Burger Project Overview + Chart Analysis (690%+ Mapped)

15 lis 2020

About Burger Swap

BurgerSwap is the first democratized decentralized AMM on Binance Smart Chain, built without the control of any centralized entity, through smart contracts.

BurgerSwap has been developed based on the DEMAX decentralized finance platform built on Binance Smart Chain, enabling a swapping mechanism with democratic decentralized mechanics which allows changing parameters by the community through transparent voting.

With BurgerSwap, it could become possible for any user to create proposals to adjust transaction fees, block rewards and other system parameters of the exchange, and any user staking BURGER tokens can vote to pass or reject a proposal. The BurgerSwap decentralized governance system cannot be managed and controlled by any centralized entity. Users are said to be rewarded with BURGER tokens as long as they create liquidity, stake, and vote in the governance system.

Use at your own risk and always remember to DYOR.
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About Burger money

BURGER is a decentralized community-driven DeFi project which aims to empower users to earn passively on their liquid ERC20 assets. It claims to offer the following benefits:

• Only 0.3 BURGER per block. Versus 1000 on other coins. So inflation is 1/10th
  
• Only 4% dev rewards. Rest tokens like SUSHI have 10% and more
  
• Clean code. No mint function which can mint. Mint is only possible with BURGER CHEF and BURGER CHEF can only mint reward blocks
  
• Periodic burns
  
• 0 premine
  
• Starts with 0 value. So users can get the best value when it starts.
  
• Burning 50% of dev burger tokens accumulated etherscan.io/block/countdown/10800000.
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    Source: Coinmarketcap.com

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Here we have Burger vs Binance Coin (BURGERBNB) with Fibs. levels mapped.

Prices hit a low 22-Oct. followed by bullish action.

Currently, we are seeing an increase in trading volume, prices moving above EMA50 and then indicators, RSI & MACD, going bullish.

You can find additional details on the chart.

Namaste.

Note: This is not financial advice.
All the information is shared here for learning and/or entertainment purposes only.