Increasing value of HONEY through a unique burning mechanism
- Earned yields from the delegated farming will be used for HONEY buyback and burn
As HoneyFarm is contributing to the liquidity pools of PancakeSwap, these tokens are more than just a way to farm HONEY. We'd like to play the long HoneyFarm and make a benefit for users from these LP tokens in an optimal way.
When a wallet deposits an LP token into a farm, the HoneyFarm Smart Contract will then delegate these tokens to its farms on PCS. When the wallet withdraws the LP tokens out of the farm, the LP tokens will be withdrawn by the contract out of PCS as well. The wallet will still earn sweet HONEY as a reward, but the contract will also earn yields from 3rd party pools. These harvested tokens will then be used to buy and burn HONEY tokens to increase the value and stability of HONEY.