The Review of DeFiFarms

The blockchain technology is used in various industries, disciplines and branches in the whole world. Which is a chain of blocks containing information, follows a special method for sending information and provides high security. The features of this interesting technology is rapidly growing its popularity among the people. This technology increases the accuracy of processes, increases productivity, increases speed and security, reduces costs and increases transparency in operations. DeFiFarms built on the Binance Smart Chain. Binance Smart Chain is one of the new frontiers in the crypto space. It offers fast transactions, cheap fees and the royalty Binance Smart Chain presents. DeFiFarms core team has decided to do something ingenious, separating them from the rest of the cryptocurrency projects.

About DeFiFarms

DefiFarms is a decentralized finance project which is developed on the Bainance smart chain network that seeks to create more flexible in the market. The ecosystem of this project is significant due to its ability to exchange cryptographic token between chains. DefiFarms allows users to exchange digital currencies in various blockchains. The protocol is a multi-chain trading protocol that enables investors in the field of digital currencies to integrate a wide range of DeFi services. DefiFarms provides excellent and comprehensive features such as automated market maker (AMM), storage, product development, liquidity, lottery and many more, so that investors can get the most out of it. DefiFarms also has a flexible protocol (NFT) that allows users to trade NFTs. As you know, the possibilities provided by the NFT token are endless, from painting to music and even collectible and collectible NBA basketball cards. Non-Fungible Token tokens are a great way to prove the authenticity and ownership of your artwork. Defifarms seeks to introduce a new window into digital currencies, drawing on the potential of NFTs and the ERC-721 standard for decentralized finance. The project integrates Decentralized Finance (DeFi) and Unused Tokens (NFT), making it easy for traders to buy and sell tokens in a secure and reliable environment.

DeFiFarms Ecosystem

Trading

The Decentralized Finance Movement (DeFi) has been at the forefront of innovations in the blockchain space. This innovation encourages any professional trader to invest in digital assets. Anyone with minimal capital can have the best DeFi tokens in their account. In general, the main goal of an advanced DeFi ecosystem such as DefiFarms is to create the right conditions for users to control their capital without any third party. In the DefiFarms ecosystem, anyone can invest or trade. DefiFarms creates the conditions for traders to trade easily and confidently and enjoy all the benefits of a smart AMM.

Yield farming

With yield farming, an asset holder that can stake and lend crypto assets to other interested investors and generate more profit in the end. Here a user just needs to provide liquidity to the pool and be rewarded for doing so. It is a trending way to generate passive income. Defifarms will be adopting this approach and will be doing so with its native tokens, DEFIY and DFTC tokens . The Defifarms project locks up the tokens liquidity providers provide for a stipulated amount of time. When profits are distributed through the smart contract efficient management of the liquidity pool; The liquidity providers are rewarded. The interest can be fixed or varied when investing in the Defi market. This would be powered by relying on the integrity of the BSC network.

Staking

Defifarms finance protocol incorporates the recognized and accepted staking method popular in the cryptocurrency industry. It is a proof of stake algorithm which has been invented to reduce the circulating supply of tokens, maintaining a healthy network; thus increasing the price of the digital asset. Here, stakeholders within the network will be compensated for their loyalty in proportion to the amount of tokens they lock away from the circulating supply of the Defifarms cryptocurrency asset.

DeFiFarms Wallet

Easy access and ease of use is one of the important indicators in using any platform. To achieve this, Defifarms has developed its own cross-chain wallet called Prestige. With Prestige, users can easily access various tokens, use the AMM protocol, and perform transactions with ease. In addition to the web version, Prestige has also been developed for Android and iOS and can be downloaded from related stores.

NFTs

Non-Fungible Token (NFT) is one of the newest and most attractive innovations in the field of cryptocurrencies, which has a relatively short life. Today, these tokens have gained a lot of fans and people have started to make, buy and sell them. Defifarms has not been unaware of this. NFTs can be used to denature almost anything. However, different types of "media" make the most of these tokens. Defifarms offers a comprehensive exchange marketplace for exchanging NFTs over the Baines network, providing users with ease of trading and the generation of new NFT tokens. This protocol can be considered as the first NFT protocol for automatic absorption of liquidity, Yield Farm and AMM in the mentioned network.

