BPswap

Introduction

Introduction

BPswap is a yield farming dapp running on Binance Smart Chain and Pancake swap exchange, with cool new features that let you earn and win MTN tokens.

We will be very transparent within this documentation and with the community,

The BPswap dapp and contracts code is available for public on our github. This is mainly a fork inspired by the great Goose Finance project and is EGG Token because we love the tokenomics of this project and want to improve it to the next level,

MTN is be a perpetual deflation token that result a constant price pump with a sufficient burn mechanism. We are not trying to replace the swap & exchange but to add value into the system and create a suitable and sustainable environment for people to yield farm with high APR.

Our farms and pools will be set up with stablecoins and value coins (BTC,ETH,BNB... and others from top 20 available on Binance smart chain). BPswap is dedicaced to conservative farmers who searching for big APYs with few or no impermanent lose (IL),

Features

Unique burning mechanism

We created a strong burning mechanism that increases the token price constantly :

  • 3% burn fee will be charged at each deposit on farms and 4% burn fee on pools (current rate that could evolve in the future)

  • The burning transaction fee (3% on farms and 4% on pools) will be used to :

    • purchase MTN and burn them : 30% of the total transaction fee.

    • farming : The BPswap's team will farm these burning transaction fee to create more value and to distribute it to the community (more details soon about the mechanism) : 50% of the total transaction fee.

    • airdrop and marketing : BPswap will make frequent cool airdrops and use a part of the transaction fee into marketing costs : 20% of the total transaction fee.

Earn

  • We will put all our energy to create true value to our token for every MTN holder and farmer!

  • BPswap's farmers will be able to earn from :

    • deposit different LP and coins to earn MTN

    • deposit MTN to get more MTN

    • distribution from interest earned with the transaction fee farming (more details soon about the mechanism but we will distribute big coins like BTC, ETH, BNB to MTN holders)

    • earn from holding MTN which will gain more and more value within the time

Security

We take the security of our farmers very seriously. That the reason we choose to start our project on Goose Finance inspired contracts which improve this :

  • Removed migrator code (inherited from Pancake swap) : This is a great improvement into security as the dev team we never be able to move and sell LP and coins deposited by the farmers. Mostly every fork of Pancake are dangerous because they copy the migrator code.

  • Timelock contract will be added on the ownership of the masterchef contract to even add more security after the complete launch of the main farms and pools (within 3 weeks after the official launch). We do not add the Timelock at launch because we will monitor and adjust rewards during launch period to keep a fair launch for everybody (see details below about this important point).

Audits

All of our contracts were audited by Certik and Techrate:

Our contracts are based on Goose Finance and this is great because Goose Finance has been also succesfully audited by Hacken and Certik. Here are the audit reports :

You can check and compare on our github and/or directly on bscscan that our masterchef contract is the same as Goose Finance masterchef contract. (look at contract page to get addresses)