# Welcome to EuroSwap

## Main Features

### Automatic Burn

Each transfer of EURO comes with a 2% transfer tax. The 2% transfer tax gets automatically burned through the contract to low the supply and raise the price floor continuously before farming starts.

### Deposit Fee Redistribution

A 4% deposit fee will be charged when users enter staking on EuroSwap non-EURO pools. The fees will be used to buyback EURO.

### No Migrator Code <a href="#no-migrator-code" id="no-migrator-code"></a>

The migrator code in the MasterChef contract has been removed.&#x20;


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Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.