Flaming Farm - Yield Farming Done Right
#FLAMINGFARM #FFARM #decentralized #insurance #insuretech #stablecoins and #GFI
What is Yield Farming?
To understand the effect of Flaming Farm's approach to the market, you first need to grasp the concept of yield farming fully. Think of yield farmers like mini-bankers. In the traditional banking system, your financial institution provides liquidity to users and businesses in the form of loans. Insanely, the bank lends out your funds and pays you next to nothing for your help.
Yield farming flips this business model on its head and introduces a decentralized alternative to the status quo. Yield farmers work like the bank and lend out their crypto to other users and projects in the market. However, unlike the centralized system where you would need to go in and work out your lending details with the bank, users borrow directly from a liquidity pool.
This liquidity pool is built from the investments of yield farmers. Farmers agree to lock up their crypto in these liquidity pools for a predetermined time. They do this in exchange for rewards based on the amount they staked and how long the lockup period lasts. When a farmer adds liquidity to a pool, they receive a corresponding token representing their investment.
Users who borrow from this liquidity pool repay their debts plus interest. These payments are applied to the total pool balance. This strategy expands the total liquidity available and provides pool investors with more profits. Best of all, the entire process is handled by smart contracts, so no human intervention is required.
Conclusion
Flaming Farm convention seems to have done their examination. The stage's deflationary convention is the thing that the market is absent right now. Financial specialists need to realize that their venture will stay significant later on, particularly if the liquidity pool develops. Flaming Farm clients get this assurance as a next-level deflationary methodology.
Token Details
40%: 4000 tokens allocated to a 600 eth presale (20 eth per person max cap) (Price - 0.15 eth)
25%: 2500 tokens allocated to a 300 eth private sale (30 eth per person max cap) (Price - 0.12 eth)
25%: 2500 Tokens for Uniswap liquidity & 495 eth
5%: 500 Team Tokens
5%: 500 Token fund for the Project Development
Tokens premined: 10000
Name of Token: FFARM
Token price: 0.12 ETH to 0.15ETH
Secured ways to purchase tokens: Ethereum (ETH)
Total Hardcap: 900 ETH
Private Sale Hardcap: 300 ETH
Pre Sale Hardcap: 600 ETH
Listing price: 0.198 eth with 495 eth liquidity locked!
Burning rate in every transfer: Minimum is 2.5% and will be adjusted as supply increase
Funds Allocation
Private sale reward: 25%
Presale reward: 40%
Initial Uniswap liquidity: 25%
Team: 5%
Project development: 5%
Roadmap
Deployment on mainnet
Presale
Token and LP locks
Enable Swap
Website launch
Uniswap listing
Enable Farming
INFORMATION
AUTHOR
Bitcointalk Username: Osric Caesar Nohan
Wallet address: 0x5DeA7D2B033CD377CE8410855900c342e65B2842
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