# Alchemist Defi Project Information

Alchemist Defi is a brand new project designed by an experienced development team as the 3rd generation deflationary yield farm, Liquidity Provider & AMM on Binance Smart Chain. After the initial launch the original developer could no longer give his full attention to Alchemist DeFi, so a new team has stepped in to take over.&#x20;

We aim to be the most transparent project in the DeFi space. This is not just something we say, but something we truly hope to become known for.

Besides the buyback burning mechanism introduced by Goose Finance, we have implemented some unique innovative features on Alchemist's yield farm to increase value for our investors.

**Here are some highlight features that have already been implemented:**

* **Buyback Burning Mechanism**
* **Transfer Tax Burning Mechanism**
* **Automated inflation reduction**

Our approach is to test, retest and push everything to the limits. To increase SAFUty, the following is enforced :

* **Migrator Code Removed**
* **Timelock Added at Launch**
* **Farming starts at a given block (no minting backdoor)**
* **Doxed dev team**

_Kindly be reminded, please always Do Your Own Research! Only invest what you can afford to lose._
