Phase 1 and introduction to LamboFinance

3 min readApr 1, 2021

Bringing dual farming rewards through margin trading and lending, to yield farming, on the Binance Smart Chain.

The LAMBO token

Fair launch, no presales.
Farming LPs(Farms) and Staking Pools will be made available an hour before block rewards commencing.

For the purpose of a fair seed, only 1 BNB + 0.05 LAMBO will be added, to set a starting price.

Rewards per Block: 11 LAMBO
Daily Emission Rate: 316800 LAMBO
Rewards Distribution: Farms + Staking pools share 10 LAMBO rewards per block, 0.8 LAMBO is allocated towards team, and 0.2 LAMBO allocated towards the Black hole.

Starting block: 6219900

Binance Block Countdown

Contract Address: 0xD2ed16024096E4A89D31674ef6fa297EA8BC9ab4

MasterChef: 0xb16AE571Ff45d16847a438Fac9446bC6BA9653f0

Timelock(6h): 0x6AD5fF0E4D08152ee96F9A935f623Fe0d337E475

Dev Fee Address: 0x6e66A6835996802db2a6cD1152Efe039D2EAd567

Transfer of ownership to timelock: https://bscscan.com/tx/0xb1b57d7b940e7793bbd298c0f6ac0636545a05f3ada4454a8e7d20dbf3c825ed

Farms + Staking pools

Farms
LAMBO-BNB 0% deposit fee x40
LAMBO-BUSD 0% deposit fee x25
BNB-BUSD 4% deposit fee x5

Staking pools

USDC 4% deposit fee x1
USDT 4% deposit fee x1
WBNB 4% deposit fee x2
BUSD 4% deposit fee x2
ETH 4% deposit fee x2
BTC 4% deposit fee x2
CAKE 4% deposit fee x2
XVS 4% deposit fee x2
DGN 4% deposit fee x1
CRX 4% deposit fee x1

Utility + Deposit fee distribution

Adoption Amplifier

LAMBO LP farming will be one of the first to offer real value dividends. Previously farming based models are known to be zero sum and offering no further utility once APY begins to drop.

In order to move forward with this initiative and further adoption of the unimex.trade/BSC platform we are re-allocating the team’s platform fee towards LAMBO LP staking contracts.

What does this mean?
LAMBO-BNB and LAMBO-BUSD LP stakers whilst farming will receive directly claimable WBNB rewards.

4% deposit fee is distributed as follows:

50% of deposit fees are allocated towards a price floor increasing model, LAMBO is bought back(creating upwards pressure) and added to LAMBO-BNB and LAMBO-BUSD pairs as permanently locked liquidity. This helps to provide more stable APY’s over-time.
Remaining 50% of deposit fees are allocated towards unimex.trade/BSC lending pools.

What does this mean?
This creates a positive feedback loop where higher lending pools allow for more trading/lending volume, which produce more WBNB rewards for LAMBO LP stakers ⬆️

Phase 2 and Black hole burn mechanism

Throughout phase 1 we will allow the WBNB dividends to stack for LAMBO-LP stakers, this means the WBNB dividends are not claimable till phase 2.
Why you may ask?
This is because WBNB dividends are not the only dividends stakers will be receiving.

As part of phase 2, which is in-line with stablecoin pairs and deposits on unimex.trade/BSC release, early April LAMBO-LP stakers will also start receiving BUSD, USDT, and USDC dividends.

To put into perspective:

Phase 1
LAMBO+ WBNB rewards begin stacking

Phase 2
LAMBO+ WBNB + BUSD + USDT + USDC rewards made claimable via ui

There will be a simple staking migration come early April, we look forward to seeing all the progress then!

Official website: https://lambofinance.farm/

Telegram: https://t.me/lambofinance_chat

Twitter: https://twitter.com/FinanceLambo