Create a Pantherswap clone and build your Decentralized Exchange/ Build your Decentralized Finance venture with a Pantherswap Clone Script
Multi-chain compatibility is gaining more prominence now. Which is that new Decentralized Exchange (DEX) that is operating on two blockchains and one sidechain. It is Pantherswap. Investors can swap tokens on Binance Smart Chain (BSC), Ethereum, and sidechains like Polygon. Moreover, they can use services like Yield Farming, Liquidity Pools, Lottery systems, Initial Panther Offerings (IPOs) and Referrals. Are you that entrepreneur aiming to make a splash in the world of Web 3.0? Develop a Pantherswap clone soon.
Decoding the importance of a Pantherswap clone script
- Automated Liquidity Acquisition (ALA), Yield Farming, and Automated Market Making (AMM) are the 3 highlights of a DeFi platform like Pantherswap. Retail and institutional investors across the globe can utilize services like Farms and Staking and Lottery Winnings.
- Moreover, a Decentralized Exchange similar to Pantherswap shares real-time stats. It includes data about the market capitalization, total number of minted and burnt tokens, locked rewards, circulating supply, maximum transaction amount, number of new panthers per block, and transfer tax available.
- What are the different trading pairs available? Investors need to possess some PANTHER tokens and can exchange them with the Binance Coins (BNB) and Binance US Dollars (BUSD).
- How to process transactions and store digital assets safely? Users must connect digital wallets like MetaMask, Trust Wallet, MathWallet, TokenPocket, and Binance Chain Wallet (BCW). Moreover, they can use other wallets supported by the WalletConnect open-source protocol.
The major features of a Pantherswap like platform are
- Automatic Burning of Tokens - Pantherswap (PSP) like tokens will be burnt automatically and would be sent to a wallet address. Besides that, users would have to pay a transfer tax (a certain percentage)
- Harvest Lockup - Farm rewards would be locked up by investors in smart contracts. This safeguards retail and institutional traders from pump and dump schemes. Besides that, arbitrage bots are prevented.
How does the entire mechanism function? For instance, users can lock up their funds in Binance USD- PANTHER yield farms. Later, investors can claim their rewards from yield farming after a certain period. Moreover, details of Annual Percentage Rate (APR), deposit fees in percentage, and harvest lockup period is available.
Users need to process transactions by tapping the Approve Contract button. They can choose the staked amount, make the required amount, and get liquidity provider (LP) tokens.
Integrated Referral Program - Users can recommend their family members and friends to join the yield farm. They would receive a certain commission after the referred person joins the DeFi platform. Investors have to unlock their digital wallets and find out their unique referral links.
Later, they can share it across instant messaging apps and social media platforms. After a while, investors will receive a specific commission (in percentage).
Lottery Systems - Users can increase their wealth by pressing the Lottery system. Moreover, they would receive returns by purchasing lottery tickets. A set of unique codes will be available as part of the Jackpot Pool.
Investors need to match a set of numbers in a certain order. What if there are any remaining tokens? Users can burn it How can they not miss the phase-to-phase distribution of lottery tokens? Traders receive updates beforehand regarding the date and time for distributing tokens.
They will get tickets along with a unique code. Later, investors will receive returns based on the set of digits. Their overall earnings depend on the hash encoded by the blockhash, the total amount of Panther tokens, the number of participating users, and the timestamp of the last lottery participant.
Analyzing the importance of Initial Panther Offerings (IPOs)?
- Fundraising is quite simple on a Decentralized Exchange (DEX) like PantherSwap.
- Users need to buy Panther-Binance Coins (BNB) liquidity provider (LP) tokens. Moreover, you can come out with promising ideas and receive funds in Binance Coins (BNB). Besides that, information about the fundraising target is conveyed beforehand.
- You can divide the fundraising target into 2 parts, Panther and Binance Coins (BNB). Investors will know the number of presale and post-sale tokens available. They will choose the Binance Coins (BNB) and Panther trading pair, and buy a certain number of liquidity tokens offered in the Initial Panther Offering (IPO).
- After a while, the token sale event officially ends. Investors can claim the Liquidity Provider (LP) tokens they have purchased. Moreover, they will receive the unspent funds directly to their digital wallets.
- In case of an overflow, investors can unstake their remaining Panther-Binance Coins (BNB) liquidity provider tokens. Moreover, information like the total tokens for sale amounts to be raised, the portion of funds, cost of purchasing tokens, and the funds returned will be displayed. This ensures transparency and prevents disputes significantly.
Why is anti-whale protection the highlight of a Pantherswap like platform?
Unquestionably, individuals and conglomerates will own huge amounts of cryptocurrencies and DeFi tokens. Generally, they would purchase a large number of virtual assets in a quick time. However, an anti-whale feature is available in a Pantherswap clone.
Thus, there is a restriction on the tokens they can transfer. As a result, a ratio is fixed beforehand. Thus, when the supply of tokens increases, the limit on transfers decreases.
However, they can deposit and withdraw an unlimited number of tokens. This is applicable based on the maximum transfer amount mentioned on the Decentralized Exchange (DEX) like PantherSwap.
What are the revenue streams offered by a Pantherswap clone platform?
- Deposit fees - Users must pay a specific amount while joining the PantherSwap like decentralized exchange. The funds are split into 2 parts, a development fund for the future growth of the DeFi platform and redistribution of charges to the Panther token holders via Jungles farming.
- Transaction processing fees - Investors must pay a certain charge for executing peer-to-peer (P2P) payments. This is applicable when users process transactions for buying and selling in Binance Coins (BNB), Binance USD (BUSD), and Panther tokens.
Moreover, the deposit fees is added to the entire liquidity pool. Later, investors will receive rewards for staking Panther tokens.
- Gas Fees - Users must pay gas fees in Binance Coins (BNB) and Binance stablecoins (BUSD) for using the blockchain network. In case they do not possess it, they can process payments via Ethereum (ETH) and Polygon (MATIC) tokens.
Wrapping Up
Want to refurbish the functioning of the traditional financial system? Connect with a Decentralized Exchange (DEX) development company now and build a Pantherswap clone platform soon.