DeFiFarms —first Improved DeFi Yield Farm with NFT & AMM built on Binance Smart Chain.

To be successful in business and in life in general, you need to monitor the progress that is taking place in the world. Today it is not enough just to use marketing, it is necessary to use modern high-performance technologies and methods of managing streaming processes, for example, blockchain technologies. This direction has already found and occupies its own niche in the field of cryptocurrencies. Therefore, companies one after another enter this area, because the advantages of developing projects in this system are obvious. Decentralization is a key feature of the blockchain application. Over the past 12 months, the cryptocurrency market capitalization has almost quadrupled. No one will ever invest in a trustless platform, and most trust issues have always occurred on a centralized platform where users have no control over their data and information. Therefore, many go to decentralization. DeFiFarms Non-Fungible Yearn, or DEFIY, introduces DeFi-based, revolutionary ERC-721-centric solutions for farm profitability on the Binance smart chain. By using NFT tokens, DeFiFarms makes bets more dynamic. Instead of the rate being tied to the user’s wallet address, it is tied to the transmitted NFT. NFT is the main trend of 2021 in the blockchain. NFT tokens gained popularity when several digital art objects were sold for an unprecedented amount for this type of transaction. After that, blockchain users began to compete in the originality of lots sold as tokens. In April, NFT market sales exceeded $ 2 billion. Now is a very interesting period. Cryptomastodons who used to shop for fun saw that there was a market for art and that it would only grow. Considering that DeFi and NFT are now the most popular destinations in the cryptosphere, you need to understand that DeFiFarms is a promising project.

About DeFiFarms platform

Users need to be able to hold currencies for a long time without fear of devaluation in order to stimulate utility. Due to low liquidity and speculation, the value of any currency has grown by more than 10% in one day. DeFiFarms offers automatic liquidity fetching, profitable farm and AMM decentralized exchange with many unique features that allow you to earn and win. It is a top-tier automatic liquidity raising and AMM farm based on the Binance chain, with no central points of failure or bugs. Users will not face counterparty risks. DEFIY and DFTC are the official platform tokens that improve farming, staking, profits, trading settlements and huge profits from various blockchains. There are no transaction fees for DEFIY and any NFT transfers, but DEFIY will charge a small fee for using the trading platform. Since the NFT cannot be split, the commission will be deducted from the held value of the NFT, i.e. DEFIY will charge a 5% commission before each trade, 90% of which will go towards re-payment to the token holders themselves, and 10% will go to DAO. DeFiFarms has a mechanism by which, when a user places his token, the system automatically generates an NFT token that wraps around the user’s bet. If a user wants to refuse a stake, he can easily burn this token or exchange it on the marketplace with other users. Such a mechanism is considered to be more innovative and efficient than the conventional token staking mechanism. Users don’t need to have a hot wallet to place stakes and earn tokens, DeFiFarms will automatically wrap reserved assets in NFT tokens. A little later, the NFT token will become the key to the user’s assets. When a user wants to withdraw from a stake, he can burn the token or sell it through the marketplace, instead of leaving the stake.

DeFiFarms features:

— Automatic liquidity and burning — every transfer made with DEFIY must be subject to a transfer tax of 8%. 6% transfer tax will be added to the DEFIY-BNB liquidity pool to automatically raise the minimum price. Liquidity will be locked and unavailable. Before the launch of DEFIY on AMM dex, liquidity will be added to PancakeSwap, then to DefiFarms. 2% of transfer tax will be burned immediately. The whole process is automatic.
— Harvest Lockup is a unique creative reward lock mechanism used to limit harvest frequency, designed to prevent continuous harvesting and dumping and dropping arbitrage bots.
— Deposit fee redistribution of 5% will be charged when users enter bets on DefiFarms, but there will be no deposit fees for redemption and burning. Instead, the team will reallocate a 4% deposit fee to DEFIY holders to stimulate retention. When logging into farming on DefiFarms, the user is charged a 5% deposit fee: of which 1% for the development team as a development fund and 4% will be distributed among DEFIY holders through Defi Factory (this is a farm pool that allows DEFIY holders to place bets to your DEFIY to earn other tokens).
— DEX Trading — Users don’t need to provide an ID to participate, DEX transactions are instant as long as there is sufficient liquidity, you don’t need a third party to control your funds, lower transaction fees and reduced risk of hacking.
— Merchant adoption means currency stability at low costs and increased profits.
— Increased demand and utility for DEFIY tokens to be used in various trading operations, thereby increasing the demand for DEFIY as collateral and directly impacting the long-term viability of the peer-to-peer system.
— The referral program will help the platform expand its user base. With its help, investors can earn 1% of the earnings of their friends. The rewards will be in the form of tokens that can be exchanged.
— Trade incentive mechanism for AMM DEX by obtaining tokens by trading on DefiFarms. Trade rewards can be different tokens.
— Anti Whale is designed to restrict speculative whales. The system automatically refuses to trade in a value equivalent to 0.5% of the total supply (with an increase in the total supply, this ratio will decrease).

