium to long term investors in mind. Investors who have GTENGU will have many opportunities and paths to earn more.
GTENGU can be swapped to TENGU at any time on our app. However we have plans to make GTENGU to play a bigger part in TenguSwap and will be announcing those plans soon.
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.
Anti Whale
Transfers of more than 0.5% of the total supply will be rejected. As the total supply grows, this ratio will be reduced.
Referral Program
EDIT 2021/08/25 (This optimization is for Polygon and will be applied to BSC in the next 48 hours) :
Referral boost! Now it is 4% of friends' earnings forever.
A 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.
Security
Security is our top priority here at TenguSwap, before launch we have already got our contracts audited. You can learn more about that in this section.
Last modified 8mo ago