Boba Finance - Introduction
Introduction
Boba Finance is a yield farm running on Binance Smart Chain and Pancakeswap exchange, with lots of other features that let you earn tokens.
We are creating a deflationary token, the $BOBA, with multiple burn mechanisms. We are nurturing a quality community for all people to yield farm with high APR and earn more.
Our Features
Burning mechanism
Boba Finance will have a burning mechanism that will increase the token price constantly.
There will be a transaction fee during staking which will then be used to purchase BOBA and burnt. The current transaction fee is set at 4%.
Burn:
75% of the 4% burn will be used to purchase BOBA and burnt
25% of the 4% burn will be sent to the developer’s address
The current burn is done manually to stabilize the price when downward price fluctuations happen as we are trying to promote long term yield farming instead of pump and dump
Burn transaction can be viewed by clicking HERE
Security
Timelock added to contract at launch
Removed migrator code (inherited from Pancake swap)
Last updated
Was this helpful?