Introduce

Despite the growing attention, cryptocurrency adoption has yet to gain popularity in the country and around the world. The growing popularity of cryptocurrency has made it a major financial asset of interest and speculation. However, it is essential to evaluate the following criteria: when making this choice: safety, reputation, liquidity, accessibility, and whether the cryptocurrency exchange you choose supports these options. fast and easy crypto deposit and withdrawal options or not.
Like every other major company in the world, DeFiFarms was created to be able to break through the existing barriers and data warehouses created by the business model and open up its global reach. However, at DeFiFarms, we can see some advantages that today's companies do not have or do not do well. What is the advantage here, let's find out through the analysis below. DeFiFarms is the first protocol on Binance smart chain to use NFT to make yield farming more secure and flexible by creating the first transferable stake.
The developer designed the further development of the blockchain architecture. A true blockchain delivers the promise that all blockchains aspire to. One that provides the highest level of resistance to attacks. Someone who values ​​the ecosystem of contributors.

About DeFiFarms Platform

DeFiFarm Non Fungible Yearn is completely a new discovery , an entirely new DeFi project with a well audited smart contract. The platform offers varieties of DeFi products such as Liquidity provision (LP), Staking and many more . Rewards paid to the investors are generated from the fees collected in every transaction in the trading platform . Rewards are favorable if trading volume is huge and lesser if trading volume is lower. Users are lock their LP tokens after providing liquidity on DEX . Providing liquidity means your tokens are locked not your value . Users will be able to provide liquidity in DEFIY/BNB to earn more profit in the platform . Users can also unstake or remove their liquidity at their own will anytime.
DeFiFarm allows users to stake their digital assets to earn DEFIY token . The proccess of staking DEFIY is equivalent to that of regular DeFi token . On DeFiFarm platform whenever user stakes DEFIY token , they automatically minting NFT in which the details of the users stake are store in the NFTs unique token id . An interesting benefits of using NFT is the opportunity of being able to transfer ERC-721 token with staked token wrapped around it . In this case, no need to unstake assets to cash out, users will be able to sell the minted NFT in DeFiFarm marketplace.

DeFiFarms' Solution to the Market

The Defi Farms platforms have developed a system without a single central point of failure. It makes digital assets more available to it’s users and reduces the risks associated with crypto currencies.
On many centralized exchanges, large trading firms or brokerage houses help to provide huge volumes of liquidity and earn profits from huge buying and selling prices. Defi Farms as well as other Decentralized exchanges and Defi platforms solve this problem using AMM (Automated Market Makers) they help retailers to play the role these large trading firms play and help them earn profits from trading fees due to their market making contributions.
Unique Features that Defi Farms offers
to stand out as different from the various defi platforms out there, and to bring maximum benefit and rewards to the users include;

1. Automatic Liquidity : For every transaction made on DEFIY there is an 8% tax fee. From that 8%, 6% of it will be sent to the DEFIY-BNB liquidity pool, this leads to an increase in price.
2. Automated Burning : Since each transaction incurs an 8% tax and after 6% is sent to the liquidity pool, the remaining 2% will be burned up via smart contracts. Burned tokens exit in a black hole address which is 0x000000000000000000000000000000000000dEaD
3. Harvest Lockup : This feature is to benefit new and old users alike on the platform. It prevents people from quickly harvesting or dumping rewards, which could be done by bots or people. On Defi Farms the harvest lockup of DEFIY-BUSD is 4hours. And so those who stake in the DEFIY-BUSD farm can claim rewards only every 4 hours.
4. Anti whale strategy : On most block chain project, whales usually use the fact that they own a huge supply of the tokens, to influence the markets through pump and dump schemes. To curb this problem, the Defi Farms platform have implemented a policy which says that the transfer of more than 0.5% of the total supply would not go through. As the total supply grows, this ratio will reduce accordingly.
5. Deposit Fee Redistribution : A deposit fee of 5% will be charged when users enter staking on Defi Farms. This 5% fee won’t be burned, unlike how it’s done on other platforms. Rather 1% of it would be given to while the remaining 4% would be redistributed to DEFIY holders using Defi factory.

Staking pools for users :

Users of the platform would be able to add security to the platform by confirming transactions that occur within the protocol of the block chain involved. Users will also be able to borrow assets off the platform. Those who decide to stake will earn rewards that is equivalent to how much they’ve staked.

• NFT’s on the platform : The global adoption of NFT’s is occurring each day. The Defi Farms platform have a plane to integrate an NFT market place for the exchange and creation of Defi Farms NFT’s.
• Yeild Farming : Users of the platform can stake and lend out their crypto assets to others on the platform. This helps such users earn rewards. Here, those who provide liquidity to the network from having their crypto assets locked up on the platform. Rewards given to the liquidity providers will come from funds provided on the network.

Defi Farms Trader Credit (Defi Farms Trader Credit)

This is a unique token used on the platform they would be used a trading rewards on the trading incentive system. DFTC is similar to the safemoon coin but without a reflective function. It is unique because unlike other moon tokens it is backed by an AMM exchange, thus having a use case.

Token Details

• The maximum supply for the token is 1 Quadrillion.
  Different allocations for the token us as follows :
• 10% for Defi factory farming.
• 80% allocated for trading rewards pool.
• 10% for development funding.

Transfer Tax Fee

• 7.5% for automatic liquidity acquisition.

Roadmap Of DefiFarms

Q2 2021
Deploy Contracts
Build Website
Launch Presale

Q3 2021
Launch Platform
IDO/Liquidity Pool
Exchange Listings

Q4 2021
Partnerships
NFT Art
Governance

Q1 2022
Updating

Team Member

Summary

As noted earlier, market inefficiencies occur due to the operation of many illiquid platforms. With the exception of smaller, low-volume exchanges, which tend to track the prices of older cryptocurrency trading platforms, most exchanges have in-house price detection systems. Cryptocurrency exchanges continuously update the official price of a given crypto asset according to the most recent price at which the asset was bought or sold on their platforms. Therefore, depending on the supply and demand of a certain digital asset at a particular time, the price of a cryptocurrency on multiple markets may vary. Cryptocurrency arbitrageurs bear a lot of this risk as they are required to keep crypto assets in wallets provided by crypto exchanges. For this reason, you should find a reliable platform to trade and DeFiFarms is your best bet.

🌏 WEBSITE - https://defifarms.org/
🕊 TWITTER - https://twitter.com/DeFiFarmsNFTs
📧 TELEGRAM - https://t.me/DefifarmsNFT
⚫️ LINKEDIN - https://www.linkedin.com/company/defi...
📝 MEDIUM - https://defifarmsnfts.medium.com/
📖 GITHUB - https://github.com/defifarms

My BitcoinTalk Username - Peetershyns
My BitcoinTalk profile link - https://bitcointalk.org/index.php?action=profile;u=2727642
My wallet : 0xe7F6dD46B3B3691Fdaaa60E72867e9Fb96cd1A55