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About Banksy Token
Banksy Swap is a new DeFi Yield Farming project on Binance Smart Chain. Token Info Name: BANKSY TOKEN Symbol: BANKSY Chain: Binance Smart Chain #BSC Contract: 0x957B82c9FF3E7D7d3B67A2Df9B84A200a7403ab1 How it works Like most of the yield farming on DeFi is done via liquidity pools. A liquidity pool is a smart contract that holds on to and locks the cryptocurrencies/tokens of investors. Liquidity providers contribute to the liquidity of a trading pair pool, such as BANKSY-BNB, by depositing their crypto (in this case BANKSY and BNB) in the pool, receiving LP (Liquidity Pool) BANKSY tokens in return. The assets in a liquidity pool create a market where the assets can be exchanged by traders. If there were no liquidity pool, it would not be possible for a trader to swap tokens, as there would be no “other side” of the trade. When an investor swaps tokens (e.g. BANKSY for BNB), he needs to pay a trading fee. This fee is paid to the liquidity providers in proportion to the amount of liquidity (BANKSY and BNB) they have added to the pool. An investor who “owns” a big part of the liquidity pool will receive more trading fees compared to an investor that provided little liquidity to the pool. The fee at Pancakeswap is fixed at 0.17% per token swap trading. Our team understand the triumph you feel when you find a good farm and the dejection of a rugpull. This farm is a collection of our team's view on what we think are the elements of a successful farm model. For this purpose, we decided on a low emission rate (0.5) to our platform. We believe this model will help end users earn maximum yields over an extended period of time.
Tokenomics
Banksy Swap is a new DeFi Yield Farming project on Binance Smart Chain.
Token Info
Name: BANKSY TOKEN
Symbol: BANKSY
Chain: Binance Smart Chain #BSC
Contract: 0x957B82c9FF3E7D7d3B67A2Df9B84A200a7403ab1
How it works
Like most of the yield farming on DeFi is done via liquidity pools. A liquidity pool is a smart contract that holds on to and locks the cryptocurrencies/tokens of investors. Liquidity providers contribute to the liquidity of a trading pair pool, such as BANKSY-BNB, by depositing their crypto (in this case BANKSY and BNB) in the pool, receiving LP (Liquidity Pool) BANKSY tokens in return.
The assets in a liquidity pool create a market where the assets can be exchanged by traders. If there were no liquidity pool, it would not be possible for a trader to swap tokens, as there would be no “other side” of the trade. When an investor swaps tokens (e.g. BANKSY for BNB), he needs to pay a trading fee.
This fee is paid to the liquidity providers in proportion to the amount of liquidity (BANKSY and BNB) they have added to the pool. An investor who “owns” a big part of the liquidity pool will receive more trading fees compared to an investor that provided little liquidity to the pool. The fee at Pancakeswap is fixed at 0.17% per token swap trading.
Our team understand the triumph you feel when you find a good farm and the dejection of a rugpull. This farm is a collection of our team's view on what we think are the elements of a successful farm model. For this purpose, we decided on a low emission rate (0.5) to our platform. We believe this model will help end users earn maximum yields over an extended period of time.
Additional Information
Burned LPs after token Launch
Vote for Banksy Today
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