DunkSwap — 3rd Generation DeFi

vbnmgfherty
1 min readMar 28, 2021

DunkSwap — The 3rd Generation Deflationary Yield Farm on Binance Smart Chain

DunkSwap is a brand new DeFi project designed by an experienced development team as the 3rd generation deflationary yield farm.

Besides the buyback burning mechanism introduced by Goose Finance, we have implemented some unique innovative features on DunkSwap’s yield farm to fight against the inflation problem faced by most traditional yield farms and even Goose Finance.

Unlike other deflationary yield farms, we don’t plan to make layered farming after launch. Because we think it doesn’t make much sense to keep issuing new tokens by layered farming.

Here are some highlight features that have already been implemented:

  • Automatic Emission Reduction
  • Hybrid Burning Mechanism: Buyback Burning & Transfer Tax Burning (2% transfer tax will be burned directly during each transaction)
  • On-chain Referral Program
  • Migrator Code Removed
  • Timelock Added at Launch

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