There isn't much news that decentralization is quickly becoming the standard solution to some of the repetitive problems plaguing various industries. That said, the concept is slowly finding its way into the cybersecurity landscape. Several startups and startups are introducing blockchain-based tools that will give internet users autonomy over their data.

While many companies are happy with this, some have gone so far as to include censorship and geo-blocking as part of the problems, which their solutions must eliminate. For these entities, internet freedom is nothing more than trash if centralized service providers still control the internet food chain. They therefore chose a less complicated approach to overhauling existing structures that allow for common ailments associated with privacy, freedom, and security.

In this guide, we will look at all aspects of the centralized development finance industry and introduce the decentralized infrastructure in its place. The DeFiFarms Protocol project is an enhanced dedicated blockchain for DeFi and NFT applications.

Why use the DeFiFarms protocol?
DeFi has become a leader in blockchain-based finance. However, from an investor's perspective, there are several key issues that the DeFi ecosystem has yet to solve:

🔸Transactions take a long time to be confirmed
🔸Extremely expensive transactions at times of congestion
🔸Poor security

But you can rest assured using DeFiFarms' excellent solutions, they are the first protocol on the Binance smart chain to use NFT to make farming easier, more secure.

Now, let me learn more about it.

About DeFiFarms

DeFiFarms is a revolutionary blockchain project developed with the primary goal of solving some existing problems and redefining Non Fungible Token Standard. The project consist of the components of DeFi like Decentralized exchange, AMM Swap sponsored by Liquidity providers and NFTs. It is the world first DeFi protocol which incorporate NFTs protocol farming on BSC network . The goal is to provide a sustainable solution in the area of ERC-721 ,Non Fungible token standard. DeFiFarms platform have a native token called DEFIY which is a non fungible yearn and serving as a governance token in the ecosystem .

How does DeFiFarm Platform works ?

DeFiFarms will change how we stake and earn , it will enable dynamism in staking system , It will like staked directly to the proof of ownership transferable NFTs instead of the stake being linked to the users wallet address . This simply means if a user become a Liquidity Provider and stake their tokens , they only earn rewards by receiving NFTs which is equivalent in value , It means staking DEFIY will earn users NFTs which can be sold directly without unstaking their DEFIY. By doing this , user is farming NFT.
DeFiFarm has added some features which has never existed before. They have created a possibility for Farmers and Liquidity providers (LP) to move around their locked values of the liquidity provided. When users stake their DEFIY/BNB liquidity tokens in the platform , the LP token are being locked in the staking contracts while the value is not locked . DeFiFarm protocol allows minting of NFT whenever staking takes place , this will wrap the value locked in staking contract and make it transferable in ECR721 NFT . The stake will remain locked in the Smart contract, no need to unstake the staked assets . If users decided they dont want to provide liquidity any longer, they can go to the market and trade the earned NFTs in the current market value of the LP tokens staked in addition with the staking rewards earned . Users have to options , they can chose to unstake their original LPs token or chose otherwise . If they unstake , NFTs will become automatically burnt while the staked funds and the rewards get automatically transferred to users wallet.

DeFiFarms is bringing to the DeFi table a series of revolutionary solutions focused around ERC-721, The Non-Fungible Token — NFT Standards.

DeFiFarm inherits all innovative functions from current Decentralized Finance Platforms such as Decentralized Trading, Swapping using AMM supported by Liquidity Providers and adds new cool functions utilizing NFT.

DeFiFarms offers a Decentralized Exchange platform that is capable of swapping with the use of an automated market maker (AMM) model. On the AMM-based decentralized exchanges, the traditional order book is replaced by liquidity pools that are pre-funded on-chain for both assets of the trading pair.

The liquidity is provided by other users who also earn passive income on their deposits through trading fees based on the percentage of the liquidity pool that they provide and works across the different s blockchain.

DeFiY is a cryptocurrency industry representing a wide range of lending, trading, and staking activities carried almost entirely on blockchain networks using tokens.

DeFiY is more popular last year and it's give permissions and allow to easy access in global users, anonymity, transparency, and significantly lower costs than traditional finance, also forecasted to be the next trend of the cryptocurrency in the market.

DefiY Tokenomics Info

● Protocol: BEP20

● Name: DeFiFarms Non-Fungible Yearn

● Symbol: DEFIY

● Max Supply: 100,000,000

● Seed (8%): 8,000,000

● Private (15%): 15,000,000

● Public (1%): 1,000,000

● Farming/staking/reward (18%): 18,000,000

● Marketing (12%): 12,000,000

● Liquidity (15%): 15,000,000

● Ecosystem (11%): 11,000,000

● Team (15%): 15,000,000

● Advisor & Partnership (5%): 5,000,000

TEAM

The project team is mostly people with many years of experience working in the cryptocurrency market. They are taking care of DeFiFarms like their own children. This 2021 will probably be a year of great growth for them.

Due to the great features of DeFiFarms Protocol, I can confirm that there are many large companies that want to cooperate with the project. Together, they can develop a new era for DeFiFarms. The most prominent among those partners are Nodle , Orient Capital , Seoul Fortune Venture , MintLAB , KaiKaiKim , IchiTek , Andromeda Research . The company is constantly evolving in terms of technology. They have created a lot of success for their partners in a short time. Great .

With my little experience evaluating potential projects, this is probably the best project I've come across. I am willing to stay up all night to learn it and recommend it to my friends and investors. Join me and develop the DeFiFarms Protocol project to the next level.

Follow us:
Website : https://defifarms.org/
Telegram : https://t.me/DeFiFarmsNFT
Media : https://t.me/DefifarmsNFTs
Twitter : https://twitter.com/DeFiFarmsNFTs
Medium : https://medium.com/@DeFiFarmsNFTs
Githud : https://github.com/defifarms
Zimma
https://bitcointalk.org/index.php?action=profile;u=3120435
https://bitcointalk.org/index.php?topic=5346604.msg57483514#msg57483514
0x38351630aD1F75BA1666307F4009313fe9f182A2