ElkDeFi Finance
  • ElkDeFi Finance
  • Roadmap
  • Launch🚀
  • TOKENOMICS
    • ElkDeFi Token (ELK)
    • Vault Farms*
    • Automatic Liquidity
    • Automatic Burning Mechanism
    • Harvest Lockup*
    • Anti Whale (Max Tx Amount)
    • Referral Program
    • Deposit Fee
    • Contracts
  • SECURITY
    • Audits
    • Emergency Withdraw
    • Migrator Code
    • Timelock
  • COMMUNITY
    • Social & Contact
  • FAQS
    • How to Buy ELK
    • How to Start Farming
    • How to Set Up Your Wallet on Binance Smart Chain?
    • Other Frequently Asked Questions
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  1. TOKENOMICS

Vault Farms*

Introduction

Our biggest difference is that all deposited assets on the farm will be managed by the vault. The proceeds from the vault will be used to BuyBack and Destroy ELK and increase the liquidity of ELK-BNB. In this way, the transfer tax is replaced, and the loss incurred when the user trades ELK is reduced. You will not notice these details when you deposit and withdraw, and the GAS fee is only 20% higher than that of a normal farm. Obtaining revenue is the place that spends the most GAS, which will be handled by the development team.

The development team will obtain income once a day, BuyBack and Destroy ELK, and add liquidity to ELK-BNB.

The added liquidity will be automatically sent to ElkLocker for long-term locking.

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Last updated 3 years ago