PantherSwap Announcements
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WBNB jungle has been refilled in case that users can't interact with contract directly using emergencyWithdraw function. Please unstake from WBNB jungle ASAP.
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Do you like the idea that deploy an new independent pantherswap on matic. Different token, different tokenomics, different supply, etc. Please notice that it doesn't mean that we will end the pantherswap on BSC. All panther holders will be benefited by the new swap on matic. This is not a final decision, just to see the wishes of the community. Of course, this plan will not necessarily be implemented.
Hi, community.
After careful consideration, we decided to adjust the transfer tax parameters again. Now every tx charges a 5% transfer tax, 3% for burning, 2% for automatic liquidity. We decided to reduce the transfer tax from 5% to 2%. 1% for burning, 1% for automatic liquidity. The change will be applied in about 24 hours.
Plan A: Unlimited Supply
1. Continuing with our existing tokenomics.
2. More paretnerships for jungles.
3. Issue PATC tokens to reward traders.
4. Add a buyback and burning merchanism for PATC. Use the transfer tax of PATC to buyback PANTHER and burned.
5. Allow PATC holders to earn PANTHER with high ARP.
6. Remove auto liquiduty function of PANTHER. Reduce the transfer tax of PANTHER to 2% or 3%. All transfer tax of PANTHER will be burned.
For plan A: No need of a migration. both token and farms. Stablize the APR so that we can attract more liquidity providers.
Plan B: Capped Supply
1. Capped supply of PANTHER (let's call it xPANTHER). Every holders of PANTHER should swap their PANTHER to xPANTHER.
2. All farms need a migration. You should unstake your LP from the old farms and stake them into the new farms.
3. xPANTHER charge 4% tansfer fee. 2% goes back to the farms (thus we can provide continuous rewards for farms), 1% will be allocated as the trading rewards for traders and 1% will be burned.
For Plan B: Need migrations for both token and farms. Not sure if the system will works well, because as far as we know, no AMM projects provide capped supply like this. The APR may decrease compare to the old one. But the capped supply may provide support for continued price increases.