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Fanta Farm - Yield Farming on Fantom
Description:
Smart Transfer Tax
Every transfer of $FANTA will be charged a 5% transfer tax, except for staking and unstaking from farms. The transfer tax gets added to the liquidity pool through the contract automatically to raise the price floor continuously, increasing the depth of the liquidity pool for $FANTA.The importance of the FANTA-WFTM LP is significant as it dictates the price impact and the amount of slippage that is required. With greater $FANTAliquidity, this will provide a better and fairer price for $FANTA holders. Make sure to increase your slippage to at least 6% when trading $FANTA, else your transaction will fail and your gas fees will be wasted.
FANTA Farms/Pools Multiplier
In order to sustain the inflationary pressure, non $FANTA farms and pools will be charged with a deposit fee of 4%.
TVL Based APR% Boost
Fanta Protocol goal is to become the next evolution of high-yield farming and Single Asset Staking to earn both more tokens or partner/new project tokens, reducing risk exposure but maintaining a high APY. At launch, the project will introduce high yield farming by staking LP, with a mechanism that increases staking APY as TVL increases.
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