RushMoon — An AMM On Binance Smart Chain For Users To Earn Lucrative Incentives Through Trading

Oscar Clows
4 min readJun 5, 2021

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RushMoon is a system for automatically acquiring liquidity by Staking, Farming and AMM. It uses various unique creative features on the Binance Smart Chain. Automated liquidity pools, yield farming, and automated market makers Rushmoon has created Automated LP, Yield Farm, and the Binance Smart Chain’s Decentralized Exchange Network. To let you inform more about RushMoon finance, let me describe Binance smart Chain in brief.

About Binance Smart Chain

Binance Smart Chain is a cutting-edge programming and interoperability solution for Binance Chain. Binance Smart Chain is employing the technique with the support of 21 validators and the Proof Staked Authority (PoSA). Many validator applicants from Staking will become validators and create blocks. The double sign identification and extra cutting logic provide safety, stability and the end of the chain.

Trading through RushMoon

RushMoon intends to incorporate a trading incentive mechanism into their own AMM dex. RushMoon users may earn tokens through trading. However, unlike classic trading mining, the incentives for trading on RushMoon might be various tokens. Other projects may use their tokens as a reward for specific trading pairings. More information will be released later.

Unique Trading Incentive System

The most essential issue for a newly founded AMM exchange is how in a short time RushMoon can obtain sufficient trade volume. Higher volume equals more commercial charges, and more income may be earned by liquidity providers.

Their only trade incentive mechanism is their answer here:

● Traders in specialized trading pairs can obtain additional token incentives in every business.

● Traders obtain the RATC for most trading pairings (RushMoon Trader Credit).

● Other projects can also provide trading rewards for the trading pairs of their tokens. (So traders are allowed to receive up to 2 tokens for specific trading pairs as a trading incentive.)

● In this approach, they provide other projects with the potential to reward trading, and they will be more inclined to encourage their users to trade on RushMoon.

RushMoon Token (RUSH) Tokenomics

Basic Information

● Token Name: RushMoon

● Token Symbol: RUSH

● Chain: Binance Smart Chain (BEP20)

● Max Supply: Unlimited

Pre-Sale

Presale start date: 23 May 12:00 UTC, ends telist is needed.

Whitelist open until presale starts.

Tokens are locked until the presale end.

● Softcap: 50 BNB

● Hardcap: 200 BNB

● Max duration: 6 hours

● Presale details:

● Price: 1 BNB = 750,000 RUSH

● Pancake listing price: 1 BNB = 650,000 RUSH

● Pancake listing date: Immadierty after hard cap met or 23 May 18:00 UTC

● Max cap per wallet — 3,750,000 RUSH tokens (~5 BNB) No minimum.

Transfer Tax

● Burn Rate: 1% of transfer tax will be burned immediately

● Automatic Liquidity Rate: 4% of transfer tax will be added to the LP pool and locked.

● Total Transfer Tax Rate: 5% of every transfer

Emission Rate

● 1000 RUSH/ block

● 28,800,000 RUSH/ day

● 9.09% to the dev team to ensure essential growth of the project

How Can RUSH Holders Benefit

The reasoning is obvious. RushMoon will use trading fees to purchase back and burn RUSH coins. This can aid in the stabilization of the RUSH token’s price.

Furthermore, Jungles will get 10% of the entire supply of RATC, implying that RUSH token holders can bet their RUSH to obtain RATC. so,What is RATC? RATC is RushMoon’s second token, and it will be utilized as trade rewards on their trading incentive system.

The spread of crypto-currency on the market and everyday life as an enterprise-based combined returnthe list and AMM may help structure your business and boost blockchain and cryptocurrency development. RushMoon is designed to work in a range of ways with a specific function for the users to provide rewards and benefits that they may expect.

Useful Links

Website: https://rushmoon.finance
Github: https://github.com/RushMoonBSC
Twitter: https://twitter.com/RushMoonBSC
Medium: https://rushmoon.medium.com
Telegram Ann: https://t.me/rushmoonofficial
Whitepaper: https://docs.rushmoon.finance

Author

Bitcointalk Username: oscarclows
Telegram Username: @oscarclows
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1769225
BEP-20 Wallet : 0xD01D015CCe1c272a28844D1DfB48181E7De56384

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