DeFiFarms is a new financial ecosystem

The cryptocurrency market has grown significantly in recent years. All of this is inseparable from the support and dedication of various individuals, teams, and platforms who together want to build a better crypto world. One of the hot innovations right now is the DeFi protocol or decentralized finance, which is an umbrella of blockchain-based decentralized financial applications for various crypto users' needs. This protocol offers various solutions such as swap, stake, yield farm, lend or borrow, launchpad, etc., which allow users to maximize the return on their investment, exchange crypto, or other things.

This is DeFiFarms, the First NFTs protocol Automatic Liquidity Acquisition Yield Farm & AMM, which will provide users with a DeFi service they can rely on. What DeFiFarms offers is the DeFi NFT protocol for utilizing ERC-721 tokens for Yield Farming on Binance Smart Chain. This way allows staking to be more dynamic and linked to a transferable NFT.

What are the Benefits of DeFi?

Decentralized Finance systems are not just a theoretical model which has little or no use, but rather greatly practicable concept with thousands of amazing benefits. Some of the benefits of DeFi includes the following;?

• No centralized authority is involved to control and monitor financial transactions. Deposit and withdrawal via DeFi are free from any external intervention. No restrictions on transferring funds from one user to the other. There is total control of funds as any transactions can never be stopped by any third party intermediaries. It doesn’t matter your age, status, nationality and the likes, DeFi doesn’t restrict anybody to access financial services.?
• There is 100% autonomy, as every users in the DeFi system has his own portion of financial sovereignty and autonomous control. Since you know how the system works, nothing can interfere with any of the processes.?
• Every participants in the DeFi system can access the highest level of financial services, since it only takes an internet connection, and a smartphone to gain access to the system. It doesn’t matter your location, everybody can access it as far as there is interest and passion for it.?
• Since DeFi is decentralized and it’s a blockchain-based platform, it makes it much more safer and hard to penetrate by hackers and malicious activities. Blockchain is practically impenetrable and immutable, so, it makes DeFi system a much more secured platform without doubt.?

About DeFiFarms :

DeFiFarms solution integrate Decentralized Finance (DeFi) and Non Fungible token (NFTs) using innovative model . DeFiFarms is the world first DeFi project that will implements ERC721 Token Standard for its yield Farming on BSC network . It implored advance model of staking in DeFi . Unlike the regular DeFi staking system where users stake directly from their hot wallet . DeFiFarms allows NFTs stakes to be movable . Providing liquidity on DeFiFarms allows users assets converted immediately to NFTs after staking them . They can as well receive their staking rewards in NFTs as well which can be sold in the platform market directly.

Users of the platform dont need to create hot wallet for staking and receiving their rewards since the staking protocol gives unique NFTs for every stake to allow users to kept in a very secured wallet , the protocol allows burning of these NFTs to unstake them or selling them directly on DeFiFarm marketplace. NFTs is a new Financial instruments with unlimited potential

DeFiFarms Features

DeFi and NFT are two innovations in the crypto market which greatly facilitate crypto users and make the crypto market more attractive than before. These two protocols have even become a trend in the crypto market and experts predict that these two sectors are potential sectors in the crypto market. And DeFiFarms is here as a DeFi platform supported by the NFT protocol to create a stake token that is more flexible and linked to transferable NFT.? But that's not all, there are several other features of DeFiFarms:

• Highly Secured: DeFiFarms serves as a platform that proofs any form of hacking and cyber attacks once users do not reveal the keys to the platform.
• Merchant Adoption:?Merchants have a very good edge and chances on DeFiFarms platforms because DeFiFarms has created a well sustainable trading platform that benefits all merchants trying to increase their profit, with he effect of a stable currency and indeed a low cost system.
• Automated Liquidity: For every transfer with DEFIY will be subject to 8% tax. Later, 6% of the tax will be added to the DEFIY-BNB liquidity pool automatically.
• DEX Trading: a decentralized exchange that will be able inside the DefiFarms ecosystem in order to exchange different cryptocurrencies with low transaction fees.
• Deposit Fee Redistribution:instead of many projects, DefiFarms will redistribute the 4% of deposit fee to DEFIY holders in order to encourage the holding mechanism. The total fee for enter the staking program is 5%.
• DEFIY as a utility token:?DEFIY will be used not only as a reward token, but also as a token to trade different actions inside the platform and in peer-to-peer system.
• Yield farming: Users can stake LP tokens to get more token rewards.
• Staking: Users can stake tokens to get passive income every day.
• DeFiFarms Wallet: Digital wallet developed to make transactions easier.
• NFTs: DeFiFarms also supports Non-fungible tokens, which represent unique digital assets such as works of art, or others.

Defifarms Ecosystem :

Like, previously iterated, Defifarms serves as a platform that interconnects other DEFI- capable blockchain projects. This allows users to benefit from an expanded decentralized finance protocol without putting into consideration pre –existing community loyalties. Every party involved has the liberty of staking, trading and farming with the aim of earning more coins. Here are the seven pillars of the Defifarms Ecosystem.

Defifarms Tokeonomics

Below is a pictorial representation of the Defifarms tokenomics. You can look at it and get yourself acquainted with the Defifarms project.If you need any further clarification, please don't hesitate you get in touch the community administrators through the telegram link below.

Roadmap :

Defifarms road map clearly explains how the company plans to run their developmental activities in a timely manner. You kindly get acquainted with them.

Team :

Conclusion :

My opinion, DeFiFarms is something new in crypto world. I must say that we should join this revolutionary project with various features and solutions provided by this project. This is user-friendly platform that increases the profitability and is easy to use even for non-technical users. So it is hoped that their will be more people who can feel the benefits of crypto.

For important information about this project see the link below:

Website:?https://defifarms.org/

Twitter:?https://twitter.com/DeFiFarmsNFTs

Telegram:?https://t.me/DefifarmsNFT

Medium:?https://defifarmsnfts.medium.com/

Github:?https://github.com/defifarms

Reddit:?https://www.reddit.com/user/DeFiFarmsNFTs

Whitepaper:?https://defifarms.org/documents/Defifarms_Whitepaper.pdf

Author:

Proof of Authentication -?https://www.altcoinstalks.com/index.php?topic=221072.msg1199951#msg1199951

Altcoins Username: shuvenker999

Telegram Username: @ saha999

Altcoins url:?https://www.altcoinstalks.com/index.php?action=profile;area=summary;u=22789

BSC Wallet Address: 0xbbc92e1Dd8565b16ed6d4D0d2D6915CdCb91f331