Welcome to Lokum Finance The ultimate delighted yield farm with a burn and buyback burning program.



Introduction

LokumFinance is an automated market maker (AMM) — a decentralized finance (DeFi) application that allows users to exchange tokens, providing liquidity via farming and earning fees in return.

It launched in April 2021 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. LokumFinance uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.

These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees.

LokumFinance allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn LKM, stake LKM to earn more LKM and stake LKM to earn tokens of other projects.

Tokenomics

Token details
  • ChainTicker: LKM
  • Token address: 0x1099E778846bAa6aAD3C6F26Ad42419AA7f95103
  • Chain: Binance Smart Chain (BEP-20)
  • Max Supply: Unlimited

Farming rewards
  • 1 LKM/block.
  • 28,800 LKM/day
Reward will decrease every two weeks of 10% (if necessary will be divided by 2 according to the community wish). This parameter will be lead by the project owner first, and then by the community.
10% will be sent to the developers addresses for marketing purposes, payout, and to fund future partnerships & strategic developments

Fees

Approximately 5% of the transaction fees (0 ~ 4%) will be used for donation. 95% will be used for buying back LKM and burn according to necessity.


Burn

The current burn is done manually to stabilize the price when massive dumps happen as we are trying to promote long term yield farming instead of pumps and dumps.

Roadmap


  • 1st Team Meeting: 21/03/2021
  • Token creation: 25/03/2021
  • Ask for social profile validation in BSCscan: 30/03/2021
  • Pre-sale launch: 30/03/2021
  • Farming launch: 07/04/2021
  • Listed in DexGuru: 11/04/2021
  • Listed in DappRadar: 12/04/2021
  • Listed in BscScan & BscScan Yield Farms: 13/04/2021
  • TechRate Audit Passed Successfully: 13/04/2021
  • Layered farming: Q3
  • NFT: Q4
  • Vault: 2022
  • Autocompound: 2022
Lokum Presale started
Lokum Finance

The ultimate delighted yield farm with a burn and buyback burning program.

https://lokum.finance

Lokum Launch
  • Presale collect will be added before the farm start.
  • Farming will start at 7th April 2021 (Wednesday) 11:40 UTC
Security
  • Migrator code: In order to guarantee full security, the migrator code has been removed from our MasterChef contract.
  • Transfer Ownership: In order to increase autonomy, LKM owner would be transferred to Farming Contract after adding liquidity
Tokenomics
Burning Mechanism

🔥 Buyback & burning will be done manually in order to stabilize the token price.

Contracts
We are now listed in DappRadar !!!




DApp up and running

The DApp is up and running. You can buy LKM but wait before farming it’s not yet started.

You can check the countdown here:

https://bscscan.com/block/countdown/6358500

DApp link:

https://app.lokum.finance/


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