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Kebab Finance Review 2021: What Is The Kebab Finance Project About?

Kebab Finance is a Decentralized Exchange (DEX) that leverages Automated Market Making (AMM) technology, the team aims to surpass other AMM’s through innovating advanced yield farming strategies. Kebab Finance Review Is Kebab Finance Legit?

Kebab Finance Review (KEBAB Token)

Kebab Finance is a Decentralized Exchange (DEX) that leverages Automated Market Making (AMM) technology. These types of DEX’s first appeared on the Ethereum network, such as Uniswap and Sushiswap. In Kebab’s case, it is specifically a PancakeSwap fork on the Binance Smart Chain (BSC), which attributes most of its features to SushiSwap on the ETH network.

This exchange model creates seamless token swaps, which are both decentralized and permissionless. This is achieved through using AMM technology coupled with the fundamental aspects of blockchains. Kebab is explicitly focused on providing liquidity in BUSD pairs, creating more liquidity for users who denominate in BUSD.

Kebab Finance Review Is Kebab Finance Legit?

Advantages of Kebab Finance

Earn Kebab tokens from Pancake Swap

It has its own native BEP-20 token, KEBAB, which can be staked or spread across Syrup Pools. Kebab pools provide tokens from other BSC projects but currently only offer users KEBAB or BTCB rewards. 

No Know Your Customer (KYC) policy

Unlike many centralized exchanges, anybody can trade from the hundreds of digital assets with over $100,000,000 in liquidity. Did I mention it’s super simple to use? There will be more information below. This liquidity is currently aggregated from PancakeSwaps liquidity.

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Low Fee’s & Quick Transactions

As previously mentioned, The platform runs on BSC, using BEP-20 tokens. BSC has much lower fees than Ethereum, with fees ranging anywhere from $0.04- $0.20 and transaction taking about five seconds on BSC.

Yield Farming – Earn KEBAB Tokens

Kebab Finance Review Is Kebab Finance Legit?

Yes, I all know why most of you are attracted to the project, yields that you cannot even fathom from centralized finance (banks). They are a couple of different ways to earn yield on Kebab. There are currently nine liquidity pools on Kebab Finance at the time of writing. These pools offer yields ranging from 180%-1457% APY for supplying liquidity into the platform. Kebab offers the following liquidity pools:

· KEBAB-BUSD LP

· KEBAB-BNB LP

· BTCB-BUSD LP

· BNB-BUSD LP

· DAI-BUSD LP

· DOT-BUSD LP

· CAKE-BUSD LP

· USDC-BUSD LP

The yield from the LPs are rewarded in KEBAB. When providing liquidity to these pools, it is crucial to understand how AMM’s work and the arbitrage opportunities they provide, putting the LP’s at risk of Impermanent Loss (IL). This can be exceptionally risky when pooling un-correlated assets and have high volatility, so it is essential to understand the associated risks. The team at Kebab Finance has provided risk factors to each pool to guide investors better.

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Kebab Finance Review Is Kebab Finance Legit?

On top of providing liquidity, users can also stake their KEBAB tokens for additional rewards. Like the PancakeSwap Initial Farm Offerings (IFO), Kebab Finance has shown interest in providing IFO’s. This system allows new projects to raise funds using Kebab Finance. These partnerships allow users to stake KEBAB to earn newly released tokens in return for a Kebab liquidity pool supporting the IFO token. Currently, there are no partnerships yet, so users can only earn KEBAB tokens as well as BTCB. As the team continues to develop, we can expect to see many partnerships, allowing users to acquire unique and innovative tokens.

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Kebab Finance Review Is Kebab Finance Legit?

Deflationary Mechanics

As Kebab has an unlimited supply, the team must develop deflationary mechanisms within the protocol. A great example is set in place by PCS, which has integrated two deflationary measures, a lottery and a IFO system. With that being said, Kebab Finance aims to introduce innovation on the front of deflationary mechanisms. The team is eager to introduce these mechanics, but they do not want to do it in a manner that hurts the protocol’s longevity. Currently, the Kebab Finance team is looking into creating a burn mechanism that rewards investors in BTC or ETH. On top of this, the team has expressed interest in coupling their IFO system with a burn mechanic.

Kebab Finance Review Is Kebab Finance Legit?

The team has begun investing in BTCST, receiving 11 satoshis per block for the next 35 days to achieve this. This mechanism is currently in its grass-root stages, and we can expect to receive more information in the coming updates. Overall, this will allow users to burn KEBAB in return for BTCB rewards.

Kebab Finance Review

Upcoming Features

The team at Kebab Finance aims to continue its explosive growth through continuous innovation. Currently, the team is working on releasing the following developments:

–TrustWallet Listing

–Updated Dashboard

–Burn Mechanism

These developments boast a lot of innovation to look forward to. The TrustWallet listing goes even further, allowing users to stake Kebab to earn TWT. On top of this, the team is frivolously working on releasing its updated dashboard, setting it apart from its predecessor, PCS. Finally, the team is working on launching its innovative and novel deflationary mechanism.

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Concluding Thoughts (Is Kebab Finance Legit?)

The Kebab Finance team has taken the BSC by storm, with over 25,000,000 in TVL across the platform. The token has also experienced an immense rally, up over 500% since the launch. This project aims to build the innovative model of PancakeSwap, and the team seems to have a couple of tricks up their sleeve.

This can be seen in their novel idea of creating a deflationary mechanism that rewards users in the most considerable crypto assets, BTC and ETH. Overall the team has had an explosive launch, and they have expressed no intentions of slowing down. I am excited to see what this team can build on top of the already successful PCS AMM platform.

What’s your thought on my Kebab Finance Review?

Oladimeji Abubakar
Hi, I'm Oladimeji Abubakar, a young Nigerian blogger and writer. I've special interest in making money online just like many other people and this is why I chose the review niche where I'd get to show people the websites to join and the ones not to. I hope my reviews helps😀.

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