WSBDapp to list WSB token on BUSTA DEX with custom swap fees

August 31st, 2021

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We’re excited to announce that Wall Street Bets — DeFi’ing Wall Street with Blockchain Tradable Assets — will list $WSB on BUSTA DEX this coming week!

By listing their token on BUSTA DEX, WSBDapp can choose their own custom swap fees and fee distribution through BUSTA DEX’s customizable smart contracts for each listed token. Not only have they chosen their own custom swap fee, but they have the ability to adjust it as they choose in the future depending on liquidity, market conditions, and community sentiment

The Wall Street Bets Decentralized Application is leading the charge towards transparent investment governance. The team at WSBDapp have recently launched their trading platform for Stonks (Synthetic Stock Asset Trackers) and are finalizing the first E.T.Ps (Exchange Traded Portfolios)

It made perfect sense that when BUSTA DEX came along with their customizable swap fees and fee distribution that WSBDapp would be one of the first partners to take advantage of the innovation

For starters, they’re only moving a small amount of their total liquidity to provide the proof of concept for the WSB, BUSTA, and wider BSC DeFi community to observe and see what’s possible with our customizable smart contracts

Here is what they’ve chosen for their initial swap fee and distribution;

0.25% total swap fee, distributed as:

  • 0.08% auto-burn WSB
  • 0.08% auto-add WSB-BNB liquidity
  • 0.06% return to LP providers
  • 0.03% to BUSTA DAO

So instead of burning another DEX’s native token with the swap fees, they’re burning their own, and auto-adding liquidity to the LP pool too

The BUSTA DAO gets a small percentage of the fees too, but the majority goes to benefitting the WSB project and community

WSB is the 3rd partner token to list on BUSTA DEX and there are more coming! I mean, why list on other DEXs that burn THEIR token from YOUR swap fees when you could burn YOUR own and so much more!?

Here’s a brief summary of what’s achievable when listing a token with a customized smart contract on BUSTA DEX:

  • Choose your own swap fee % and fee distribution among LP return, auto-burning your token, auto-add your liquidity, treasury payment (to you)
  • Future proofed — Adjust all the variables any time in the future
  • Make the most of your trading volume — burn your token instead of someone else’s
  • Easy CEX listings — Utilize tx tax features without irreversibly hard-coding them into your token contract
  • All the tx tax benefits, none of the downsides — No tx tax fees on wallet to wallet transfers and creating/breaking LP

Lastly, we want to say a big thanks to the team at WSBDApp for being one of the first projects to list with us!

Being the new DEX in town with such an innovative concept we’ve had some challenges conveying the idea to people given how disruptive the BUSTA DEX is, probably like when Elon first said we’re going to Mars ;)

We appreciate WSBDApp reading through our docs and taking us seriously enough to have a chat and see the glorious benefits of what we’ve built

Disclaimer — An advisor on the BUSTA team is also an advisor on the WSB team

About BUSTA

BUSTA is a next generation GameFi platform & DEX built on Binance Smart Chain

It is an enormous and ambitious ecosystem soon to be populated by multiple games and tokens. Accompanied by it’s own niche DEX with customisable smart contracts for every token, Staking pools, Affiliate and Partner programs, and DAO, it is truly unique in it’s intricately woven architecture

‌It is capable of huge horizontal and vertical growth and expandability, while keeping all profit cycling within the ecosystem itself and managed by the community via the DAO

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Website | DEX | Game | Affiliate program | GitBook | Telegram | Twitter

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STARTER (IDO Partner)

The #1 and most technologically advanced community token presale platform for Polygon and Binance Smart Chain $START https://starter.xyz

✉️ Telegram: https://t.me/starterxyz

🐦 Twitter: https://twitter.com/starterxyz

🔊 Announcements: https://t.me/starter_announcements

🚀 START BSC Contract: https://bscscan.com/token/0x31d0a7ada4d4c131eb612db48861211f63e57610

🚀 START Polygon Contract: https://polygonscan.com/token/0x6ccf12b480a99c54b23647c995f4525d544a7e72

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SAMURAI (IDO Partner)

Samurai by CyberFi is a full suite Decentralized Cross-Chain Crowdfunding Launchpad & Stakepad built for the evolution of Defi.

CyberFi Website: https://cyberfi.tech/

Samurai Website: https://samurai.cyberfi.tech

Telegram: https://t.me/cyberfi_tech

Twitter: https://twitter.com/cyberfi_tech

$CFi on CoinGecko

🦄 Buy $CFi on Uniswap

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The next generation iGaming + DeFi platform on BSC with a multi-token crash game and built-in DEX