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Soon to launch – “KillSwitch” a new DeFi project introduces themselves to mass with ILO

Soon to launch - “KillSwitch” a new DeFi project introduces themselves to mass with ILO

KillSwitch had announced their official ILO (Public Sale) date on 25th October 2021.

The motivation behind this creation is derived solely from the developers who first handled experienced the pain and wished there had been a better outcome. Sympathizing fellow yield farmers, they created the fast and effective smart yield aggregator that aims to make farming easy and “leaving” easier.

KillSwitch Today

Killswitch, today, is a smart yield farming aggregator targeting to increase convenience and security for Binance Smart Chain yield farmers. The feature is now available on Binance Smart Chain and Polygon chain with 3 prominent features which are One-clicked stake, Kill Position, and Semi-Auto Compound.

Prominent Features

1. One-click Stake: A Staking Procedure in one click to minimize time waste within simple steps. You just choose the ‘Pool’ you want to farm and input the desired coin or token that you have (and have to list on a whitelist), then the system will automatically set up the farm for you. Which everything will happen in a single transaction. Additionally, the best router swap will be shown all throughout the process allowing convenience and transparency. 2

. Semi-Auto Compound: All the farmed tokens will be automatically converted to add into users’ positions every 24 hours or will be automatically reinvested by “Guardian of the Galaxy” (anyone who farms in KillSwitch is able to click compound for everyone). This makes sure all yields are reinvested to further maximize the user’s profit. Guardian of the Galaxy earns 1.2% of the whole reward.

3. Kill Position: Users can kill positions at any time. KillSwitch will automatically and Unstake LP tokens, withdraw liquidity for liquidity providing pool and swap assets to BNB or BUSD or another token user can choose.

What to expect in the near future?

Although KillSwitch has made farming easier, there is still much more room for improvement. Primarily, two more features will be introduced shortly. Which are:

Mixture Swap – the swapping of LP tokens to other LP tokens (that are on the whitelist) that users can stake in the source of a pool. This feature is exceptional for those who like to jump around from one platform to another.

Take Profit/ Stop Loss – The ultimate feature allows users to “rest easy” without having to worry about the risk of their investments. The TP/SL is a feature that users can set to close their own investments at a given condition or to receive a certain amount of profit likewise.

KillSwitch token

KillSwitch token is the utility token from KillSwitch which can be used in the following:

With $100 or 500 KSW – users are allowed to use the ‘Take Profit / Stop Loss’ feature.

With $200 or 1,000 KSW – users can lessen the transaction fee of the feature ‘Mixture Swap’ from 0.1% to 0.05%.

With $300 or 1,500 KSW – users can lessen the transaction fee of ‘Withdraw’ from 0.2% to 0.1% ILO on KillSwitch Token KillSwitch will be ready to list utility tokens for its ILO which will be happening on the 25th-31th October 2021.

To check it out visit: https://killswitch.finance/

KillSwitch Socials

Website: https://KillSwitch.finance/

Twitter: https://twitter.com/KillSwitch_Defi

Medium: https://KillSwitch-official.medium.com/guide-to-KillSwitch-yield-aggregator-b7c9aeb2da98

Telegram: https://t.me/KillSwitch_global

$50,000 In Dogecoin And A Tesla Up For Grabs In Binance Giveaway

Binance recently announced that it had opened up Dogecoin withdrawals after it had limited the capability due to an issue with Doge’s latest update. The reinstatement had been a big relief for users who had been unable to withdraw their Dogecoin on the platform. Following this, Binance CEO Changpeng Zhao announced a giveaway for the::Listen

Binance recently announced that it had opened up Dogecoin withdrawals after it had limited the capability due to an issue with Doge’s latest update. The reinstatement had been a big relief for users who had been unable to withdraw their Dogecoin on the platform. Following this, Binance CEO Changpeng Zhao announced a giveaway for the community.

How To Participate

The sign-up process for participating in the giveaway was a pretty straightforward one according to what was posted by the CEO. Zhao said on Twitter that to be eligible, all users would have to do it retweet the tweet announcing the giveaway, follow his account, Elon Musk’s account, and the official Binance Twitter account. Lastly, users need to tweet the prize they want and why they should get it using specified hashtags.

Related Reading | Shiba Inu Grows 33% In One Day As Whales Load Up On SHIB

The CEO announced that users stood a chance to win either $50,000 in Dogecoin or a brand-new Tesla. Each of these prizes would go to lucky winners who would be picked based on their tweets using the hashtag. The tweet included a 13-second video illustrating the things that would be won in the contest.

The contest began on September 29th and will run until December 13th, at which point the winners of both categories would be picked and awarded their prizes. The winner of the car will get a Tesla Model 3, with the option to get the BNB value equivalent of the car.

Tweets vying to win the contest have already begun to fly around on the platform. Twitters users have been using the hashtags to reveal what they would do if they won the prices. This range from holding to purchasing real estate to paying for school, among others. Users only get one chance to enter the contest.

Dogecoin price chart from TradingView.com

Doge continues downtrend | Source: DOGEUSD on TradingView.com

Dogecoin Price

Dogecoin has been seeing some upside in the market but not large enough to make much of a difference. The digital asset’s price had trended low around $0.2 point, more than 60% less than its all-time high. Although the hype around meme coins has not died down, it seems the market seems to have forgotten the original meme coin.

Related Reading | Majority Of Shiba Inu (SHIB) Holders Remain In Profit Despite Downtrend

Despite the downtrend, the meme coin has continued to dominate social media and Google search trends. For the month of November, Dogecoin made the top of the list for most searched cryptocurrency across 30 U.S. states.

The beginning of December has not been too bad for the price, although indicators point to sell signals being in the majority. The price continues to hold above the $0.2 range.

Featured image from Interesting Engineering, chart from TradingView.com

Soon to launch – “KillSwitch” a new DeFi project introduces themselves to mass with ILO

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