About
StakeMars Protocol (SMP) is the next generation of deflationary yield farming protocols on Binance Smart Chain.
Everyone has heard of yield farming where you stake a token and get rewarded in the currency you stake. This reward generally comes from minting a new supply of the token which, by its very nature, means the value of the tokens you are holding gradually depreciates over time.
We like rewards but we don’t like devaluing our holders tokens… So what’s so revolutionary about StakeMars Protocol and what makes it better than traditional staking?
When you stake SMP you will be rewarded in BNB instead of SMP tokens. Why is this important? Because it means the SMP you hold will NOT depreciate over time!
Deflationary Yield Farming
Get rewards from Staking without losing the token’s value and minting new supply. Moreover, we burn 1% of every transaction to the DEAD wallet forever.
STAKE & EARN
Every transaction made rewards $SMP holders with 4% back according to their stake portion. Stake your $SMP, treat yourself to some more, and the opportunities are quite literally limitless!
Get rewards in BNB
Unlike most tokens, $SMP rewards its token holders in BNB form.
Auto Liquidity Pool
In each transaction, 4% of every transaction will automatically be added to PancakeSwap’s liquidity pool. This will ensure that $SMP increases its own value over time.
Tokenomics
Transaction Tax
Every Transaction has a 10% fees which are divided into
Liquidity Pool: 4% fee auto add to LP
Rewards: 4% fee distributed to stakers as BNB
Burn: 1% fee burned and sent to DEAD wallet forever
Expenses: 1% fee for marketing and operational expenses
Token Distribution
Total Supply: 100,000,000 tokens Liquidity Lock: 67,000,000 tokens Initial Dev Burn: 30,000,000 tokens Airdrop: 2,000,000 tokens Team: 1,000,000 tokens