BecoSwap Launch Summary

BecoSwap
2 min readJun 29, 2021

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Dear Beco Baes,

Two weeks after the successful launch of our yield farms and liquidity pools on KardiaChain, an increasing number of users have been generating risk-controlled high returns in a seamless manner.

Our team would like to inform you what we’re putting effort in and some early project statistics.

  • With our community’s wholehearted support, the total value locked has reached nearly $10 million.
  • Market cap continuously grows to more than $4 million now.
  • Dominating KAIDEX with more than $4 million locked in liquidity and huge trading volume everyday.

Our weekly token buyback and burn were completed! A total of 250,000 BECO has been removed from circulation! Transaction hash: 0x0a93173152244c4d5fd4a5e7fe54f6e7ac092262c0082bbfdb1558f2db20a566

This amount of tokens are derived from:

  • Performance fee of the new auto-compounding pool (10,000 BECO)
  • Lottery pool (3,000 BECO) — good luck next time baes ;)
  • Default referrer address (7,000 BECO)
  • Dev team returns (230,000 BECO) — we wanna show our dedication to BECO’s community.

We have launched the BecoSwap: TimeLock contract as the owner of contract BecoSwap: MasterChef here, which is organizing your farming pools decentrally. From now on, every governance change which is going to be applied on MasterChef of BecoSwap will take 6 hours to take place, from the time the developer team proposed. Beside, any operation changes about BecoSwap Token on KardiaChain will be delayed for 6 hours by the TimeLock contract either.

If you have any other questions at all, feel free to throw them at us on Twitter or Telegram and we will answer as many as we can.

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BecoSwap
BecoSwap

Written by BecoSwap

BecoSwap is the runner-up of KardiaChain Pioneer Program. The DeFi protocol helps users earn and win tokens with Launchpad, Game, Yield Farm, Lottery, NFTs

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