SALT

A perpetual deflation token

Token: SALT

Chain: Binance Smart Chain (BEP-20)

Emission rate:

  • Reward per block - 1.1 SALT

  • Daily emission (Based on 28.8k blocks per day) - 31,680 SALT per day

Deflationary Mechanics:

  • Farms & Pools will get SALT depending on the multiplier shown on the top right corner;

  • ~9.09% will be sent to the developer's address for further development of the platform;

  • As soon as the lottery is implemented, 20% of the pot will be burned.

Distribution:

  • Farmers - 90.9% of the rewards per block (1 SALT)

  • Farmers daily - 28,800 SALT (based on 28,800 blocks per day)

  • Devs \& Incentives - ~9.09% of the rewards per block (0.1 SALT)

Fees:

SaltSwap collects a 3% deposit fee to periodically purchase SALT on the market and burn them. This will reduce the supply and pump your bags!

Time lock

We will be adding a timelock contract as the owner of the masterchef. The timelock will be activated with a 24h delay, this should give you enough time to validate any of our transactions.

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