NarcosFinance Strategies
Each Farm and Pool has a unique strategy that enables the deposited LP to work among our aggregated pools and farms.
The profits that the strategy generate are converted to BUSD.
To illustrate assume that profits converted to BUSD represent 100%, then:
10% of this BUSD is sent to the developers of the project.
40% percent of this BUSD will be used to buy NARCOS to be burned.
12.5% of this BUSD is used to buy BNB, this BNB is sent to another Smart Contract call Smart Chef.
12.5% of this BUSD is used to buy CAKE, this CAKE is sent to another Smart Contract call Smart Chef.
12.5% of this BUSD is used to buy BTCB, this BTCB is sent to another Smart Contract call Smart Chef.
12.5% of this BUSD is used to buy ETH, this ETH is sent to another Smart Contract call Smart Chef.
This allows us to pay in 3 tokens, the tokens available for rewards are, NARCOS, BNB, CAKE, BTCB, and ETH.
Each farm has its own percentages for their rewards; however, rewards will always be paid in 3 tokens.
Farms & Pools
List of available farms and pools that we have aggregated and implemented our strategies.
Deposit Fee: Flat 4% on non NARCOS farms and pools.
Withdraw Fee: None
NARCOS farms and pools have no fee.
Deflationary Mechanism
The deflationary mechanism burns 10% of the tokens per day that are within the LP of NARCOS-BUSD and NARCOS-BNB, this makes the price rise 10% day by day, assuming market cap is kept the same.
Burn transactions can be viewed here https://bscscan.com/token/0xE9749dBE5C4528E6ab056dEE1950e6A8c8ACFBD8?a=0x000000000000000000000000000000000000dead
NarcosFinance NFTs
Inspired by the fearful and powerful drug lords of all times, some of them still alive, others aren’t, nonetheless they will never be forgotten.
In order to participate any NARCOS Finance farms or pools, you must pay respect to the Bosses (CAPOS) in form of NFT. Consider this like your pass to access a unique earnings mechanism in where you get paid in 3 different tokens. Your loyalty to the CAPOS will be rewarded.
All NARCOS tokens used to buy NFT’s will be burned.
Our list of CAPOS (Bosses)
Price per CAPOS: 3 NARCOS
