Penguin Finance

A Yield Farming on Binance Smart Chain

Introduction

Penguin Finance is an automated market maker (AMM) & a decentralized finance (DeFi) application built on BSC Chain that enables trading of BEP20 tokens, yield farming, and staking. Penguin Finance utilizes an automated market maker model where users trade with a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return. Our main goal is to bring all BSC DeFi ecosystems into a single place to bring a friendly ecosystem for everyone.

Features

Unique burning mechanism

We are trying to create a strong burning mechanism that increases the token price constantly

• 4% burn fee will be charged at staking (current rate)

• The burning transaction fee (75% of the 4%) will be used to purchase PNNG.

Earn

• We hope to create a Penguin Finance Token for everyone to farm from it! Earn PNNG, and other coins (to be determined) while staking.

Security

• Timelock added to contract at launch

• Removed migrator code (inherited from Pancake swap)