RushMars, a decentralized project based on BSC and AMM to trade tokens among investors. RushMars (RMARS) is the next generation of Automated Market Making (AMM) decentralized exchange with a deflationary governance token model. They are your go-to yield farm running on Binance Smart Chain and Pancakeswap exchange, with lots of other features that let you earn tokens. As with the current wave of second-generation yield farms, the aim is to create a perpetual deflation token, the RMARS, with a continual burn mechanism in order to field an environment that can sustain long term gains with consistently high APR for greater earning
What Is An Automated Market Maker (AMM)?
An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm. Traditional market-making usually works with firms with vast resources and complex strategies. Market makers help you get a good price and tight bid-ask spread on an order book exchange like Binance.
RushMars Stats
Total Supply 41,119,810
Circulation Supply 31,750,013
Total Burned 3,905,513
Tax Fee 2.5%
RushMars/Block 100
Main Features
● Automatic Liquidity
As mentioned previously, there is a 5% transfer tax on each transaction, the 4% transfer tax will be added to the RUSH-BNB liquidity pool through the contract automatically. The liquidity is locked and inaccessible, raising the price floor every time a transaction is made.
● Harvest Lockup
Harvest lockup is a unique and creative farming rewards lockup mechanism. This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dumping.
● Deposit Fee Redistribution
A 4% deposit fee will be charged when users enter staking on RushMoon, They plan to use the deposit fee to add more liquidity buyback pool. This provides
instead of the removed liquidity of the Rushmars buyback pool.
● BuyBack
Every time this function is called 2% of liquidity is removed and the liquidity is then split into BNB and RushMars. BNB market buys RushMars. The rest 99% of the RushMars is then burned 1% of RushMars sent to the caller of the function to incentivize user spending gas.
RushMars Price And Market Status
RushMars Price
Rush Price $0.00000248
Market Cap ?
Market Cap Dominance 0.00%
Trading Volume $5,266
Volume / Market Cap
24h Low / 24h High $0.00000243 / $0.00000461
7d Low / 7d High $0.00000247 / $0.00000995
Market Cap Rank N/A
All-Time High $0.00056118 -99.6%
May 28, 2021 (22 days)
All-Time Low $0.00000243 1.8%
Jun 20, 2021 (about 6 hours)
IRO Of RushMars
RushMars is launching via an IRO sale on Rushmoon. Finance. More information on IRO may be found there. On IRO Sale, 1 BNB Equals 1000 RMARS, according to RushMars pricing.
● 1 BNB = 850 RMARS; PancakeSwap Listing
● The BNB raised from the IRO sale will be split up as follows:
● Fifty percent of all collected BNB will be put to the MARS-BNB liquidity pool and locked on the RushMars Contract indefinitely.
● Development Fund, Marketing, and a Major Exchange Listing are all 50 percent of the total (Hotbit, Kucoin, Bilaxy, etc.)
At launch, a time lock was introduced to the contract, and the migrator code was removed (inherited from Pancake swap) with a Diffchecker Audit for Emergency Withdraw. I've known them for a few years and am excited to continue working with them. To get more, you have to invest in the project without any hesitation.
Useful links to the project
Website: https://rushmars.finance/
Docs: https://docs.rushmars.finance/
Bscscan: https://bscscan.com/address/0xcc9a0be2c3069da1d7d361aa15e8f4664f007c95
Twitter: https://twitter.com/RushMarsBSC
Telegram Ann: https://t.me/rushmarsofficial
Github: https://github.com/RushMars
Writer
BTT Username: Jacqulynscherer
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2898485
Telegram Username: @geneviewinward
BEP-20 Wallet : 0xCedff9e0618a1d45d2c15E1E1D4cFfCcE25a4352
