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Tomyumgoong - a fair launch project with no pre-sale, no investor, and no

Binance

Cryptocoins Exchanges / Binance 204 Views

Intro

Tomyumgoong Finance is a decentralized exchange running on Binance Smart Chain and Pancake swap exchange. With our unique features, users are allowed to deposit their funds without a fee when they locked Goong in our secure smart contract. Moreover, this mechanic provides an option for users to avoid losing their initial balance. Therefore, this is a unique feature that isn't presented anywhere, we did write tests heavily.

What we are trying to do is to create a deflation token which called "Goong" that allows a constant price pump with a sufficient burning mechanism. We are not trying to replace the swap & exchange feature, but to add value into our system by creating a suitable and sustainable environment for users in order to yield farms with high APR.

Everyone can enjoy earning yield by staking in our platform without worrying about rug pulls because we can't. There's no migrate function, no backdoor, no delegate call, no proxy, and all contracts ownership are 24-hours timelock.

Features

Voucher

- Lock Goong in the Masterchef contract while depositing to ignore the deposit fee.

- Get your locked Goong back when you withdraw.

Earn

- We hope to create a Goong token for everyone who farms on Tomyumgoong Finance! Earn Goong, and other coins (to be determined) while staking.

Security

- Timelock added to contract at launch

- Removed migrator code (inherited from Pancake swap)

FARMING

GOONG-BNB (Deposit fee 0%, Reward 40x)

GOONG-BUSD (Deposit fee 0%, Reward 30x)

DOGE-BNB (Deposit fee 1%, Reward 5x)

ALPHA-BNB (Deposit fee 1%, Reward 5x)

BAND-BNB (Deposit fee 1%, Reward 5x)

ADA-BNB (Deposit fee 1%, Reward 5x)

UNI-BNB (Deposit fee 1.5%, Reward 3x)

CAKE-BNB (Deposit fee 1.5%, Reward 3x)

ETH-BNB (Deposit fee 1.5%, Reward 3x)

BNB-BUSD (Deposit fee 2%, Reward 2x)

BTCB-BUSD (Deposit fee 2%, Reward 2x)

USDT-BUSD (Deposit fee 4%, Reward 1x)

TOKENOMICS

Tomyumgoong Finance is a fair launch project with no pre-sale, no investor, and no pre-mine. We will reward various participants that help bootstrap our ecosystem. This will be the only way to earn Tomyumgoong tokens.

The total minted supply is 100,000,000 $GOONG and separately use as this list:

- 0.01% (10k GOONG) will be reserved for providing the initial liquidity.

- 70% (70M GOONG) will be reserved for yield farming for six months.

- 20% (20M GOONG) will be reserved for marketing plans, the unused GOONG will be burned. ????

- 9.99% (9.99M GOONG) will be reserved for the ecosystem & development fund (linearly unlocked by vesting period)

Burn mechanism

We will burn the token regularly to reduce the total supply. Each burning will be added here with the transaction link.

submitted by /u/glithycol1991
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