The PantherSwap AMM exchange v1 is a complete fork of PancakeSwap, the factory & router smart contracts are the same as PancakeSwap (we only changed "pancake" to "panther" in these two contracts). It means that the contracts where store liquidity (your money) are as safe as PancakeSwap.
You can use the links below to compare the smart contracts of PantherSwap and PancakeSwap.
For each trade, a 0.2% fee is paid. 0.17% goes to liquidity providers and 0.03% goes to the PantherSwap treasury.
For a newly established AMM exchange, the most important question is how we can get enough trading volume in a short period of time. More volume means more trading fees, and liquidity providers can get more revenue.
Here is our solution, our unique trading incentive system:
Traders can get extra token rewards in every trading in specialized trading pairs.
For most trading pairs, traders will receive the PATC (PantherSwap Trader Credit).
Other projects can also provide their tokens as trading rewards for their token's trading pairs. (This means that traders may receive up to 2 tokens as trading rewards for some trading pairs.)
In this way, we provide other projects with the ability to incentivize trading, and they will be more willing to encourage their users to trade on PantherSwap.
Bob swap 1 BNB to BUSD, he will receive a certain number of PATC.
Bob swap 1BNB to TokenA, and if the project owner provides us some TokenA as trading rewards. Bob will receive both PATC and TokenA as the trading rewards.
In this way, we will attract more traders and more projects trading on PantherSwap.
The logic is simple. We will allocate some trading fees to buy back PANTHER tokens and burned. This can help us stabilize the price of the PANTHER token.
Besides, 10% of the total supply PATC will be allocated to Jungles, which means that PANTHER token can stake their PANTHER to earn PATC.
PATC is the second token issued by PantherSwap, PATC will be used as the trading rewards on our trading incentive system.
Briefly, PATC is a SAFEMOON styled token but without a reflection function. But different from most moon tokens, PATC is backed by an existed AMM exchange and has clear use cases.
Max Supply: 1 Quadrillion
15% for jungles farming
75% for trading rewards pool
10% for dev fund
Transfer Tax Fee: 10%
5% for automatic liquidity acquisition
3% resent to the trading rewards pool
More details about PATC will be published later.
PATC can be staked to earn PANTHER
PATC will cover almost all use cases of PANTHER in near future