DEFT Security update has been applied

Many changes are implemented: disabled referral program, changed tax system, manual burns will be done quarterly, changing redistribution, new anti pump & dump algorithm, etc

Changes:

  1. Disabled referral program
  2. Changed tax system:
    • instead of taxing every transaction contract is taxing only uniswap/pancake swap sells
    • buys/transfers/bridge have 0% tax
  3. Manual burns will be done quarterly
  4. Changing redistribution:
    • contract redistributes 100% of taxes to holders
  5. New anti pump & dump algorithm:
    • There will be 3 cycles of taxes starting from the time you buy:
    • Cycle 1 (4 months)
      This starts when you buy with a tax of 15% reducing linearly to 8%
      Cycle 2 (4 months )
      tax reduces linearly from 8 % to 3%
      Cycle 3 (4 months)
      tax reduces linearly from 3% to 0%
    • this tax system is designed to protect the community/investors from pump and dump schemes and also to eliminate taxes for long-term investors.
    • The cycle restarts when a transfer is made to another wallet
    • With additional purchases, cycle rebalances using a weighted average
    • In the new dashboard you will be able to see your current cycle tax: https://app.defifactory.fi
  6. Anti-whale protection (buy limits)
    • we can limit uniswap/pancakeswap buys to not more than 1% of liquidity per transaction
    • right now buy limits are disabled
DEFT-dashboard

Development progress

โœ… Cycle tax progress dashboard is ready: https://app.defifactory.fi
โœ… Cross Chain Bridge ETH <—> BSC is ready: https://bridge.defifactory.fi

  • bridge ETH –> BSC (0.5% fee)
  • bridge BSC –> ETH (1% fee)

โœ… Pancakeswap small test liquidity added: https://exchange.pancakeswap.finance/#/swap?inputCurrency=BNB&outputCurrency=0xdef1fac7bf08f173d286bbbdcbeeade695129840
โœ… Dextools Pancakeswap: https://www.dextools.io/app/pancakeswap/pair-explorer/0x077324b361272dde2d757f8ec6eb59daae794519
๐Ÿ’ญ Right now you are able to move DEFT from ETH to BSC chain and backward.
Add the liquidity or do the arbitrage using the bridge

๐Ÿ”ป new listing bot protection development is starting tomorrow (ETA: 27 June)
This will allow us to detect all the listing bots that are stealing liquidity from any new token launch
Only after then, we will be able to proceed to add the liquidity to the BSC chain.
๐Ÿ”ป BSC presale will commence upon completion of liquidity to the BSC Chain
(ETA: 4-11 July)
๐Ÿ”ป Liquidity will also be added on Polygon Chain (ETA: 15-21 July)
๐Ÿ”ป Finally, development of the DEFT token factory will be completed with at least 1 token listing per week to dominate top dextool charts and reward DEFT holders (ETA: 31 July – 15 August)

๐Ÿ”ฅ Tutorial Videos:

๐Ÿงพ Contract address (ETH, BSC): 0xdef1fac7Bf08f173D286BbBDcBeeADe695129840

๐Ÿ“บ Announcing AMA zoom call June 16, 3 PM UTC with anyone who wishes to join.
It will be posted on youtube.

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