Lokum Finance

 

A Farm With a Burn and Buyout Program

About

LokumFinance 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.

LukomFinance operates on Binance Smart Chain. Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike Binance Chain, BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). The design goal here was to leave the high throughput of the Binance Chain intact while introducing smart contracts into its ecosystem.

In essence, both blockchains operate side-by-side. It’s worth noting that BSC isn’t a so-called layer two or off-chain scalability solution. It’s an independent blockchain that could run even if Binance Chain went offline. That said, both chains bear a strong resemblance from a design standpoint.

What is the qualification among checking and developing?

  • STAKING : In solicitation to stake your $LKM you needn’t waste time with whatever else than $LKM.
  • FARMING : In solicitation to develop you need to offer liquidity to one of the pools on the developing page and thereafter stake your LP tokens.Both have their own advantages and impediments. Which one to pick is up to your strategy.

How should I stake LKM?

You can stake your LKM on the “Pools” page by tapping on the little “+” sign in the wake of preferring the arrangement, pick the entirety you need to stake and confirm.

How can I Develop?

To develop, you first need to offer liquidity to one of the pools, which you can find on the Farms page. After providing liquidity and receiving LP tokens by that time, select the pool you have joined on the Estates page, confirm your consent and then click on the small “+” sign, select the amount to be wagered and confirmed.

To link your wallet, you need to click on the “Open wallet” button in the upper right corner of the page. Starting now and for the foreseeable future, look for the wallet you need to interact with LokumFinance and link a “partner”.

How can I set up my wallet on Binance Smart Chain?

Trust Wallet: When you go to dAPP in the upper right corner, you see certain blockchains open, click on it, then select Binance Smart Chain Mainnet.

MetaMask: Create your own RPC with

network name: BSC

Mainnet New RPC URL: https://bsc-dataseed.binance.org/

ChainID: 56

BNB Block Explorer URL: https://bscscan.com/

Tokenomics

Token : $LKM

Chain : Binance Smart Chain (BEP-20)

Smart Address: https://bscscan.com/token/0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103

Starting Supply: 4,000,000 $LKM

Supply limit: NO

Starting Price: ~ 1.00$

Starting Emission Rate: 1 $LKM per block

Security

  • Migrator Code: To ensure complete security, the Migrator Code has been removed from our contract with MasterChef.
  • Transfer of ownership: in order to achieve independence, the owner of the LKM will be transferred to a farm contract, which will increase liquidity.

Author: ket tumbar

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2202323

BEP-20 Address: 0xde4b8cb6dBbA80E80041bA69fa115c5Ec58fb6AE

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