Burger Shack
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Burger Shack allows users to stake single tokens such as BNB, BUSD, USDT, BTCB, MDX, HMDX, and ETH for mining USDT and xBURGER, the double rewards. Inside Burger Shack’s kitchen, our team will match all the staked assets to the high yield pools to maximize the yield for single token mining. Burger Shack will then convert the mining rewards into USDT and distribute it to users. In addition, users can obtain a proportional amount of Burger Shack token xBURGER according to the portion size of their staked tokens.
In comparison to LP token mining, with Burger Shack, users would not need to take the risk of the impermanent loss and the extra transactional fees. Burger Shack would only charge 10% of the mining revenue for the repurchasing and burning of xBURGER and BURGER, which is broken down as follows:
8%- repurchase and burn xBURGER
2%- repurchase and burn BURGER.
xBURGER is the token of BurgerShack, BurgerShack would charge 10% of the mining revenue for the repurchasing and burning of xBURGER and BURGER, of which 8% will be used to repurchase and burn xBURGER, and 2% will be used to repurchase and burn BURGER. More sections and usage scenarios will be launched to empower xBURGER, such as Liquidity Pool, LP Pool, Farming Pool, and so on.