AnchorSwap — First Automatic Multichain Liquidity Acquisition Yield Farm & AMM
No Presale, No Migrator Code, No Flash Loan Attack
AnchorSwap was launched at 21:00 UTC on https://anchorswap.finance
Why AnchorSwap ?
We are excited to introduce AnchorSwap, the first automatic multichain liquidity acquisition yield farm and AMM. Although we start with Binance Smart Chain, our mission is to run on several other leading blockchains offering features allowing you to use it easily and with peace of mind.
We would like to present main features of AnchorSwap and express our gratitude for your interest in our project and for joining our community.
Basic Information
Token Name: AnchorSwap
Token Symbol: ANCHOR
Contract Address: 0x4aac18de824ec1b553dbf342829834e4ff3f7a9f
Initial Blockchain: Binance Smart Chain (BEP20)
Initial Emission Rate: 100 ANCHOR/block
Max Supply: No Hard Cap
Main Functional Features
Anti Wale
Transfer of more than 0.5% of the total supply will be rejected. It will prevent pump and dump practices by big investors wishing to manipulate ANCHOR token price. This ratio will be reduced with time when the total supply grows.
Harvest Lockup
Harvest lockup is a lockup mechanism designed for farming rewards. It is a defense feature limiting the frequency of harvesting to prevent farming arbitrage bots from constantly collecting rewards and dumping them. Harvest lockup for native ANCHOR farms and pools will be setup on 2 hours, whereas the rest of the farms and pools will have attributed 8 hours.
Automatic Liquidity
Each transfer of ANCHOR token must pay a 2.5% transfer tax. 1.5% of this tax will be added to the ANCHOR liquidity pools automatically positively impacting ANCHOR token price. Automatic liquidity is locked in the smart contract and not accessible
Automatic Burning
As we have mentioned above, each transfer of ANCHOR token must pay a 2,5% transfer tax. The 1,5% transfer tax is allocated to automatic liquidity. The remaining up to 1% will be burned immediately and automatically.
Deposit Fee
A deposit fee of 4% is charged on every deposit into non-native ANCHOR farms and pools. It will be used to maintain the token’s value, to develop an ecosystem of AnchorSwap, and for marketing events. This can be adjusted in the future.
Referral Program
Our referral program has been implemented to incentivize community members to invite friends to join AnchorSwap. They can earn 1% of their friends’ earnings enjoying additional incomes.
Main Security Features
Because we take the security of your assets very seriously, we prepared a few protections against the malicious behavior of certain actors on the crypto scene.
No Migrator Code
The migrator code in the MasterChef contract has been removed. It means that developers have no access to the assets staked in the farms and pools.
Timelock
Timelock has been added to the MasterChef contract before launch. Delay for the first 3 days is set up for 6 hours. After 3 days it will be extended to 24 hours.
Anti Flash Loan Attack
We avoid the possible flash loan attack by eliminating a minting function in the contract. This way no one can harvest more ANCHOR tokens than he is untitled.
Emergency Withdrawals
In case of problems with AnchorSwap’s frontend such as a temporary outage or a DDOS attack, staked tokens can be still withdrawn by direct interaction with the
MasterChef contract.
You can call the EmergencyWithdraw function with the farm or pool ID to withdraw your tokens.
About AnchorSwap
AnchorSwap is the first automatic liquidity acquisition yield farm and AMM decentralized exchange running on Binance Smart Chain with numerous creative features that let users earn high APY through staking. AnchorSwap was fairly launched, with no presale, has no migrator code, and is immune to flash loan attacks. AnchorSwap fully supports CAKE-LP v2 staking. AnchorSwaps’ innovative features include Anti Wale measures, Automatic Liquidity, Harvest Lockup, Auto-Burning, Referral Program, Timelock, and Anti Flash Loan Attack mechanism.
Useful Links
• Website: https://anchorswap.finance/
• Application: https://anchorswap.app/
• Documentation: https://docs.anchorswap.finance/
• ANCHOR token address: 0x4aac18de824ec1b553dbf342829834e4ff3f7a9f
• Twitter: https://twitter.com/AnchorSwap
• Medium: https://anchorswap.medium.com/
• Telegram group: https://t.me/anchorswap
• Telegram announcments: https://t.me/anchorswapannouncements