DeFiFarms Factory

Defifarms factory is another way to earn great rewards in the Defifarms ecosystem. Here a farming pool is setup, one that allows DEFIY holders to stake their DEFIY tokens to reap other tokens available in the farm. Two Defifactories will be set up. They would be made up of BUSD and BNB. Four percent derived from all deposit fees would be added to these pools to bolster the integrity of the farm. They would be used as rewards for the Defifarms staking.

DeFiFarms White Listing

Right now, the company has started their sales today the July 10th and are currently white listing their private investors. The firm has whitelisted more than 1000 investors in less than 24 hours. This shows the ingeniousness the Defifarms core team brings to the table. The team has a projection that it would white list up to 5000 private investors. Here is a detailed information about the token sales and white listing below. The team also stated that it will refund the investors their money if 50% of the Hard market capitalization is reached.

Whitelisting Click here:?White listing Link ?

Tokenomies and Distribution

DEFIY is a native token of the DefiFarms ecosystem developed on the Binance Smart Chain based on the bep20 standard. This token, as a functional token, is used as fuel on the platform. The general specifications of the DEFIY token along with the project economics are provided below. In addition to the token, a deflationary token called DFTC has been developed as a native DefiFarms AMM Dex token to reward users for trading in DefiFarms AMM Dex.

? Token Name: DefiFarms Non-Fungible Yearn

? Chain: Binance Smart Chain (BEP20)

? Token Symbol: DEFIY

? Contract Address: 0x2307DfB065CF1c9c5bC0f3435b49830C0AB86847

? Chain: Binance Smart Chain (BEP20)

? Max Supply: 100,000,000

Token Distribution

? Seed (8%): 8,000,000

? Private (15%): 15,000,000

? Public (1%): 1,000,000

? Farming/staking/reward (18%): 18,000,000

? Liquidity (15%): 15,000,000

? Ecosystem (11%): 11,000,000

? Team (15%): 15,000,000

? Advisor & Partnership (5%): 5,000,000

DeFiFarms Mobile Application

Today, almost every reputable project has a mobile application available on their mobile phone with Android and iOS versions?DeFiFarms is not an exception. The DeFiFarms program is designed and presented to facilitate investors to operate in the digital currency market. Investors can easily download and install the DeFiFarms app on their mobile phone with Android and iOS versions using their DeFiFarms account to trade in the digital currency market anytime and anywhere. Using this application is not a difficult task and you can learn it well in just a few minutes. The DeFiFarms app covers all trading methods. Therefore, its users can have futures trades, LIMIT trades or instant market trades. But if you use iPhones and your phone's operating system is iOS, you must download and install the version according to your operating system. To download different versions of this application, you can refer to the DeFiFarms website.

DeFiFarms Core Team

BinanceMax project team consists of a group of experts with experience in various fields of technology, finance, operations, marketing, communications and decentralization who have come together in a group of experienced consultants to bring the project ideas to fruition. All the members of the team is great punctual, habitual for doing blockchain base decentralized finance technology.

Roadmap

Roadmap project details are provided in the image below:

Conclusion

DeFiFarms is one of the best powerful project which work for project development and implies services such as easy trading method, easy payment solution and decentralized finance development. This system Support cross-chain with bridge solution between Ethereum smart chain and Binance smart chain also allows users to create their own wallet and store digital asset to their wallet. It makes insure of all transaction done by a powerful and hassle-free smart contract and is executed completely automatically. This platform is ready for utilizing smart chain facilitates and at the same time ensures platform independence. This platforms offers high security to protect operating systems and investment to their assets.

Visit For More Information

Website :?https://defifarms.org/

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

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

Medium :?https://medium.com/@DeFiFarmsNFTs

Reddit :?https://www.reddit.com/r/DeFiFarms/

Author:?raisajahan

https://www.altcoinstalks.com/index.php?topic=221072.msg1199973#msg1199973

BSC Wallet Address: 0xab60C6Fd92a93817588081610267EF48BC5DA652