Simurgh Defi Review
Simurgh Finance Coin Scam or Simurgh Finance Coin Legit?
What are you going to find about Simurgh Finance Coin Protocol Review
Simurgh Finance Defi Coin is one of the Defi Tokens that you should have information about. This is the Simurgh Finance Defi Coin review. We are giving you information about whether is Simurgh Finance Defi Coin Legit or is Simurgh Finance Defi Coin scam. This is a review that helps you to know Simurgh Finance Defi Coin Token. Here is Simurgh Finance Defi Coin Protocol Review that you should read before engaging in this project: Simurgh Finance is an automatic liquidity acquisition yield farm running on Binance Smart Chain with lots of unique and creative features that let you earn and win. This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dump. You can check the harvest lockup on each farm card. The migrator code has been removed from the MasterChef contract. Timelock will be added to the MasterChef contract before launch.
|Token Name||Simurgh Finance|
|Twitter Group||Click to See|
|Chain||Binance Smart Chain|
More about SimurghFinance Review:
Automatic Liquidity of Simurgh token
Simurgh Finance Each transfer of SIMURGH must pay a 1% transfer tax. The 1% transfer tax gets added to the liquidity pool through the contract automatically to raise the price floor continuously. And the liquidity will be locked and inaccessible.
Automated Burning of Simurgh token
As they have mentioned above, each transfer of SIMURGH must pay a 5% transfer tax. The 4% transfer tax will be allocated to automatic liquidity acquisition. And the rest 1% transfer tax will be burned immediately. The whole process is automatic. (disabled on 09/07/2021).
Harvest Lockup of Simurgh token
Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.
Simurgh Finance Defi Transfer more than 0.01% of the total supply will be rejected. As the total supply grows, this ratio will be reduced.
No Migrator Code
The migrator code in the MasterChef contract has been removed.
Simurgh Finance Timelock will be added after launch.
Deposit fee redistribution
They charge 1% deposit fee in some Pools/Farms. 3% will be used for marketing, advertising, functionnalities development (disabled on 09/07/2021) 1% will be used in Ashes section to let earn Busd, BNB, BTCB and other tokens.
If something happens to Simurgh’s frontend such as a DDOS attack or a temporary outage, farmers can still withdraw their tokens by direct interaction with the MasterChef contract. Call the emergencyWithdraw function with the farm or pool id listed below to withdraw your staked tokens.
Basic Information of Simurgh Defi coin
- Token Name: SimurghToken
- Token Symbol: SIMURGH
- Contract Address: 0xE7df368e774976d0E21c4E6537aE4B07904D731d
- Chain: Binance Smart Chain (BEP20)
- Max Supply: Unlimited
Transfer Tax of Simurgh coin
- Simurgh Finance Burn Rate: 0% of transfer tax will be burned immediately (updated 09/07/2021)
- Automatic Liquidity Rate: 1% of transfer tax will be added to the LP pool and locked.
- Total Transfer Tax Rate: 1% of each transfer
- 0.2 SIMURGH / block
- 28 800/5 per day
- 10% to the dev team to ensure essential growth of the project but dev team won’t sell token. It will be used as reward to holders.
Simurgh Finance Defi Transfer more than 0.01% (current ratio) of the total supply will be rejected. As the total supply grows, this ratio will be reduced. Deposit or withdraw tokens to the farms will not be subject to this restriction masterchef is excluded from antiwhale. You can view the max transfer amount on our website.
Why Simurgh ?
To make a long story short. Once upon a time there were two Yield Farm, Lokum & Ketchup. Both of them were living in harmony and the investors were really satisfied, despite the mud someone tried to bring on them. Then came Mayo, another project that made – and is still makin’ – his investors laughing and happy. One day someone, using an exploit, a “bad animal” hacked Lokum & Ketchup, and many other farms. The investors of this two good places lost money, as well devs, team & staff. But the two team, that were stronger than ever, decided – after a long brainstorm – to create a new token to rise again from the bottom where someone wanted to keep them. In the meantime Mayo continues to grow, waitin’ with impatience the new born token, which contract will be released this evening, 23rd of June, at 18PM UTC. To be continued.
With our data, you can see that Simurgh Finance Legit or Simurgh Finance Scam.
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Simurgh Finance Defi Coin Scam or Simurgh Finance Defi Coin Legit?
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