What is RushMoon (RUSH) | What is RushMoon token | What is RUSH token

What is RushMoon (RUSH) | What is RushMoon token | What is RUSH token

RushMoon (RUSH) is automatic liquidity acquisition yield farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features that let you earn and win. We fully support CAKE-LP v2 staking. In this article, we'll discuss What is RushMoon (RUSH) | What is RushMoon token | What is RUSH token?

In this article, we'll discuss information about the RushMoon project and RUSH token

RushMoon is automatic liquidity acquisition yield farm and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features that let you earn and win.

We fully support CAKE-LP v2 staking.

Main Features Automatic Liquidity

Each transfer of RUSH 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.

As mentioned previously, there is a 5% transfer tax on each transaction, the 4% transfer tax will be added to the RUSH-BNB liquidity pool through the contract automatically.

The liquidity is locked and inaccessible, raising the price floor every time a transaction be made.

Before we launch our own AMM dex, the liquidity will be added on PancakeSwap then on RushMoon.

Automated Burning

As we have mentioned above, each transfer of RUSH 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.

According to our tokenomics design, each transfer must pay a 5% transfer tax. The 1% transfer tax will be burned (sent to the black hole address) immediately.

Black Hole Address: 0x000000000000000000000000000000000000dEaD

Harvest Lockup

Harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.

Harvest lockup is a unique and creative farming rewards lockup mechanism . This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dump.

For example, the harvest lockup of the RUSH-BUSD farm is 2 hours. It means that farmers who stake in the RUSH-BUSD farm can only harvest (claim their rewards from farming) every 2 hours.

You can check the harvest lockup on each farm card.​

Deposit Fee Redistribution

A 4% deposit fee will be charged when users enter staking on RushMoon, we plan to use the deposit fee to add more liquidity buy back pool. This provide instead of the removed liquidity of RUSH buyback pool.

At launch Buyback pool filled with presale purchase.

BuyBack

Every time this function is called 2% of liquidity is removed and the liquidity is then split into BNB and RUSH. BNB market buys RUSH. The rest ~99% of the RUSH is then burned ~ 1% of RUSH sent to caller of the function to incentivize user spending gas.

Liquidity Buy and Burn

Function becomes available once an 6 hour and can be called by anyone.

Caller of the function will receive 1% of the RUSH for incentive to spend Gas.

We plan to use farm deposit fee to refill Buyback pool. At launch Buyback pool filled with presale purchase.

What happened Buyback function is called ?

2% of liquidity total is removed form BNB-RUSH LP pool

The liquidity is then split into BNB and RUSH

BNB market buys RUSH with splited BNB

Than bought and split 99% of the RUSH is then burned

1% of RUSH sent to caller of the function to incentivize user spending gas

To call the Function its required the caller holds a minimum of 1,000,00 RUSH

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.

  • Visit RushMoon referral program page: https://rushmoon.finance/referral
  • Unlock your wallet to get your unique referral link
  • Share your referral link with your friends
  • Every time your friends get rewards from farms, you will receive referral commissions automatically
  • The current referral commission rate is 1%

No Migrator Code

The migrator code in the MasterChef contract has been removed.​

Timelock

Timelock has been added at launch.Delay: 24 hours

Transfer of ownership to timelock after adding RUSH-BNB , RUSH-BUSD lp pools.​

Trading Incentive

We plan to add a trading incentive mechanism to our own AMM dex. Users can earn tokens by trading on RushMoon. But different from traditional trading mining, the rewards on RushMoon for trading can be different tokens. Other projects can provide their own tokens as rewards for specified trading pairs. More details about it will be published later.

Tokenomics

Token Name: RushMoon

Token Symbol: RUSH

Contract Address: 0xff96ce2cc0d20dA0250A63BDca2B568F52a5bC71

Chain: Binance Smart Chain (BEP20)

Max Supply: Unlimited

Transfer Tax

Burn Rate: 1% of transfer tax will be burned immediately

Automatic Liquidity Rate: 4% of transfer tax will be added to the LP pool and locked.

Total Transfer Tax Rate: 5% of every transfer

Emission Rate

1000 RUSH/ block

28,800,000 RUSH/ day

9.09% to the dev team to ensure essential growth of the project

How and Where to Buy RUSH ?

RUSH token is now live on the Binance mainnet. The token address for RUSH is 0xff96ce2cc0d20da0250a63bdca2b568f52a5bc71. 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.

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)...

SIGN UP ON BINANCE

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 RUSH token

Contract: 0xff96ce2cc0d20da0250a63bdca2b568f52a5bc71

Read more: What is Pancakeswap | Beginner's Guide on How to Use Pancakeswap

Find more information RUSH

WebsiteAnnouncementExplorerSource CodeSocial ChannelSocial Channel 2Message BoardCoinmarketcap

🔺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.

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