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3 years ago

What is HyruleSwap (RUPEE) | What is HyruleSwap token | What is RUPEE token

We are a passionate and dedicated team trying to bring a breath of fresh air into the world of farming projects on Binance Smart Chain (BSC).We know that there are many alternatives available today, but most of them are incomplete and do not fully meet the expectations of their users.

Our project is resolutely community oriented and we hope to be able to work together to develop and improve our tool. That’s why your feedback is essential, and we will be asking for your participation on a frequent basis.

Just like a ‘The Legend of Zelda’ game, our journey has only just begun, and many horizons are still to be explored. The prospect of such an unexplored world excites us and propels us forward.

Lon Lon Ranch:

We reward RUPEES to liquidity providers of pools such as :

· RUPEE/BNB

· RUPEE/BUSD

and many more.

More farming pools will be implemented as soon as possible. We are interested in getting your feedback about the ones you want to see on the platform.

Burning Mechanism:

Our innovative burning mechanism allows us to fairly reward the liquidity providers. Indeed, our burning mechanism relies on 2 different aspects:

· 3% burn fee will be charged at staking. 75% of this amount will be used to purchase RUPEES and burn them. 15% will be held for future projects. The last 10% will be used to reward the developers.

· We are planning to release a ‘gambling’ game based on the ‘chests game’ in Lurelin Village (Breath of the Wild).

Later, this 3/4th amount will be directly injected into our upcoming ‘gambling’ game by purchasing RUPEES from the liquidity pools and get burnt after the game.

In order to take part in the game, you will have to purchase specific keys. Those keys can be obtained with RUPEES. Every RUPEE used to purchase tickets will also be burnt. Eventually, around 20% of the ‘gambling game’ pot is burnt. The remaining 80% will be send to the winner.

  • 75% of the transaction fees (2% fees) will be used to buyback RUPEE and burn it
  • 25% of the transaction fees (1% fees) will be sent to the developer’s address
  • The current burn is done manually to stabilize the price when massive dumps happens as we are trying to promote long term yield farming instead of pump and dump
  • Hyrule NFT (see roadmap) will be a fun and unique way to introduce an additional burning mechanism that will not only provide value to Hyrulean, but keep the value of RUPEE high

Liquidity Pools

HyruleSwap’s liquidity pools allow anyone to provide liquidity via Pancake LP

When they do so they will receive LP tokens. For example, if a user deposited $RUPEE and $BNB into a pool they would receive RUPEE-BNB LP tokens.

These tokens represent a proportional share of the pooled assets, allowing a user to reclaim their funds at any point.

Every time a user trades between $RUPEE and $BNB a fee is taken on the trade. A percentage of that trade goes back to the LP pool.

Adding liquidity to an existing pool

  • You need to provide tokens in a 1:1 ratio to the liquidity pool. This means that if you are adding to, say, a RUPEE-BNB pool, and wish to provide 2 BNB worth of liquidity, you would need to convert approx 1 BNB to RUPEE tokens first via a Swap.

Impermanent Loss

Impermanent loss happens when you provide liquidity to a liquidity pool, and the price of your deposited assets changes compared to when you deposited them. The bigger this change is, the more you are exposed to impermanent loss. In this case, the loss means less dollar value at the time of withdrawal than at the time of deposit.

Official HyruleSwap links (Contracts included)

There are a few core products of HyruleSwap’s ecosystem:

Each of these serves a different purpose within the ecosystem.

Contracts :

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy HyruleSwap (RUPEE)?

RUPEE has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy RUPEE

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

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)

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since RUPEE is an altcoin we need to transfer our coins to an exchange that RUPEE can be traded. Below is a list of exchanges that offers to trade RUPEE in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase RUPEE from the exchange.

Exchange: PancakeSwap

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once RUPEE gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com

Find more information RUPEE

☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap

I hope this post will help you. If you liked this, please sharing it with others. Thank you!

#bitcoin #crypto #hyruleswap #rupee

What is HyruleSwap (RUPEE) | What is HyruleSwap token | What is RUPEE token
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