Nothing attracts DeFi investors as much as parabolic growth in their favourite tokens and so it's fitting that Brainiac Farm, designed to optimise yield in staking and bonding over the ethereum protocol, is luring the attention of quite a few large sum buys. The $BRAINS token itself has shown immense growth having rocketed over 4000% in the last few days.
Here's five reasons why this DeFi project in particular is showing immense potential.
You can Bond
Coming soon to the platform is the ability to bond - use ethereum to purchase $Brains at a sizeable discount - in exchange for a lock-up period. Such a product has not yet seen wide-spread use over the industry and can be seen as a key reason why investors are continuously growing more interested in the Brainiac Farm with its industry-shifting approach by prioritising yield.
... Stake
With lucrative yields on offer with the SAS (single asset staking) deposits, you can lock out your funds whilst not only earning over 100% APY, but also earn partner tokens and exclusive releases. This feature still does not offer the mind-blowing rates on Farming yields, but is overall very market competent and a serious option for investors looking to lock out some capital for a little while.
... and Farm
Farming is a more crypto-savvy tool which can allow you to reach higher APY's (as high as over 1000%!) but will require some knowledge of Liquidity Pool tokens and related features. Thankfully the team have prepared a useful guide to various procedures which you can check out on their website as well as Github.
Booming Community Volume
On-chain metrics show that the investor and trader community attracted since the projects inception is up by more than 1780%. This shows a robust increase in price as the community itself expands to facilitate a key fundamental. It is also reflective of the market-leading performance exhibited by the coin in recent days, whilst the data below shows the comparatively successful project launch phase now complete with market leading gains:
1. $BRAINS - 1985%^
2. $MREIT - 351%^
3. $ABC - 243%^
4. $NINO - 232%^
5. $MSPACE - 202%^
6. $BXH - 185%^
7. $THOR - 177%^
8. $SOC - 161%^
9. $ELEF - 135%^
10. $MVS - 132%^
Investor Protection
The on-chain scan also reveals the successful ambitions of the team to protect the price against a large crash or the presence of market makers that could do so for their own benefit. This is guaranteed through the buy-back mechanism in the tokenomics which is facilitated through both automatic smart contracts and the team's manual interventions. Part of the taxation structure very cleverly funds this feature and should allow for even further parabolic rewards for pre-existing and new $BRAINS holders.
...and Bonus.
There is lots of positive news coming out about the project from its trending status on dextools to the audit coming further to the kyc. Bitlord is also farming $Brains and that's quite a positive indicator of how the project is to be perceived in media. As it draws the attention of more investors, it yet provides good buy opportunities.
