truelove256
Fun Poster
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- Nov 12, 2020
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$FEAST
#LIQ+#RFI+#SHIB+#BUNNY+#FEG+#PIG, combine together to create #FEAST designed to make everyone FEAST!
Decentralized Finance (DeFi) has shattered all expectations in 2020, reaching a total market cap of 87B[imath]*and 51B[/imath]* in Total Value Locked (TVL).
Volume increased and DeFi users/projects migrated to Binance Smart Chain (BSC) due to the very high gas fees on Ethereum (ETH).
The new born BSC is now a big challenger to the established ETH, with TVL on Pancakeswap at 4.3B[imath]* compared to 4.6B[/imath]* on Uniswap.
With all the excitement building up, many of new projects are launched and unfortunately many scams have drained investor’s funds.
Not your keys, not your coins — when you farm or stake, you allow the smart contract to transfer your coins to the platform and become centralized. As a result, you have to trust the project and the team with your funds. That would be comparable to putting your savings in a bank or an exchange.
FEAST protocol provides an easy solution:
How is this possible? A 5% tax is applied on every transactions, of which 2% is distributed to holders proportionally to the amount held and 3% gets locked forever in FEAST-BNB liquidity in Pancakeswap/Uniswap. This means the yield is automatically compounded, without paying gas fees.
FEAST yield farming token includes the following deflationary mechanisms:
Fair Launch
FEAST has been stealth launched. 100% of FEAST supply was seeded as liquidity. That means no presale and no allocation to team members.
Unruggable
Liquidity is BURNT in Pancakeswap
Bsc Transaction Hash: 0xbedec02b33... | BscScan
Transfer 1,400 Cake-LP to Null: 0x000...dEaD | Success | Mar-14-2021 05:12:16 PM (UTC)
And Uniswap
Ethereum Transaction Hash: 0x14f33a5632... | Etherscan
Transfer 1,100 UNI-V2 to Null: 0x00...dEaD | Success | Mar-15-2021 01:17:04 AM (UTC)
And the ownership of the contract has been renounced on both ETH and BSC!
100% Decentralised
By transferring ownership of the contract, the dev has gifted FEAST protocol to the community.
Consequently FEAST is 100% community led, a coin by FEAST major for the MOST HUNGRY APES/DEGENS/FEASTers.
In 1 days, we have reached 1000 holders and 500 active members in Telegram, all enthusiastic FEASTers from all over the world!
Thanks,
FEAST
(Etherscan is showing 9 extra decimals, the token is 9 decimals. The supply is 9 decimals less, it shows correctly on BSCscan, DEXT and UNI)