Introduction

Welcome to SIBERIANSWAP - The Best Yield Farming & AMM on Binance Smart Chain. SIBERIANSWAP is run by a team of innovative and trusted developers with users safety and fair is our 1st priority.

Introduction

About SiberianSwap

SiberianSwap is the Next Generation Automatic Liquidity Acquisition Yield farming and AMM decentralized exchange running on Binance Smart Chain with lots of unique and creative features that let you earn and win for a long time.

Main Features

↔️ Trade

Instantly swap crypto tokens: no registration or account needed.

Low Fees

Why pay more? SiberianSwap runs on Binance Smart Chain, a blockchain with much lower transaction costs than Ethereum or Bitcoin. Trading fees are lower than other top decentralized exchanges too, so that's a double win for you!

Decentralized

Trade directly from your wallet app. Unlike centralized exchanges like Binance or Coinbase, SiberianSwap doesn’t hold your funds when you trade: you have 100% ownership of your own crypto.

SiberianSwap (AMM)

SiberianSwap is an Automated Market Maker (AMM), built with the intention of bringing even more liquidity into the protocol. SIBERIAN, the main farming token, also serves as the reward token (1,500 new SIBERIAN are emitted per block).

SiberianSwap provides numerous Farming pools and low trading fee (0.25%) on its Swap section. 0.17% of trading fee goes back to LP's 0.08% of trading fee goes back to BuyBack to increase the stability of Siberian Tokens.

Automatic Liquidity with 6% transaction reflection tax

Unlike other farms before, in SiberianSwap each transfer of Siberian must pay a 6% transfer tax. The 3% transfer tax gets added back to the liquidity pool through the contract automatically. This will help to raise the SIBERIAN price floor stable. And the liquidity will be locked and inaccessible.

This is an innovative feature of SIBERIANSWAP, combined with smart fee distributions model and Sky farm, this will encourage users to hold the token for long term benefits.

As mentioned previously, there is a 6% transfer tax on each transaction, the 3% transfer tax will be added to the SIBERIAN-BNB liquidity pool through the contract automatically.

The liquidity is made inaccessible, raising the price floor every time a transaction be made. This makes SIBERIANSWAP an unique farm unlike others that can maintain token value for an infinitely longer time.

Automatic Burning

We love to burn πŸ”₯ tokens!

As we have mentioned above, each transfer of SIBERIAN must pay a 6% transfer tax. The 3% transfer tax will be allocated to automatic liquidity acquisition. And the rest 3% transfer tax will be burned immediately. The whole process is automatic.

According to our tokenomics design, each transfer must pay a 6% transfer tax. The 3% transfer tax will be automatic burned (sent to the black hole address) immediately.

Black Hole Address:

0x000000000000000000000000000000000000dead

SIBERIAN developers are working hard in:

  • Developing unique features for burning mechanisms. Regular token burns are built into many of SiberianSwap's products (like a high burn rate of up to 100% of SIBERIAN spent on lottery tickets), with more on the way.

  • New ideas and developments such as Predictions betting in progress

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 like other farms before SiberianSwap.

Harvest lockup is a unique and creative farming rewards lockup mechanism created by the SiberianSwap dev team. This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dump.

For example, the harvest lockup of the SIBERIAN-BUSD farm is 4 hours. It means that farmers who stake in the SIBERIAN-BUSD farm can only harvest (claim their rewards from farming) every 4 hours.

You can check the harvest lockup on each farm card.

Anti Whale

Transfer more than 1% of the total supply will be rejected. So a big whale cannot dump the price immediately like other farms before SiberianSwap. As the total supply grows, this ratio will be reduced.

Transfer more than 1% (current ratio) of the total supply will be rejected. As the total supply grows, this ratio will be reduced. This will prevent a whale dump the price immediately that causing panic sell in normal users like in other farms before SIBERIANSWAP.

Deposit or withdraw tokens to the farms will not be subject to this restriction.

You can view the max transfer amount on our website: https://siberianswap.finance

75% of 4% Deposit Fee Redistribution to SIBERIAN token holders

A 4% deposit fee will be charged when users enter staking on SiberianSwap, 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 SIBERIAN holders in our main pools.

Deposit Fee

When users enter the farming on SiberianSwap, a 4% deposit fee will be charged.

  • 1% deposit fee will be sent to the dev team as the development fund.

  • 3% deposit fee will go to SIBERIAN stakers in Special rewards pool.

What is Special Rewards farming?

Special Rewards are farming pools that allow SIBERIAN holders to stake their SIBERIAN to earn other tokens. Two pools (BUSD & BNB) will be created by the dev team about 14 -21 days after launch, 75% of the deposit fee will be used to these two pools as the rewards for SIBERIAN staking.

Referral Program

An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters can earn 3% of his/her friends' earnings forever.

An on-chain referral program has been implemented to incentivize users to invite friends to join the farming. Inviters can earn 3% of his/her friends' earnings forever. Our referral program lets users earn SIBERIAN's without depositing any tokens

  1. Visit SIBERIAN referral program page

  2. Unlock your wallet to get your unique referral link

  3. Share your referral link with your friends

  4. When your friends connect wallet, a cookie will be recorded in his browser that he is referred by you

  5. When your friends *USE THE SAME BROWSER* to deposit the first time, your wallet will be recorded in the system.

  6. Every time your friends harvest rewards from farms, you will receive referral commissions send to your wallet automatically

  7. The current referral commission rate is 3%

When will I receive my Referral Reward?

You will automatically receive a SIBERIAN's reward in your wallet whenever the referred user Harvests / Withdraws from our Farms and/or Pools.

Will I lose % of my income to the referrer because of using his referral link?

No! The contract will automatically mint this % anew and send it to referrer wallet. So you and him earn together, you don't lose anything from your harvested rewards.

No Migrator Code

The migrator code in the MasterChef contract has been removed.

Timelock

Timelock is set to 8 hours on launch and will be changed to 24 hours later. Timelock Adress: 0xfc3fEd93D35E8b65a17C3Cc394E355e27D1A86d8

Trading Incentive

We plan to add a trading incentive mechanism to our own AMM dex. Users can earn tokens by trading on SiberianSwap. But different from traditional trading mining, the rewards on SiberianSwap for trading can be different tokens. Other projects can provide their own tokens as rewards for specified trading pairs. More details about it will be published later.

Last updated