Becoming the Pirate King

Onepiece Finance
2 min readMay 19, 2021

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“I’m going to be a pirate king!” — Monkey D. Luffy‌

Introducing OnePiece Finance, the 3rd generation yield farm on #BSC.‌

To combat the rising rug pulls and botting issues, we have come out with different ways to deal with such issues.‌

As we all know that yield farming is highly risky, please make sure that you do your own research before participating.

Stealth Launch

To ensure that Bot users do not buy up the majority of the supply, our team decided to proceed with a stealth launch of our native token.‌

STEALTH LAUNCH: RANDOM TIMING ON 23 MAY 2021 (MORE DETAILS GIVEN OUT LATER IN TELEGRAM) ☠️

FARMING STARTS: BLOCK 7660000
https://bscscan.com/block/countdown/7660000 ☠️

Token price: $3‌

Supply: 700‌

Anti Whale

Users can transact up to 0.5% of the total supply per transaction in our Anti Whale mechanism. This way, it will require multiple transactions for a whale to transact, making it more attractive for the smaller farmers.

Tax

We will be implementing a tax on every transaction to deal with inflation. The tax will be 5% per transaction and it will be split into the following:‌

  • 1% will be burnt
  • 4% will be converted into BNB LP token to improve the overall liquidity of the pool, reducing the price impact per transaction

Emission Reduction

With the initial emission of rate of 1 per block, we will be reducing it automatically by 10% every 24 hours until it reaches a rate of 0.1 per block.

‌This will ensure that the farm has a healthy supply and the rate of inflow of new investors will be faster than inflation.

Auto Liquidity Adding

4% will be converted into BNB LP token to improve the overall liquidity of the pool, reducing the price impact per transaction.‌

With higher liquidity, users will not have to set a high slippage tolerance, preventing the chances of getting front run by bots.

Links

Twitter: https://twitter.com/OnepieceFinance

Telegram: https://t.me/onepiece_defidiscussion

Website: https://www.onepiecefinance.com/

Gitbook: https://onepiecefinance.gitbook.io/onepiece-finance/

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