Lokum Finance Project

LokumFinance - The ultimate delighted yield farm with a burn and buyback burning program.

#LOKUMFINANCE #LOKUM #BTC #CRYPTO

#bsc #bnb #YIELDApp #yieldfarming #Crypto #doge #LKM #passiveincome

Introduction

LokumFinance is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

It launched in April 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. LokumFinance uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees.

LokumFinance allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn LKM, stake LKM to earn more LKM and stake LKM to earn tokens of other projects.

Tokenomics

Token details

  • ChainTicker: LKM
  • Token address: 0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
  • Chain: Binance Smart Chain (BEP-20)
  • Max Supply: Unlimited

Farming rewards

  • 1 LKM/block.
  • 28,800 LKM/day

Reward will decrease every two weeks of 10% (if necessary will be divided by 2 according to the community wish). This parameter will be lead by the project owner first, and then by the community.

  • 10% will be sent to the developers addresses for marketing purposes, payout, and to fund future partnerships & strategic developments

Fees

Approximately 5% of the transaction fees (0 ~ 4%) will be used for donation. 95% will be used for buying back LKM and burn according to necessity.

Burn

The current burn is done manually to stabilize the price when massive dumps happen as we are trying to promote long term yield farming instead of pumps and dumps.

Roadmap

1st Team Meeting: 21/03/2021

Token creation: 25/03/2021

Ask for social profile validation in BSCscan: 30/03/2021

Pre-sale launch: 30/03/2021

Farming launch: 07/04/2021

Listed in DexGuru: 11/04/2021

Listed in DappRadar: 12/04/2021

Listed in BscScan & BscScan Yield Farms: 13/04/2021

TechRate Audit Passed Successfully: 13/04/2021

Layered farming: Q3

NFT: Q4

Vault: 2022

Autocompound: 2022

Lokum Presale started

Presale address: https://app.bounce.finance/fixed-swap/4535

•Amount: 30,000 LKM

•Initial Price: ~ 1.00$

•Disclaimer: Unsold tokens will be burned fire.

Lokum Finance

The ultimate delighted yield farm with a burn and buyback burning program.

https://lokum.finance

Lokum Launch

•Presale collect will be added before the farm start.

•Farming will start at 7th April 2021 (Wednesday) 11:40 UTC

Security

•Migrator code: In order to guarantee full security, the migrator code has been removed from our MasterChef contract.

•Transfer Ownership: In order to increase autonomy, LKM owner would be transferred to Farming Contract after adding liquidity

Tokenomics

•Token: $LKM

•Chain: Binance Smart Chain (BEP-20)

•Contract Address: https://bscscan.com/token/0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103

•Initial Supply: 4,000,000 $LKM

•Supply limit: NO

•Initial Price: ~ 1.00$

•Initial Emission Rate: 1 $LKM per block

Burning Mechanism

🔥 Buyback & burning will be done manually in order to stabilize the token price.

Contracts

•LKM Token : https://bscscan.com/token/0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103

•Masterchef: https://bscscan.com/address/0x8705eaba437A2DEf65b0e455C025EEc05d1ee4aB

We are now listed in DappRadar !!!

DApp up and running

The DApp is up and running. You can buy LKM but wait before farming it’s not yet started.

You can check the countdown here:

https://bscscan.com/block/countdown/6358500

DApp link:

https://app.lokum.finance/

Listing

CoinGecko: Coming soon

CoinMarketCap: https://coinmarketcap.com/currencies/lokum-finance/

DappRadar: https://dappradar.com/binance-smart-chain/defi/lokum-finance

Dapp : https://www.dapp.com/app/lokum-finance

0xtracker : https://0xtracker.app/

Dex Guru : https://dex.guru/token/0x1099e778846baa6aad3c6f26ad42419aa7f95103

Blockfolio: Coming soon

Defistation: Coming soon

BscScan: https://bscscan.com/token/0x1099e778846baa6aad3c6f26ad42419aa7f95103

BSC_Price_BOT: Coming soon

Contract addresses

Mainnet:

  • Token: 0x1099e778846baa6aad3c6f26ad42419aa7f95103
  • LP token LKM/BUSD: 0x61cc8babb51edb65efaeac00ece2ddd5fd798072
  • LP token LKM/BNB: 0xe04f2f29fa953547da6eb7cc4c91f518ae19874c
  • MasterChef: 0x8705eaba437A2DEf65b0e455C025EEc05d1ee4aB / block 6358500
  • Timelock: 0xfb2452a51daaa8fdce3eab08d43931514e10c0b2

Website : https://lokum.finance/

Whitepaper : https://docs.lokum.finance/

Twitter : https://twitter.com/FinanceLokum

Instagram : https://instagram.com/lokumswapfinance

Telegram : https://t.me/lokumswapfinance

Author:

Bitcointalk Username: Mats Hummels

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2954997

Telegram: @matshummels99

BEP-20 Address: 0x40223B827bE035c877Cdf7cfa2c19393fC178f6c

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