NiobSwap is a Decentralized Exchange and Automatic Liquidity Acquisition Yield Farm running currently on Binance Smart Chain, with a three-level referral system, and opportunities to launch on several other blockchains such as Polkadot, Polygon, Tron and Ethereum. NIOB have created a deflationary token, NIOB, which allows token price to increase constantly with a sufficient burn mechanism. Locked value will continue to be added daily to the farms and pools. Total value locked into Nion Ecosystem will provide a sustainable environment for users to benefit from high APR yield farming. NiobSwap users will have access to easy-to-use best in class technology, as well as various new tokens through NIOB own AMM.
Key features of Niob Finance:
- Automatic Liquidity. Each transfer of NIOB token will incur 5% transfer tax, of which 1.4% will added to the NIOB native liquidity pools. Automatic liquidity mechanism will have a positive impact on NIOB token price, as it will ensure that growing number of tokens will be permanently locked over time, while overall token liquidity will continuously increase.
- Automated Burning. 1% of each transfer of NIOB token will be allocated to Automated Burning. The burning will be executed by the Smart Contract in real-time, by sending tokens to the burn address.
- Harvest Lockup. Harvest lockup is a mechanism designed for lock-up of yield-farming rewards. It is a defense feature, limiting the frequency of harvesting, to prevent farming arbitrage bots from constant collecting rewards and dumping them.
- No Migrator Code. The migrator code has been removed from the MasterChef contract.
- Timelock. Timelock has been added to the Niob MasterChef contract before launch
- Community Driven. The entire NiobSwap Ecosystem is a community driven Project. Most of the decisions about features, new pools, new farms, token listings and updates will be proposed and voted by the Niob Community.
