Boneswap Finance is a full ecosystem that have yield farming and automated market-making (AMM) for the Polygonnetwork. They introduce Decentralized Exchange (DEX), Yield Farm, Info Service, which is the strong and secure foundation with our own BONEtoken as the center of our service. Bone Swap is built by a dedicated professional team (1 lead + 3 developers + 1 support). We will committed to the growing and success of the ecosystem.
Yield Farm: earn Boneswap Finance token by staking liquidity pool token
Auto BONE: auto compound your BONE staking, so amazing feature.
BONE Shares: stake your BONE and earn favors token such as USDC, MATIC, BTC, ETH…
DEX: yes right, we will have dedicated DEX (planning release on July 15, 2021)
Vaults: when you are staking tokens in a vault, it will harvest your rewards automatically. These rewards are sold and swapped for the tokens you deposited and then added back to your position. This allows you to earn a passive income by continuously compounding your interest. The vault not only support token but also LP token. (planned release on July 15, 2021)
IFO Initial Farm Offerings
NFT market place
They do not plan to use the deposit fee to buy back and burn. It is a waste of money. We will use part of the fee to redistribute to the BONE Shares to encourage holding. BONE shares pool will be opened 3 days post-launch.
Earn Boneswap Finance while staking LP tokens. At launch time, They support QuickSwap LP for most of farm in Yield Farming. Adding support SUSHI LP 1 farm BONE-WMATIC, APE LP 1 farm BONE-WMATIC.
Decentralized Exchange (DEX)
BoneSwap DEX is going to be launched in July after the Farming launch. Will announce soon
DEX fee structure:
Liquidity providers earn a 0.17% fee on all trades proportional to their share of the pool.
0.03% will be added to BONE treasury
BONE treasury will be used for BONE Shares later after the deposit fee run out.
Boneswap Finance Shares – BONE token holders will be able to stake their BONE token with 0% fee to earn reward in each pools such as USDC, WMATIC, WETH and many more. BONE Shares was contributed by:
40% of deposit fee
After deposit fee runs out, it will get from part of fee from our BONE treasury
Part of fee from our BONE SWAP (0.03% DEX fee)
BONE Shares pool will be available at launch and reward will be start 3 days post launch.
Auto Boneswap Finance – Auto Compounds: Stake BONE on our native vault which automatically compounds your rewards. Auto BONE – Fee policy:
0.1% un-staking fee if withdrawn within 3 days.
If adding new BONE to the pool will reset the timer.
If un-staking BONE after 3 days, no fee will be deducted.
Any accumulated un-staking fee goes to dev wallet which will be burned
Auto BONE – Bounty:
This bounty is given as a reward for providing a service to other users.
When you successfully “Claim” the bounty, you are also activate the Auto BONE Pool’s compounding function for everyone.
Auto-Compound Bounty: 0.25% of all Auto BONE pool users pending harvest.
Auto BONE – Performance fee:
2% performance fee in the Auto BONE native vault which contributes:
0.5% fee goes to the bounty collector
1.5% fee goes to dev wallet which will be burned
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.