CobraSwap Finance — simply the best

CobraSwap
2 min readJun 11, 2021

The First AMM with Anti Whale function and the most profitable farm option on Binance Smart Chain with the biggest referral bonus. We have the lowest exchange rate on the market 0,088%

Basic Information

88 000 000 first initial supply of the tokens

  • 15 000 000 will be locked as a team wallet;
  • 10 000 000 will be locked and reported as a Marketing budget;
  • 30 000 000 will be available as a free float on the first launch (28th of June 2021);
  • 33 000 000 will be a deflation mechanism for burning reasons. Within the next 6 months, we burn 100% of these tokens, every 3 days we burn 550 000 tokens.

Emission Rate (June 2021)

  • 40 COBRA/block
  • 691 200 COBRA/day approximately

Transfer Tax

COBRA now has a 0,088% transfer tax in each transfer. 40% is burned directly and the rest 50% is added to the COBRA-BNB liquidity pool and locked. This deflationary mechanism will help us to reduce the circulating supply of COBRA tokens. 10% goes to Insurance Fund (SAFU).

In other words, for each trade, a 0.088% fee is paid.

  • 0.0440% goes to liquidity provider pools. (50%)
  • 0.0352% burns from every trade. (40%)
  • 0,0088% goes to the Insurance Fund (SAFU). (10%)

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.

  1. Visit CobraSwap referral program page: https://www.cobraswap.finance/referrals
  2. Unlock your wallet to get your unique referral link
  3. Share your referral link with your friends
  4. Every time your friends get rewards from farms, you will receive referral commissions automatically
  5. The current referral commission rate is 3%

No Migrator Code

The migrator code has been removed from the MasterChef contract.

Review the MasterChef contract on BscScan

Cobra comes to play for a long time!

Launch date:

  • Farming Start Block: #8686126
  • Estimated Target Date: Estimated on 28th of June 2021 07:12:26 GMT+0100

Next time will write about our features.

Follow us on:

Twitter: @Cobra_Swap

Telegram: @CobraSwap_channel

Facebook: Cobra-Swap

Instagram: @CobraSwap

Reddit: @Cobra_Swap

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CobraSwap

www.cobraswap.finance — automated market maker(AMM) on Binance Smart Chain with the most profitable farm. We have the lowest exchange rate on the market— 0,088%