What is Goose Finance (EGG) | What is Goose Finance token | What is EGG token

What is Goose Finance (EGG) | What is Goose Finance token | What is EGG token

If you are familiar with BSC yield farming, you must have heard of the famous food farm like Pancake, Kebab, or even the rug pulled Popcorn swap. All these platforms launched without a proper system like burning mechanism and timelock, and hope people will jump into the pool. We are taking this to the next level. We are now proposing a 2nd Generation yield farming mechanism that allows perpetual price increase with a sustainable and profitable farming yield with a timelock contract at launch! What is Goose Finance (EGG) | What is Goose Finance token | What is EGG token

If you are familiar with BSC yield farming, you must have heard of the famous food farm like Pancake, Kebab, or even the rug pulled Popcorn swap. All these platforms launched without a proper system like burning mechanism and timelock, and hope people will jump into the pool. We are taking this to the next level. We are now proposing a 2nd Generation yield farming mechanism that allows perpetual price increase with a sustainable and profitable farming yield with a timelock contract at launch!

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The problems we are trying to solve:

  • Large fund enters and exits creating a significant fluctuation.
  • Constant token creation with stable coins without any contribution
  • Insufficient token burn
  • Rugpull

1) UNIQUE BURNING MECHANISM

  • All farms take a 4% burn when you stake.
  • 3% will be used to purchase Golden Egg Token and sent into the lottery pool.
  • 1% will be used to further develop this platform with other sites
  • Promote long term staking

2) OMEGA LARGE LOTTERY POOL

  • As 3% of the burn will inject into the lottery, the lottery pot will be so huge that you can retire after winning the first prize.
  • 20% of the pot will be burnt to reduce the token circulation further.

3) CONSTANT PRICE PUMP!!

  • The 3% burn will be used to purchase Golden Egg from the various liquidity pools.

  • For example: If people staked BUSD-BNB LP, 3% of the LP tokens would be used to buy Golden Egg from various Golden Egg pools.

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4) HOW ABOUT RUGPULL??

  • Removed migrator code (Inherited from Pancake swap)
  • Timelock already applied at launch! (6 hours at launch, 12 hours after 1 week)

We are trying to use our knowledge from the gaming industry to build this perpetual yield farming site! This is just our first step, we will be continuously looking for better burning mechanism to make this project great!

Unique burning mechanism — THE INCUBATOR

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What we are trying to solve in this yield farming system is that the token inflation gives a disadvantage to latecomers, but Goose Finance is here to provide you the best platform to invest into!

Layered farming — INCUBATOR

We saw that there has been a lot of people searching for new farms to ape into but always scared that there are rugpulls & dumping. We came up with a new plan to launch new farms every 14 days for people to ape-in perpetually, at the same time, solve the inflation issue.

We are proposing a layered farming, THE INCUBATOR. If you saw the film inception, there are different layers of the world. We are creating layered farming.

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One new layer token, Layer “X” Goose, will spawn every 14 days. There are two ways we might proceed.

  1. IDO will happen 1–3 days before the layer farming starts. The conversion of IDO is to bet set at 1:3(To be confirmed). *All the pledged Layer 0 eggs will be burnt. *The initial liquidity price of layers will be set at around 2x of the price of IDO.
  2. Pledge Layer 0 Egg into a nest that cannot unstake and generates Layer “X” Goose forever.

Omega Lottery Burning Mechanism

1) All farms have a 4% burning fee when you stake

2) 75% will be used to purchase Golden Egg and inject into the lottery pool

3) 20% of the lottery pool (burning fee + lottery ticket cost) will be burnt

We are working on additional burning mechanism which further reduces the circulation of the supply of tokens.

Looking for more information...

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