SPACE DEFI

Intro

After having been an attentive spectator of yield farming ecosystem for the past three months and having analyzed the behavior of users and owners, here is our analysis.

All users are here, of course, to make a profit and are in a hurry, often forgetting what the DEFI means (see financial risk section).

All owners promise lotteries, NFT marketplaces integration or boosters APR and several other nice words to lure users in [like 90% of the time].

We noted that all roadmaps and promises are only rarely implemented and do not even solve the problems of the usefulness of their native token.

Space Defi was born with solid certainties and here are our projects :

Rules of our yield Farms

SpaceDefi [SPC] offers you a yield farming which will be followed by a new yield farm SpaceDefi Z [SPCZ] and thus continued while always respecting these simple, fair and unchangeable rules.

  1. No Rug pull possible ! ( see security section)

  2. Multiplier and block emission rate will not be changed.

  3. All devs allocation rewards will be burned once a day. ( at random time each day)

  4. Part of the fees will be used for buyback when necessary.

  5. 48 hours timelock.

At each new yield farm a non-native pool will be removed and replaced by a pool from the SpaceDefi ecosystem.

As an example, for SpaceDefiZ one of the non-native pool will be removed and replaced by [SPC] pool.

Tokenomics

Name : SpaceDefi

Token Nalme : SPC

Chain : Binance Smart Chain (BEP20)

Initial Supply : 2 SPC

we plan to establish a token emission rate of 1 per block.

The fee will be 4% only on non-native pairs deposit and no fees on withdraw.

The devs pre-minted only 2 SPC to protect us from bots which start trading SPC immediately after the pool is set up, no SPC token are in the dev wallet before the farming starts.

All futur tokens will follow that tokenomics.

Security & Audit

The most asked questions are about the safety of yield farming.

  1. All dev rewards will be burned (rules & feel free to check dev address)

  2. Our contracts are standard and haved already been audited dozens of times before, migrator function have been removed. You can check yourself by using diffchecker.com or by submitting our masterchef to Telegram groups specialized in checking.

  3. Dev transfered the ownership of the token to masterchef and masterchef is behind a 6 hours timelock at start and will then be increased.

Ownership token to masterchef :https://bscscan.com/tx/0x33102d477acd5f3bfc544841fefe1897869da02cafac6f720e2cfe86a10b8685

Masterchef to Timelock : https://bscscan.com/tx/0xa56b121f021d24e62fd74772a021bb8e5ba3e2c5e07e367e09804e9a88c64872

Under no circumstances does the dev, the owner or any person have access to the funds deposited by the users. ( Unable to transfert or withdraw user's funds)

Financial Risk

DEFI means DEcentralizing FInance, which therefore involves financial risks :

  • provide the liquidity, you risk the impermanent loss

  • the native token fluctuates with buying and selling, like all currency

Adjust your strategy according these risks.

Do Your On Research before coming to accuse anything on our official telegram and spreading FUD.

Contracts

SPC Token : 0xF3CDE6ba838e7da9B1bcb6dC3B637f06599cD24a

Masterchef : 0xcb940508c060B5bB907741D02b8Bfe422f7398D5

Timelock : 0x43C335A5ADb50fA68E01EAD00A1e466E1B54a218

Just before the deployment and launch of the new SpaceDefi token we will update this gitbook and communicate on our social network aswell.

The next one will be : SpaceDefiZ [SPCZ]

Stay tuned and enjoy farming with us !

Contact us

Website : https://www.space-defi.com/

Twitter : https://twitter.com/SpaceDefi1

Telegram : https://t.me/spacedefi1

Last updated