The return of the Avatar

Avatar Finance
3 min readMay 15, 2021

We all know how the story goes. Finally, after 100 years, the avatar is back!‌

Introducing $AVATAR, the 3rd generation yield farm in Binance Smart Chain.‌

As ex farmers, we are a dedicated team who wishes to create a safe environment for our fellow farmers to farm in peace. Therefore, we have implemented several safety measures.

To cope with inflation, we have also implemented features such as the Automatic Emission Reduction mechanism.

Emission Rate

ust like other farms, the emission rate of the $AVATAR tokens will be set at 1 $AVATAR/Block.‌

To fight the inflation, we have also included a code which will reduce the emission rate automatically.‌

Every 9600 blocks, approximately 8 hours, the emission rate will be reduced by 3%.‌

Eventually, the emission rate will stop at 0.1 $AVATAR/Block.

Farming products

To rebuild the air temples, we will be using the following multiplier for the different pools available in the Air Temple:‌

  1. AVATAR-BUSD LP X48
  2. AVATAR-BNB LP X45
  3. BNB-BUSD X6
  4. BTCB-BNB LP X6
  5. ETH-BNB LP X6
  6. DOT-BNB LP X6
  7. CAKE-BNB LP X6
  8. DAI-BUSD LP X6
  9. USDT-BUSD LP X6
  10. USDC-BUSD LP X6

After getting invaded by the fire nation, the southern water tribe need to rebuild with the following multiplier:‌

  1. AVATAR X25
  2. BUSD X4
  3. WBNB X4
  4. BTCB X4
  5. ETH X4
  6. DOTX4
  7. CAKE X4
  8. DAI X4
  9. USDT X4
  10. USDC X4

Securities Measures

There have been a lot of rug pulls in yield farms recently, and as a team that has previously played in yield farms, we recognize the distress that farmers face when deciding to invest in a new yield farm. That is why, as a community, we wanted to build a safe environment for farmers.

‌Here’s a rundown of the safety precautions we’ve taken:‌

  1. Migrator Code Removed
  2. No Additional Proxy Contracts
  3. Timelock Contract (will be activated after fair launch)
  4. Initial Liquidity Burned (will be done right after fair launch)
  5. All developer’s emission is burned automatically within the code

Anti Rugging System

As mentioned previously, we are committed to create a safe environment for farmers. What’s best to prove our word than with our actions?‌

Therefore, we have decided to send all of our $AVATAR tokens to the dead address. This is including the 10% block rewards that developers will receive. In this case, we will literally have ZERO $AVATAR tokens in the developer’s wallet, making this impossible to rug!

Launch

Fair launch will be held on 18 May 2021, 2AM GMT
https://countingdownto.com/?c=3608876

TOKENOMICS
Initial supply will be 500 $AVATAR ❄️, at $4 each.

Farming will start on block 7522000
https://bscscan.com/block/countdown/7522000

Links

To fight against the fire nation, we will need all benders to gather at the respective social media platforms!‌

Join us on our social media:

‌Twitter: https://twitter.com/home

‌Telegram: https://t.me/DefiAvatar

Gitbook: https://avatarfinance.gitbook.io/avatar-finance/

‌Website: https://www.avatardefi.com/

‌Where to buy: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x3A5ef373E8147B69AaF00BF65A42BAf833403A50

‌How does farming works: https://www.youtube.com/watch?v=4nSLa3vJbOY

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