Ecosystem DeFiFarms

1. DeFiFarms exchange and iquidity pools are an innovative way of doing business with the ability to exchange using the AMM model. Allows you to trade with liquidity pools between networks and instantly execute orders that are backed by a user’s fund, available when users provide liquidity in order to receive a percentage of trading fees, just like other AMM systems.
2. DefiFarms AMM — full fork of PancakeSwap, the factory and router smart contracts are the same as PancakeSwap (changed only “pancake” to “DEFIY” in these two contracts). This means that contracts that hold liquidity are as safe as PancakeSwap. A 1% commission is charged for each trade. 0.85% goes to liquidity providers and 0.15% goes to the treasury.
3. DeFiFarms farms — helps users to stake and lend cryptoassets, generating huge rewards as additional cryptocurrency is added to their balance. This helps to incentivize liquidity providers, thereby blocking their tokens and profiting from the distribution of profits obtained through smart contracts, effectively managing the liquidity pool. Profitability depends on income from reward pools, liquidity pools that are funded by DeFiFarms finance or other organizations.
4. DeFiFarms Finance will offer a comprehensive NFT exchange that will facilitate the trading of non-fungible assets and the creation of NFT DeFiFarms.
5. DEFI Yield Farming allows cryptocurrency holders to freeze their assets in order to earn fixed or variable interest when investing their cryptocurrency in the DEFI market. In other words, a certain amount is lent out using the Defi protocol instead of being stored in a specific wallet to receive a refund.
6. Staking is the traditional DEFI betting method. DeFiFarms users will enjoy a proof of stake algorithm that allows users to borrow assets, thus ensuring system stability. Netizens will receive a reward equivalent to their share of blocked cryptoassets.
7. DeFiFarms Wallet — cross-chain wallet allows you to access tokens across blockchains, thus simplifying transactions. The wallet provides a seamless experience with the current DEFI worlds, promotes a safe and smooth experience, and will be available on Android, iOS and the web.

Token economy

— Token Name: DefiFarms Non-Fungible Yearn
— Chain: Binance Smart Chain (BEP20)
— Symbol: DEFIY
— Contract Address: 0x2307DfB065CF1c9c5bC0f3435b49830C0AB86847
— Max Supply: 100 000 000

— To stabilize the price of the DEFIY token, a trading commission will be charged in order to subsequently redeem some of the tokens and burn them.
—DefiFarms Trader Credit (DFTC) is a Safemoon style token but no reflection feature, backed by the existing AMM exchange and has clear use cases. DFTC is the second DefiFarms token and will be used as a trading reward in a trade incentive system. DFTC can be delivered to earn DEFIY and in the near future DFTC will cover almost all DEFIY use cases.

DFTC distribution:

Team

Consists of data scientists, blockchain and database engineers. DefiFarms is backed by a talented team with trusted members of the blockchain team working to create a platform capable of delivering any mission critical project. The team interacts with the community and creates an ecosystem in which plans will be implemented to perfection.

Roadmap

In conclusion, I want to say that NFTs will be implemented in every new DeFi project and the potential of NFT and the ERC-721 standard in DeFi is limitless. It is DEFIY who is the first to see this potential among the masses. DeFiFarms serves as a vehicle for bringing all DeFi-enabled blockchains together, thereby allowing everyone to participate in the DeFi share, market and farm and earn more coins.

Details of the project can be found on the links below:

Website https://defifarms.org/
Buy DEFIY https://odoo.defifarms.org/
Telegram https://t.me/DefifarmsNFT
Twitter https://twitter.com/DeFiFarmsNFTs
Whitepaper https://drive.google.com/file/d/16rlbSp4cd_RpGDuPp7VPBpKeGTJ8_yYb/view
Litepaper https://drive.google.com/file/d/1l_jlB_25GLN7_trv42A_7CB6bcG3ko80/view
OnePager https://defifarms.org/documents/One_Pager.pdf
Whitelist https://docs.google.com/forms/d/e/1FAIpQLScH9JRfXEHPWX_dYqZbRy_BrWBPcs07QsCI803YYt1LZx1IUQ/viewform
Reddit https://www.reddit.com/user/DeFiFarmsNFTs
Linkedin https://www.linkedin.com/company/defifarms-inc
Medium https://defifarmsnfts.medium.com/
Github https://github.com/defifarms
contact@defifarms.org

Bitcointalk username: vitalicos
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Proof: https://bitcointalk.org/index.php?topic=5346604.msg57363275#msg57363275
BSC Wallet Address: 0x1a0fBDc6866262302425cb7CbecF468795358311