What is Ketchup Finance (KETCHUP) | What is Ketchup Finance token | What is KETCHUP token
In this article, we’ll discuss information about the Ketchup Finance project and KETCHUP token
KetchupFinance is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.
It’s a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. KetchupFinance 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.
These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. KetchupFinance allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn KETCHUP, stake KETCHUP to earn more KETCHUP and stake KETCHUP to earn tokens of other projects.
KetchupFinance uses a referral program. With a referral link, you can earn 1% of rewards forever. KetchupFinance uses also automatic liquidity and burn system. In every transfer 4% go to LP BNB to avoid price impact, and 1% go to burn.
Main Features
Automatic Liquidity
Each transfer of KETCHUP must pay a 5% transfer tax. The 4% transfer tax gets added to the liquidity pool through the contract automatically to raise the price floor continuously. And the liquidity will be locked and inaccessible.
Automated Burning
As we have mentioned above, each transfer of KETCHUP must pay a 5% transfer tax. The 4% transfer tax will be allocated to automatic liquidity acquisition. And the rest 1% transfer tax will be burned immediately. The whole process is automatic.
Referral Program
An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters can earn 1% of his/her friends’ earnings forever.
No Migrator Code
The migrator code in the MasterChef contract has been removed.
TimeLock
Timelock was added at launch.
RoadMap
Please note that contents are subjected to changes without prior notices.
As you can see, we’re trying to provide ETA for each task. But development or coding is not easy, and it is always accompanied by some uncertainty. We will try our best to release every feature or product on time. Please also be aware of the possible delays. Many thanks!
Launch
- Project Launch
- Audits (in Progress)
- Apply for Listings on Coinmarketcap, Coingecko, DappRadar, BscScan, etc.
- Partnerships (In progress :) )
Launch
Fair Launch, No Pre-sale, No Pre-mine
- Farming Start Block: # 7920000
- Estimated Target Date: Tuesday, June 1st, 2021, 5:31:10 AM UTC
- No Pre-sale
- 250 000 KETCHUP minted (150 000 for LP BNB and BUSD, 100 000 for Rewards, Airdrop, Twitter Contests and Burn)
- PancakeSwap liquidity will be added and locked
- Emission Rate: 100 KETCHUP/block
AMM Launch
KetchupFinance Automated Maker Market (AMM) Decentralized Exchange
Summary
- Smart contracts of KetchupFinance AMM exchange have already been deployed on BSC.
- No deposit fee for all KETCHUP-LP farms.
How and Where to Buy KETCHUP ?
KETCHUP token is now live on the Binance mainnet. The token address for KETCHUP is 0x714a84632ed7edbbbfeb62dacf02db4beb4c69d9. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $BNB to your new Metamask wallet from your existing wallet
Next step
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap KETCHUP token
Contract: 0x714a84632ed7edbbbfeb62dacf02db4beb4c69d9
Read more: What is Pancakeswap | Beginner’s Guide on How to Use Pancakeswap
The top exchange for trading in KETCHUP token is currently Pancakeswap v2
Find more information KETCHUP
☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Documentation ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐
I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!
#blockchain #bitcoin #ketchup #ketchup finance
