Have your long-term passive income plans been destroyed because of the current bearish market trend? Don’t worry, we have the perfect solutions to turn your plans into a reality!
UniFarm is all set to launch the second cohort series of Thunder Farms, in association with some of the most innovative projects in the Defi space and we just cannot keep calm.
Thunder Farms 1- LF-1 is live now on Polygon chain on UniFarm DApp.
The minimum APY for this cohort is 60%. You also have the option to boost your returns to over 400% APY, simply by using some $UFARM tokens in your wallet.
Note: This is a liquidity pool farming cohort that is live on the Polygon blockchain.
Ready to learn more? Let’s do it!
Check out Our Partner Projects
Thunder Farms 2, the second cohort series of Thunder Farms, is powered by five of the most promising projects in Web3, that is, UniFarm, DFYN, Router Protocol, and RetroDEFI. Let’s learn about each of these projects in a little more detail.
UniFarm is a one-of-a-kind group-staking project that guarantees a minimum APY of 36%. Just recently, UniFarm successfully launched its Version 2 where the project has expanded the scope of passive income by including yield farming and liquidity pool farming as their services.
In addition to this, UniFarm enables newbie crypto projects to launch their tokens thorough an IDO launchpad, known as UniLaunch. The most important feature that strikes the right cords of the investors is its booster pack which allows them to boost their staking rewards by over 400%.
Market Cap: 666001
Trading Volume: $363.71
Projects having to lock liquidity across several chains leads to fragmentation. This led to DFYN discovering the key to enabling the cross-chain flow of liquidity without any hassle. This, in turn, improves efficiency and the price discovery of tokens.
DFYN is basically a multi-chain AMM DEX that allows instant, gasless transactions. In addition, the AMM models of DFYN have nodes that are capable of making their own super mesh after tapping into the cross-chain liquidity protocol of the routers.
Market Cap:
Trading Volume: $41.62K
RetroDEFI
RetroDEFI aims to support the core ideas of decentralized finance, which is to allow users to grow their yields over time. The project acts as an easy entry point for users who wish to test the waters of yield farming and are unable to do because of high transaction costs and slow speeds.
RetroDEFI overcomes this problem simply by being built on the BINANCE Smart Chain, which is quite well-known in the Defiverse for delivering quick and low-cost transactions. This clearly shows that the project strives to let individuals with low capital invest and earn in Defi.
Router Protocol
Router Protocol recognized the need for cross-chain communications and the project has done a fabulous job in creating an effective solution to the problem. The key products of the Router Protocol involve fund transfer across the chains, asset swapping, and cross-chain DApp building.
Some of the most important features of Router Protocol that make it stand out from its competitors is that it provides optimal prices for swapping assets across chains. It uses its unique proprietary pathfinder algorithm to find the most optimum route for making cross-chain swaps.
Market Cap:
Trading Volume: $281.33K
How to Stake?
Thunder Farms 1 LF-1 is a liquidity pool farming cohort that is live on the Polygon blockchain. To stake in this cohort, follow the steps given below.
- Go to the UniFarm DApp.
- Select the chain to Polygon and connect your METAMASK wallet.
- Go to the sidebar and select the All LP Farms option.
- Click on any of the live cohorts and click the Add Liquidity button. Note that the farms differ from each other in terms of the type of liquidity tokens you will need to stake.
- Confirm the transaction from your Metamask wallet and refresh the UniFarm V2 window. This will enable the tokens to reflect in your wallet.
- Enter the number of LP tokens you want to stake and approve the transaction from your wallet.
You can also watch these videos to learn how to stake at UniFarm
Advantages of Staking at Thunder Farms
Staking at Thunder Farms shifts the power dynamics from the protocol to the user. When other staking platforms control the funds of the users while they are locked inside the staking pool, Thunder Farms stand out from the herd by being unlocked pool. This means that your money is always yours and you can claim your stakes and confirmed rewards at any point of time during the cohort. Some other important benefits of staking at Thunder Farms are:
- You get a minimum APY of 60% instead of the earlier 36% APY.
- Your funds are always safe from smart contract risks, which is one of the most dreadful risks of staking. (Not to brag, but our smart contracts passed with flying colors in a smart contract audit performed by Zokyo.)
- Instead of distributing rewards at the end of the cohort, this time we are distributing the confirmed rewards at the end of the mining of every new block.
- As we mentioned earlier, the power is in your hands. You can use this power to boost your returns by buying a booster pack. You can boost your rewards up to 400% APY.
What are Thunder Farms?
Thunder Farms are mini-cohorts, designed to empower new projects and help them build their community and as well market value during a bear market. On the other hand, Thunder Farms are also designed to take the passive income experience of the existing UniFarmers to a next level by almost doubling the amount of minimum APY we are offering.
Conclusion
We have no idea of how long the bear market is going to sustain and how bad it is going to be. Thus, we have come up with a solution to balance out all your losses within just 60 days. Staking in Thunder Farms is the smartest thing an investor can do in the current market trend. So, stake now and let’s build in the bear!
