Introducing Pigeon Finance— Long last and Profitable Yield Farming

Pigeon Finance
4 min readJul 1, 2021

Let us introduce ourselves. We are here to stay and sustain.

BSC yield farming has been one of the most favourite patform for users increasing their portfolio. We believe users are looking for more options for a sustainable farm and increase their portfolio, Pigeon Finance is the right choice. We are here to stay and making sure Pigeon Finance as one of the most sustainable and reliable platform for users to yield farm, pools and minimizing Impermanent Loss (IL). Pigeon Finance will use SQUAB as the native token for user to earn from farming and pools. We are taking this to the next level. Our mechanism allows perpetual price increase with a sustainable and profitable farming yield.

Learning

We did most of our testing on Binance Smart Chain’s testnet. Observe and learn the Dex market by make sure we do not repeat the same mistake as they are. we preferred to take our time to have the necessary knowledge to come up with decent strategies.

Since we preferred to be slow and consistent rather than fast and unreliable

The problems we are trying to solve:

  • Large fund enters and exits creating a significant fluctuation.
  • Constant token creation with stable coins without any contribution
  • Insufficient token burn
  • Rugpull

Features

1) UNIQUE BURNING MECHANISM

  • 92% swap fee will be burn.
  • 5% will be used to further develop this platform with other sites
  • Promote long term staking

2) OMEGA LARGE COMMUNITY REWARD

  • As 3% of the burn will inject into the community reward for join in marketing.
  • 20% of the pot will be burnt to reduce the token circulation further.

3) CONSTANT PRICE PUMP!!

  • Buy back for community reward.
  • Activities will be done frequently, such as succor programmes, contests and more. Dev’s will personally Buy the tokens from the market for the distribution.

4) HOW ABOUT RUGPULL??

  • Removed migrator code (Inherited from Pancake swap)

5) Lower Swap Fee, lower slippage

  • Pigeon Finance combine liquidity with other Dex, users may use Pigeon Finance to swap any coin such as Doge-USDT or BNB-BUSD. Swap fee as low as 0.1%.
  • Slippage for Pigeon Finance as low as 0.3%

6) Fast Swap

  • We understand traders, as we are also trader. Most important moment for trader is during the swap process. We had tested several time, and we can ensure Pigeon Finance swap process are as fast as lightning.

7) Inflation control

  • One of the most important part to sustain Pigeon Finance is by controlling the emission. Lots of DEX price goes down 2–3 days after the launch due to uncontrolled emission per block. Our emission starts at 10 perblock will be reduce to 1 per block.
  • This to ensure the hyperinflation never happens in the Pigeon Finance

We are trying to use our knowledge from the gaming industry to build this perpetual yield farming site! This is just our first step, we will be continuously looking for better burning mechanism to make this project great! KURRRR! KURRRR!

About Pigeon Finance

Pigeon Finance is a new and promising Binance Smart Chain-based Decentralize Exchange platform, which will enable the community to gain more while holding by doing farming and join pools. The platform will give projects a strong foundation to develop and prosper in a decentralized environment, while also giving investors access to exclusive early-stage projects farm, pool. We empower our community to invest with safety, freedom, equal opportunity.

Pigeon Finance using SQUAB as native token. Every Pigeon has little pigeon called SQUAB. We will start with Pre Sale of SQUAB token. Pre Sale price start at $0.10, so as the listing price. The main reason to prevent any dump situation once launch.

📌SQUAB Pre Sale (IDO)

Tokenomics :

  • Ticker : SQUAB
  • Token Type : BEP 20
  • Pre Sale price : $0.10
  • Listing price :$0.10
  • Individual minimum = $100 | Individual maximum = $400.
  • Initial supply: 4,000,000 SQUAB
  • Stake tokens: SQUAB-BNB
  • Amount to raise : 1000BNB

Distribution after Pre Sale (IDO)

  • After the Pre Sale end, all of the remaining token will be added into the Liquidity Pool.
  • 20% for multichain development
  • 20% for marketing
  • 10% for Dex, ecosystem (IFO, Launch Pad, farms, pools, vaults, layered farm and more)

Post launch activities

  • Community Reward (Nurture and value the community)
  • Team building (More core team each region)
  • Advertising platform (Using grade A, B and C crypto platform for more exposure)
  • Safe farm (Making sure Pigeon Finance safe place to start farm for long term)
  • Fun and interactive contest for holders

The long-term vision

We will not stop here. Pigeon Finance aim expansion to become a multi-chain integrated launch platform that includes Ethereum, Binance Smart Chain, Tezos, Solana, Polychain, Cardano and will expand the network to other platforms in the future.. It’s our first project, our first challenge. But we are way too ambitious to just stop there.

Social Media

Telegram : https://t.me/pigeon_finance
Telegram Announcement: https://t.me/pigeonfinance_ann
Twitter : twitter.com/Pigeon_Finance
Reddit : https://www.reddit.com/r/pigeonfinance

side note* our website is the DEX, like pancakeswap, apeswap and more. Its ready to go but we do not want expose yet to prevent dump situation. Website link will be announce after the Pre Sale.

--

--

Pigeon Finance

Pigeon Finance is the next sustainable DeFi project for investors to start yield farm with safety and prosperity