LokumFinance is a Decentralized Finance (DeFi) application - ICO Project

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Tuesday, April 27, 2021

LokumFinance is a Decentralized Finance (DeFi) application


Introduction

LokumFinance is a robotized market maker (AMM) a decentralized record (DeFi) application that licenses customers to exchange tokens, giving liquidity through developing and getting charges thusly. It dispatched in April 2021 and is a decentralized exchange for exchanging BEP20 tokens on Binance Smart Chain. LokumFinance uses an automated market maker model where customers trade against a liquidity pool. These pools are filled by customers who store their resources into the pool and get liquidity provider (LP) tokens thusly.

These tokens can later be used to recuperate a great deal of the pool, similarly as a piece of the trading costs. LokumFinance grants customers to trade BEP20 tokens, offer liquidity to the exchange and secure costs, stake LP tokens to obtain LKM, stake LKM to get more LKM and stake LKM to procure identification of various exercises.

LokumFinance is a Decentralized Finance (DeFi) application that will allow users to exchange tokens, provide liquidity through the farm, and receive commissions in return.

It was launched in April 2021 and is a decentralized exchange for exchanging BEP20 tokens on the Binance smart chain. lokumFinance uses an automatic market building model in which users trade with liquidity pools.

These tokens can subsequently be used to reimburse their share in the pool, as well as part of the trading fees.

lokumFinance allows users to trade BEP20 tokens, provide liquidity to exchanges and earn commissions, place bets in LP tokens to acquire MFIs, place bets with MFIs to get more MFIs, and place bets with MFIs to receive tokens from other projects.

What is Lokum Finance?

LokumFinance is a Robotic Market Maker (AMM), Decentralized Writing (DeFi) application that allows customers to exchange tokens while providing liquidity through development and payments. It was shipped in April 2021 and is a decentralized exchange for exchanging BEP20 tokens on the Binance Smart Chain. LokumFinance uses an automated market builder model in which clients trade against liquidity pools. This pool is populated by clients who store their resources in the pool and thus receive a liquidity provider (LP) token.

This token can then be used to rebuild a large portion of the pool, as well as part of the trading fee. LokumFinance provides clients with the ability to trade BEP20 tokens, offer liquidity to exchange and provide expenses, bet on LP tokens to acquire MFIs, place MFI bets to earn more MFIs, and place MFI bets to provide identification of various exercises.

Lokum Development

Lokum-Finance is developed by an experienced and professional team, which uses Blockchain technology as the foundation of the Platform. Lokum-Finance is a robotized market maker (AMM) a decentralized record (DeFi) application that licenses customers to exchange tokens, giving liquidity through developing and getting charges thusly. It dispatched in April 2021 and is a decentralized exchange for exchanging BEP20 tokens on Binance Smart Chain. LokumFinance uses an automated market maker model where customers trade against a liquidity pool. These pools are filled by customers who store their resources into the pool and get liquidity provider (LP) tokens thusly.

Blockchain and LokumFinance

A blockchain is a special type of database. You may also have heard the term distributed ledger technology (or DLT) – in many cases, they're referring to the same thing. A blockchain has certain unique properties. There are rules about how data can be added, and once the data has been stored, it's virtually impossible to modify or delete it. Data is added over time in structures called blocks. Each block is built on top of the last and includes a piece of information that links back to the previous one. By looking at the most up-to-date block, we can check that it has been created after the last.

Binance Smart Chain (BSC)

Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike Binance Chain, BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of the Binance Chain intact while introducing smart contracts into its ecosystem.

How should you stake LKM?

You can stake your LKM on the “Pools” page by tapping on the little “+” sign in the wake of preferring the arrangement, pick the entirety you need to stake, and confirm.

How can I improve?

To develop, you must first offer liquidity to one of the pools, which you can find on the Farms page. After providing liquidity and receiving LP tokens at that time, select the pool you have participated in on the Estates page, confirm your agreement and then click on the small "+" sign, select the amount to stake and it is confirmed.
Agricultural rewards

1 LKM / block.
28,800 LKM / day

Rewards will be decreased every two weeks by 10% (if necessary it will be divided by 2 according to the wishes of the community). This parameter will be led by the project owner first, then by the community.

10% will be sent to the developer's address for marketing, payment, and to fund future partnerships & strategic development

Cost

About 5% of the transaction fee (0 ~ 4%) will be used for donations. 95% will be used to buy back the MFI and burn as needed.

Burn

Burning is currently done manually to stabilize prices when there is massive dumping as we try to promote agriculture with long-term yields rather than pumps and dumps.

Details of
  • ChainTicker token: LKM
  • Token area: 0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
  • Chain platform: Binance Smart Chain (BEP-20)
  • Maximum number: unlimited
  • MetaMask: Create your own RPC with
  • network name: BSC
  • Mainnet New RPC URL: https://bsc-dataseed.binance.org/
  • ChainID: 56
Symbol:
Launch

The Lokum Preale building will be added prior to ownership.
Farming will start on April 7, 2021 (Wed) at 11:40 UTC.

Tokenomics

Security
  • Migrator Code: To ensure complete security, migrator code has been removed from our contract with MasterChef.
  • Transfer of ownership: to fake independence, the owner of the MFI will be transferred to contract farming, which will increase liquidity.
Road Map (2021-2022)

P1
Making Token for the 1st Team Meeting
Request social profile validation at launch
Pre-sale BSCscan Launch agriculture

Q2
TechRate audits
Ask
CoinMarketCapListing lottery

Q3
NFT

Compound Q4
Vault

Q1-2022
Auto in 2022

For more information:
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=210306
BSC Wallet : 0xEfd7255D5b89Ceffa7d0E297b556286C143e779B

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