Welcome to Hornet Swap
Blockchain Platform: Binance Smart Chain (BSC)
Initial Price: $4
Initial Tokens Minted: 500
Token Symbol: HORNET
Launch & Farming Details
Time: Sunday, 27 June 2021, 00:00 UTC
Countdown: https://bscscan.com/block/countdown/8662111 (estimated Sunday, 27 June 2021, 12:00 UTC)
Anti-Whale & Anti Bots
To ensure that it will be a fair launch, we will be including certain Anti-Whale and Anti-Bots features.
Firstly, regarding the Anti-Whale measures, the maximum number of HORNET tokens that can be transacted in one transaction for both buying and selling is initially limited to 1%. Any transaction not within this restriction will be unsuccessful. This is to prevent whales, and bots to a certain extent, from accumulating large amount of HORNET tokens. This limit will increase by 1% after approximately every 3 hours.
Secondly, regarding the Anti-Bots measures, we will be blacklisting wallets that are suspected of being bots. This will prevent them from swapping out the tokens that they have accumulated upon launch. Suspected bots will be those that are able to have multiple transactions within seconds and how they will be spotted will be checking the number of HORNET tokens they are holding after the fair launch.
To ensure that the tokens will remain its value as much as possible, we will be implementing transfer taxes, lowered emission rate of tokens and buyback and burns.
Firstly, regarding the transfer tax, for each transaction of HORNET tokens, a 5% tax will be incurred. 4% will be used to provide liquidity into the HORNET-BNB Liquidity Pool, while the 1% will be burned automatically.
Secondly, regarding the emission rate, it will start off at 0.6/block. This will then be reduced by 3% every 8 hours.
Thirdly, regarding the buyback and burns, we will be conducting buybacks and burns as we achieve certain TVL targets that the devs have set. Do join our socials to be updated with regards to the TVL targets. All dev rewards will be burned as well.
- Migrator code removed
- Contract ownership transferred to Masterchef
- Timelock will be activated (before farm starts)
- Capped deposit fee of 4%
- Initial liquidity to be burned
To ensure that we are able to attract new holders of HORNET tokens, we will be looking into making several twitter, reddit and sponsored advertisement posts. Do join our socials to be updated with regards to our marketing posts.
Furthermore, we will also be having a referral program whereby referrers can earn up to 3% of referee’s total earnings.
Review & Audit
To ensure that this is a safu farm, we will be looking into getting ourselves audited and reviewed. Do join our socials to be updated with regards to our review and audit.