THE NEW HIDDEN GEM IN 2021 - DEFIFARM
![logo.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmVdWqmwyDVQr41zhcmhS8LBsHZhsycLWDGpRoj6WsBq1w/logo.png)
Hi guys, welcome back to my blog. Today, I will introduce to you an amazing project, the project made me think that it will be the new hidden gems in crypto - DeFiFarm.
1. ABOUT DEFIFARM
What is NFT?
NFT is short for non-fungible token. Non-fungible tokens are typically used in the cryptocurrency space to represent ownership of digital assets. This form of tokenisation can be applied to anything from a game character, race car, or painting, to even your grandparent’s antique furniture.
Non-Fungible tokens store a unique identity which is encrypted on the blockchain. These entities can be transferred like any other cryptocurrency asset and prices fluctuate with popularity and scarcity just as they would with any other asset or commodity based currency.
About DeFiFarm:
DeFiFarms brings a number of novel ideas to the DeFi table, which focused on ERC-721, The Non-Fungible Token — NFT Standards.
DeFiFarm inherits all of the revolutionary features from current Decentralized Financing Platforms like as Decentral Trading, AMM-supported swaping and adds fascinating NFT-supported features.
DeFiFarms offers a Decentralized Exchange platform that may be swapped using an automatic AMM mechanism. The standard order book is substitute for cash pools that are on-chain funded for both trade pair assets for the AMM-based decentralized exchanges.
DeFiFarms offers a variety of new features through the use of NFTs to enhance its base. In contrast to an unusual wallet address for a client, DeFiFarms stakes are tied to an adjustable NFT. This framework enables customers to obtain prizes and obtain esteem as an NFT who supply liquidity to the stage. Customers also have an alternative to unstake, wherein NFT will be burnt and the property returns to the customer's wallet notwithstanding any unlodged prices.
Other users who get liquidity are likewise responsible for their deposits via trading fees, depending on the percentage of the liquidity pool they offer.
DefiY Transactions Fees
No transaction costs for DEFIY or NFT transfers, although DEFIY will be subject to a modest fee while using the trading platform.
The fee is taken from the staked NFT value, meaning a DEFIY fee is paid before each business. The division is as follows:
▪︎ 5% in DEFIY
▪︎ 90% will go to the reward vault
▪︎10% will go to the DAO
Features:
Yield Farming: Defifarm helps customers create huge honors by adding additional digital money to their balance with marking and loan crypto resources. Yield-crops serve to encourage liquidity providers to secure their tokens and get the advantages acquired via the efficient management of the liquidity pool by means of a sophisticated contract.
Staking
Defifarm Exchange: Defifarm gives a stage for the use of an AMM to be traded. This phase enables customers to immediately exchange resources carefully on the stage. It allows you to swap liquidity against interconnected liquidity pools and lightning orders
Defifarm Wallet: This is a cross-chain wallet which allowing easy swaps to the token between blockchains. The wallet ensures consistent participation in the current DeFi universes, providing a secure and seamless understanding
2. TOKENOMICS
Token information:
- Name: DeFiFarms Non-Fungible Yearn
- Chain: Binance Smart Chain (BEP20)
- Symbol: DEFIY
- Max Supply: 100,000,000
Token Distribution:
![dis.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmXdTvrhK4RcCMQXoPh6kSiSEtbsBTCKwAgxjqhpvEkajp/dis.png)
3. A REVIEW ABOUT DEFIFARM TEAM:
- DeFiFarm has a strong team:
The team of DeFiFarm consists of the strongest technical skill members who have many years of experience in blockchain and technology companies. The development team of Hodlers Network includes the most skilled members in management, technical, blockchain, marketing, IT, ... they have many years of experience in the areas in which they operate. The team is perfectly prepared to deliver an impeccable product to the global market.
![TEAM.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmbSFe51wCnybctvAye9uoXuUWS2sYzxe5hhDU4bCbHVWY/TEAM.png)
- DeFiFarm has a great idea, well-built documentations, and a website
- The website at https://defifarms.org/ Has a beautiful interface, eye-catching and easy to see, contains all necessary information about the purchase, exchange well as development director of the project. It shows the professionalism of the DeFiFarm team in project operation.
- The Whitepaper of DeFiFarm in English is available at https://drive.google.com/file/d/16rlbSp4cd_RpGDuPp7VPBpKeGTJ8_yYb/view It contains information about the project, the development team, roadmap, development direction, operation ... This Whitepaper is designed very nicely and the information is illustrated in detail. This illustrates the great effort that the DeFiFarm team has put into this project.
- Partner & Investor:
![PARTNER.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmbWoMR368PLLeJz1DnsdC6RBKsETVbhR2J3fBPx3jvp7Z/PARTNER.png)
4. CONCLUDE
DeFiFarm is a project that is basically solving the core problems of the blockchain ecosystem. that's also has been contributed with a lot of investors and partners. just see the team to investor, partners you will receive the biggest name in crypto industry. so don't miss it!!!
You can take closer to DeFiFarm by a look at the following links:
- Website: https://defifarms.org/
- Telegram: https://t.me/DefifarmsNFT
- Twitter: https://twitter.com/DeFiFarmsNFTs
- LinkedIn: https://www.linkedin.com/company/defifarms-ltd/
- Medium: https://defifarmsnfts.medium.com/
- Github: https://github.com/defifarms
Author
- Bitcointalk username: kropelos93
- Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1903432
- Proof of Authentication link: https://bitcointalk.org/index.php?topic=5346604.msg57359903#msg57359903
- BSC wallet: 0x373a1660005001A8f87d4003C61b8B41E167C06f
Long time no see, but your article still good as the first time I read it
Good job bro, this is a quality article