Donald Finance is a decentralized exchange based on Binance Smart Chain and the Pancake swap exchange, with additional features that allow you to earn and win tokens.
Introduction
What they are attempting to do is build the DONALD, a permanent deflation token that allows for a constant price pump with a proper burn mechanism. They are not attempting to replace swap and share, but rather to bring value to the scheme and create a suitable and safe ecosystem for people to yield high APR farms.
The mission is to provide a one-stop shop for decentralized finance services. They are beginning with traditional yield farming functionalities and working on gamification. The plan also includes developing a superior yield farming optimizer and transitioning to their own liquidity provision protocol.
They are creating a starting supply of tokens for various purposes; the total number of tokens created will be 36,000 DONALD.
Token distribution: 50% of tokens will be allocated during the presale.
The first 40% will be used as starting capital.
8% will be allocated to marketing and production.
Airdrop will be used to distribute 2% of the total.
The presale is intended to provide people with the opportunity to purchase Donald tokens at the lowest possible price; funds generated will be used as starting liquidity. Tokens that have not been sold will be destroyed. In the most impressive way, $DONALD presale ended within only 2 minutes!
Feature
DONALD stands out from the sea of recent DeFi projects due to its distinct features.
– 3 reward tiers for angel investors (30%, 20%, 10%)
– High APY Farms (v2)
– Migration code removed
– Time lock on liquidity
– Passed TechRate audit + MythX + AnChain
– Every transaction with Donald have 2% fee and it will be burned
Farming
They are adding a new token as well as a special pool and farms for it, or version 2 pools. This function serves two purposes: it stabilizes the price of Donald and gives people the ability to earn more money in a novel and unique way.
There will be just one pool with Donald and farms Donald/BUSD and Donald/BNB. The key difference between simple pools and compound pools is the higher APY. When you stack your tokens or provide liquidity, new tokens – Barack tokens – are created. You will be required to use the slider before stacking tokens. Slider works with days of stacking; the more days you select, the more APY you will get, and the same is true for the amount of given liquidity; stack more and receive more new tokens.
The important thing to remember is that you can harvest your farmed tokens at any time and store them in your wallet. However, if you unstack your liquidity ahead of time (the time you selected in the slider), you will be charged 5% when you withdraw. There is no fee if you withdraw after the specified time period has expired.
When you invest in these pools, you will be charged a 5% commission. Funds from these fees will be used in the future to create liquidity for the new token after the version 2 pools round concludes. So, when farming is over, you can sell your farmed tokens.
Bonus rewards for angel investors
This is a one-of-a-kind system of extra compensation for people who become first liquidity suppliers. This mechanic encourages people to spend and keep token sales. Both the society and the developers profit from the system’s operation.
According to the team, investors who provide initial liquidity are critical to the team and the group as a whole. They provide initial funding for exchanges, allowing token economics to be stable and valuable from the start. They genuinely want to thank those who have trusted and believed in them. As a result, they are giving them more incentives.
They will receive three bonuses. This bonus is determined by the time you provided liquidity. A 72-hour timer could be found on the website. This period has a direct impact on the value of the bonus. You can begin investing immediately after the timer starts.
– If you had liquidity before the timer reached 48 hours, you will receive 30%.
– If you had liquidity before the timer reached 24 hours, you will receive a 20% bonus.
– Ten percent If you had liquidity before the timer reaches 0 hours, this essentially implies the start of emission.
In other words, you have three days to invest in the project and receive a bonus for your farming, and you will participate in that before the farms and pools open (they will start working when timer ends).
Essentially, this percentage impacts ALL of your earnings. This bonus is applicable to both pools and farms. It makes no difference which pool or farm you choose; all of them are appropriate.
Provide liquidity during the 72-hour timer (timer shows time before farms and pools start) to receive your bonus.
DO NOT WITHDRAW LP TOKENS; you CANNOT GET RID OF YOUR given LIQUIDITY. If you want to keep your bonus payout from the angel investors programme, you MUST NOT remove LP tokens.
Notes:
You CAN harvest tokens.
You CAN compound tokens.
You CAN deposit more LP tokens.
No time limit, your bonus will work forever, until you unstack your LP tokens from the farm.
The bonus will affect everything, as said before, even you compound and deposit more and more tokens, the reward bonus will work anyway.
You will get bonus rewards ONLY in pools and farms, that you provided liquidity for until the start.
Tokenomics
Name: Donald Token
Symbol: DONALD
Contract: 0x9D78e6466A0d0Fcfefb8f357cce9134b99b4fc8a
Chain: Binance Smart Chain (BEP-20)
Initial Supply: 36,000
Burn Mechanism
Tokens are being burned as a result of the deposit charge.
When you add liquidity to farms or pools, you must pay a 4% deposit fee (there is no fee for pairs which include Donald).
3/4 percent of the deposit fee will be used to repurchase and burn Donald tokens.
1/4 percent of the deposit fee will be used to meet the needs of the developers’ team.
Using the transfer tax to burn tokens
– Donald’s transactions would be subject to a commission charge of 2%.
– This 2% commission charge on any deal would be burned.
Future plans
This is a compilation of the next updates that Donald Finance intends to introduce and will keep the group updated on their success. It will be changed and improved over time.
– Crypto games, “Donald Crash” will be first game
– CoinMarketCap Listing / CoinGecko
– Partnerships with other DEFI projects
– Influencer outreach and social media engagement
Stay tuned for more information.
