Error404 Finance — A Close Look Inside the Protocol

Error404 Finance
2 min readMay 2, 2021

Let’s get straight into the inner workings of Error404 Finance.

Farms & Vaults:

Every Farm & Vault has its unique MasterChef making the administration of every farm independent, flexible, and doesn’t require the project to go through a major change when one farm has to be removed.

‌Error404 Farms & Vaults are the only pools on BSC that actively uses the profits from the TVL to compound and earn more through the strategies implemented and directed by the Error404 dev team. All profits are harvested and reinvested into the highest yield pools and farms across Binance Smart Chain.

‌Users get rewarded regardless of the strategies being used from the TVL, this allows Error404 to always generate more profits, by actively harvesting and distributing the profits made from the TVL into other higher yield farms.‌

Error 404 Vaults save users time and enable higher yields through more frequent profit compounding, more efficient gas usage, and other creative automations derived from the TVL deposited by the user.

Farms & Pool Administration:

Error404 devs are committed to manually harvest the rewards from the strategies, reinvest profits, and check routes once per day.

Every day, the devs will harvest and distribute 70% from the profits made from each farm’s strategy, this can either go back to rebuy and add liquidity to Error404 token, or buyback & burn 404 tokens, or reinvest into new farms to continue compounding and generating more profits.

Tokenomics & Fees:

404 Token Distribution‌:

404 rewards per block distributed: ~14,400 Error404/day | 0.5 Error404/block

10.00% to Error404.finance Dev Team to ensure essential growth of the protocol.

1% goes to Error404.finance lottery.

No maximum supply of 404 tokens.‌

Pre-mint: 200,000 Error 404 Token

All Vaults (Excluding 404 Vaults):

Deposit fee: 0.1%
Withdrawal fee: 0%
Perfomance fee: 0%
Harvest fee: 0%

We enhance profits for users by removing unnecessary deposit fees.

This improves duration time to profit for users who are frustrated with “farming to make back initial deposit fee capital lost” and removes risk for staying staked in a protocol that could be volatile.

Error404 Profit Distribution:

30% Profits for developers, which will be used for the ongoing development of the project.
- Developer Wages
- Marketing & Promotional
- Infrastructure & Overhead
- Etc.

70% Will be used to either:
- Add liquidity
- Buyback & burn 404 tokens
- Reinvest into new farms to continue compounding and generating more profits.

Referral System:

Earn 0.5% of every transaction for every wallet you refer.
One level only per wallet.

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