Currently, decentralized finance or commonly abbreviated as DeFi is a sector that is developing quite rapidly in the cryptocurrency market. DeFi's market cap has reached USD 17Bln and experts say that DeFi will be growing and has a potential future.
As it is well known that the DeFi protocol is a decentralized application ecosystem that is the result of implementing traditional financial instruments onto a decentralized platform, which is usually Ethereum based. This protocol allows people to maximize their profit with various features such as swap, stake, lend, borrow, and farm.
Talking about DeFi, we know that there are currently quite a few DeFi platforms operating in the market and offering DeFi solutions to global crypto users. One of the DeFi platforms that we will discuss this time is Flaming Farm - a unique proprietary deflationary yield farming protocol.
Flaming Farm: ?A Unique Deflationary Yield Farming
Flaming Farm is a DeFi platform that allows users to earn rewards by providing liquidity to Uniswap. As with other DeFi platforms, in this way, crypto users can become liquidity providers and earn rewards according to their contributions.
But not only that, in line with the development of Flaming Farm, the development plan will add features such as swap, which allows users to swap their tokens to various cryptocurrencies easily and quickly, without the need for KYC or registration.
With the development of the Flaming Farm platform, an economic cycle is formed and increases the value of the FFARM token. It is hoped that users can further increase their loyalty and earn rewards according to their contribution to the Flaming Farm platform.
Flaming Farm Features
Yield Farming: Allows users to be able to farm and earn rewards according to their contribution to the liquidity pool.
Swap: Allows users to be able to exchange their tokens to various other cryptocurrencies easily and safely, without the need for KYC or registration.
Flaming Farm Token
Flaming Farm will issue a token called "FFARM" which will serve as rewards for users/liquidity providers. This token is planned to be sold at a price range of 0.12 ETH to 0.16 ETH, with a total hard cap of 900 ETH with a burned system in every transfer. Following are the details of the FFARM token;
Name of Token: FFARM
Cost of 1 token: 0.12 ETH to 0.16 ETH
Secured ways to purchase tokens: Ethereum (ETH)
Total Hardcap: 900 ETH
Private Sale Hardcap: 300 ETH
Pre Sale Hardcap: 600 ETH
Listing price: 0.19 eth
The burning rate in every transfer: Minimum is 2.5% and will be adjusted as supply increase
In Conclusion
Flaming Farm is a DeFi platform that allows users to become liquidity providers and get rewards in the form of FFARM tokens, which have value and can be exchanged for other cryptocurrencies. By providing liquidity, users can expect the rewards they will get, because along with the development of Flaming Farm, the value of FFARM tokens is expected to increase.
Keynotes
FFARM is a unique proprietary deflationary yield farming protocol
Flaming Farm is a DeFi platform that allows users to earn rewards by providing liquidity to Uniswap.
You can swap tokens easily and safely with Flaming Swap.
Connect
WEB: https://flamingfarm.org/
TELEGRAM: http://t.me/flamingfarm
TWITTER: http://twitter.com/flamingfarm
