CarouselFinance

Main Features 

Automatic Liquidity

Each transfer of CRS 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. Automated Burning 

As we have mentioned above, each transfer of CRS must pay a 1% transfer tax. The 1% transfer tax will be allocated to automatic liquidity acquisition. And the rest 1% transfer tax will be burned immediately. The whole process is automatic. 

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. 

Anti Whale 

Transfer more than 0.5% of the total supply will be rejected. As the total supply grows, this ratio will be reduced. Deposit Fee Redistribution 

A 4% deposit fee will be charged when users enter staking on Carousel Finance, but unlike other yield farms, we don’t plan to use the deposit fee to buy back and burn. It’s a waste of money. Instead, we will redistribute the 3% deposit fee to CRS holders to encourage holding. 

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. 

No Migrator Code 

The migrator code in the MasterChef contract has been removed. 

Timelock 

Timelock has been added at launch.