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Friday, May 27, 2022

Galenaswap Defi Review: Get Earn 7% of Their Earnings Forever

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About Galenaswap Defi

GalenaSwap is the latest Generation Yield Farm and AMM decentralized exchange running on Binance Smart Chain with several unique innovations. Every exchange transaction (send, swap) of GAL will be charged a 7.5% transfer tax. No transfer tax for staking, unstaking, and harvesting GAL Use 7.5%+ slippage to buy GAL on PancakeSwap V2 or other AMM. The transaction will fail if the slippage is less than 7%.

Galenaswap Facts

Galenaswap Facts
Defi Coin NameGalenaswap
Short Name N/A
Circulating Supply76,500
SourceClick Here To View Source
TwitterClick Here To Visit Twitter
ExplorersClick Here To View Explorers
Official WebsiteClick Here To Visit

Main features

  • Harvest multiplier
  • Harvest 1x/week
  • Automatic Tax
  • Automatic Liquidity
  • Referral System
  • BUSD House (Coming Soon)

Harvest Multiplier

Galenaswap Defi is where farmers will get reward multipliers. For each week when farmers do not harvest, they will earn double (2X), triple (3X), four (4X), etc on their harvest.

Automatic Liquidity

There will be a 7.5% transfer tax incurred for every transaction of GAL tokens. All of it will be automatically used to provide liquidity in the GAL-BNB pool. This will help to apply deflationary pressure and makes the price of GAL even more stable.

By increasing the price floor and adding liquidity to the GAL-BNB pairing. It ensures that price impact is kept to the minimum with every transaction and it reduces huge fluctuation in prices.

Anti Harvest Bot

Galenaswap Defi have been in several yield farms before, and all of them face an inevitable common problem of dumping. The question for these farms is not if it will happen, but when? Generic farms price dump from the moment the farms are live. Harvest Lock farms dump when the first harvest unlocks Fixed Harvest Lock farms dump when harvest lock opens on Sunday (Intense dumping)

Other benefits of Presale

  • A presale enables us to provide a MUCH larger amount of cash towards liquidity than we could otherwise ($66,667 if presale fills)
    • Liquidity tokens purchased with presale funds will be burned
    • More supply in liquidity providers’ hands means less price change when farming begins
    • Enables high-volume pre-farm trading
  • A presale provides an established budget for marketing, partnerships, and further development

Solution?

The Galena Swap team has come up with a unique innovation where farmers can only harvest ONCE a week, at the time and price of their choice. They can choose to harvest their rewards at the start of farming, in the middle of the week, or at the end. It all depends on the farmer to come up with the strategy that will be the most beneficial for them.

Security

For investors, safety is the most important thing. The team recognizes the importance of code security and makes investors feel safe and confident in Galena Swap as a priority. Therefore, once the project is live, we will post a link to the RugDoc review of project.

Referral Program

Refer your friend and earn 7% of their earnings forever!

Click here to get your referral link

Note that your friend will NOT earn less after being referred.

Deposit Shield

Most other farms could suck your entire capital by setting a 100% deposit fee. Fortunately, they don’t plan to do it. But THEY COULD. Typical other farms’ contracts:

They can modify the fees at any time and steal your tokens Because they care for investors, they found a solution: All pools are protected by a 4% maximum deposit fee. This amount is hardcoded in MasterChef contract and cannot be changed.

Timelock

Galenaswap Defi have removed the migrator code from MasterChef contract. The contract can be verified from the link below.

Fair launches don’t work.

Fair launches are full of bots, many developers have come up with many different ways to stop bots; anti-whale, max-wallet, stealth launches (hidden contract), blacklists, but to date none of them have been 100% successful. The price of token is never at launch price and investors are paying a premium price just for bot users to dump on them later on.

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