The rise of DeFi (Decentralized finance) has brought with it the problem of impermanence loss, and because few investors understand the mechanics that generate impermanent loss, many have fallen into the high-APY yield-farming dilemma.
It’s understandable that seeing an APY of 100% or higher brings out the greed in most of us. Unfortunately, the ambitious trader is inevitably pushed out by early investors, who collect their winnings and cause the valuation inflated to pop.
BusdSwap is a hyper-deflationary token that pays investors for holding tokens and integrates the Buyback strategy used in the stock market.
BusdSwap will be the first ever decentralized finance (DEX) platform to offer automated Buyback.
What is Buyback and how does it work?
Companies may frequently declare an open market share buyback if a share has a low valuation and the potential to perform better in the future.
When corporations announce buybacks, investors are more likely to buy and hold.
Furthermore, when demand rises, the price will rise as well.
We choose to adapt the Buyback principle to cryptocurrencies at BusdSwap in order to make our token more desirable to own.
Mechanism
On each transaction, BusdSwap receives a 6% buyback tax, which is held inside the contract.
A portion of the repurchase value is utilized to instantly acquire tokens from the liquidity pool whenever a sell happens. After being purchased, those tokens are immediately burned.
So, what’s the big deal about that?
There are 3 benefits:
1. Increase in Market Value: Following the purchase of tokens from the Liquidity pool, a new BNB amount is put to the pool, and the amount of tokens is lowered, resulting in a price increase.
2. BNB for free
Because there are no tokens to sell in the future, burning those tokens is like adding free BNB to the pool.
3. Reliability and trustworthiness
Investors can be overly cautious and easily frightened by a bearish market. Investors will never experience more than two selling in a row due to the automatic buyback.
Advantages for Bonus Holders
On every purchase, 2% of the benefits are redistributed.
Join a trustworthy group of investors who believe in the BuyBack contract and see the potential for growth in putting it into practice. Investors will be more confident to purchase and hold after they see that the code works and that the contract automatically buys after each sell.
Breakdown of Taxes
⦁ Holders will receive a 2% bonus.
⦁ A marketing tax of 3% is charged.
⦁ The Buy-Back Tax is 6%.
⦁ 13% slippage
Current issue in the Defi industry: Many new initiatives make the huge mistake of giving up control of their contract in order to acquire the trust of the community.
Because most exchanges require minor revisions in the contract to list, this might drastically limit the project’s future growth.
- 5% Seeding Round
• 10% Private Sale
• 40% Presale
• 12.5% Founders and Team
• 12.5% Marketing + Partnerships + Airdrops
• 20% Liquidity Pool
TOKEN SALE DETIALS
1 BNB: 50,000 BUSDSWAP(Seeding Round)
1 BNB: 35,000 BUSDSWAP(Private Round)
1 BNB: 30,000 BUSDSWAP(Presale Sale)
1 BNB: 27,000 BUSDSWAP(Listing)
⦁ Min: 0.2 BNB
⦁ Max 2 BNB
$BSwap Contract Address
0x8fdba2cf33fc92f4c58edb9af768aaad88d0f2da
$BSwap Private Sale Address
0xEcD086805Ab82338929F8dDDDE0bE8542aF7CA03
