> For the complete documentation index, see [llms.txt](https://elkdefi.gitbook.io/elkdefi-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elkdefi.gitbook.io/elkdefi-finance/elkdefi-finance.md).

# ElkDeFi Finance

## Introduction

ElkDeFi Finance is latest Generation Yield Farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features.

## Main **Features**

Below are the main features that will be used in our products.

### Vault Farms

* ElkDeFi will use all LPs to generate revenue. These proceeds will be used to stabilize currency prices and liquidity pools.
* These benefits will be processed automatically by our team on a regular basis, and you do not need to pay additional GAS.

{% hint style="info" %}
We will earn once a day!
{% endhint %}

### Automated Burning **Mechanism**

40% of each proceeds will be used to buy back and burn ELK.

### Automatic Liquidity

60% of the income obtained each time will be automatically added to the liquidity pool through the contract, and the lower price limit will be continuously increased.  And the liquidity will be locked and inaccessible.

### Anti Whale

Transactions more than **1%** of total supply will be rejected. As the total supply grows, this ratio will be reduced.

### Harvest Lockup

We use harvest lockup based on time. Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.

{% hint style="info" %}
Harvest Lockup will be set for 6 days (usually from Wednesday to Monday), and you can only harvest on Tuesday. 
{% endhint %}

### Referral Program 

ElkDeFi Referral is a unique On-chain referral program that lets users earn $ELK without depositing any tokens. You just have to refer other users to stake in Farms and Staking Pools and you will be earning 3% of the rewards they receive forever.