DeFiFarms - the First NFTs Protocol Powerful Automatic Liquidity Acquisition Yield Farm & AMM
DeFiFarms is a project that combines NFTs Protocol Powerful Automatic Liquidity Acquisition Yield Farm and AMM decentralized exchange on Binance Smart Chain, while having many unique and creative features that will satisfy the demand of any modern cryptocurrency user. Anyone who wants to use DeFiFarms will be able to easily and conveniently access to earn money on this platform, which has a wide range of tools that are constantly being improved.
Working mechanism of DeFiFarms
Each DEFIY transaction has a tax of 8%, 6% transfer tax will be added to the DEFIY-BNB pool to increase the minimum price.
The 2% transfer tax that remains will be automatically burned immediately.
This tool is used to limit frequent harvests and, as a result, active sales. Such limits will have a time of several hours through which you can withdraw the earned. This information will be available on every farm card.
There will be such restrictions on the movement of funds: Transfer more than 0.5% of the total volume of the offer will be rejected, with a gradual development this percentage will decrease
There are no such restrictions for depositing or withdrawing tokens from farms.
5% commission is removed from a deposit in farming on DefiFarms, 1% will go to developers in the development fund, and 4% will be distributed among DEFIY holders through Defi Factory.
Defi Factory is a pool for DEFIY holders in which they can stake their DEFIY and at the same time receive other tokens. Two Defi Factories BUSD and BNB will be launched.
The advantages offered by the DeFiFarms platform
DEX Trading
Merchant Adoption
DeFiFarms provides currency stability for sellers and low fees.
Increased demand and utility for DEFIY tokens
DEFIY tokens will be used in a variety of trading promotions that will generate demand for it for use as collateral.
DeFiFarms Ecosystem
The DeFiFarms ecosystem allows all the blockchains that support DEFI to be unified, which allows the user to fully and fully benefit from the benefits of the decentralized finance protocol. Everyone who wants to can take part in DEFI stake, market and farm. This approach will benefit from the DeFiFarms platform.
DeFiFarms consists of the following components that provide a wide range of services in the ecosystem:
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Trading
The automated market maker on the DeFiFarms platform allows exchanges on all blockchain platforms, and users can also exchange digital assets without delay in conversion and without the need for books. DeFiFarms users will be able to trade with liquidity pools between networks and execute orders instantly.
Yield farming
By placing their funds in stake, users will receive income, as well as it will stimulate liquidity providers. place your funds in pools.
DeFiFarms Wallet
This is a cross-chain wallet for users in which they get access to assets through the blockchain. It will allow you to use all the features of DeFi and will be available on Android, iOS and web platforms.
NFTs
DeFiFarms is developing its own NFT exchange that will have wide functionality and will simplify the trade of non-fungible assets and the creation of the DeFiFarms NFTs.
DeFiFarms Tokenomics
DefiFarms Non-Fungible Yearn (DEFIY) is a token of the DeFiFarms platform that is used to improve farming, staking, earnings ...
Token Details
Token Name: DefiFarms Non-Fungible Yearn
Chain: Binance Smart Chain (BEP20)
Token Symbol: DEFIY
Contract Address: 0x2307DfB065CF1c9c5bC0f3435b49830C0AB86847
Max Supply: 100,000,000
Token Distribution
Strategic Investors
Roadmap
Team
Author:
badlam
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3 年Nice informative article! Thanks for your work, worthy of a like!
A revolutionary approach that improves work efficiency with the use of blockchain technology.
Бухгалтер
3 年Team is qualified and experienced.
Blockchain, Cryptocurrency, Investor, Business
3 年I hope the project team will make every effort to develop it.
Blockchain | Cryptocurrency | Trade | Develop |
3 年The platform looks promising and, with proper development, could become popular