Introduce

Do you know? In today's society, the development of technology has led to a series of changes in the economy. It can be a positive change or it can be a negative change. After all, most positive changes still prevail and thrive. An example of this positive transition is the emergence of the cryptocurrency market and more specifically the birth of the DeFiFarms project - the first to be improved protocol for DeFi and NFT applications DeFiFarms contains All core DeFi applications are built to make farming secure. At a glance, it may be easy to understand, but to be able to take advantage of them to make a profit, not everyone can do it, even losing money unjustly. The first reason I want to give you is that they lack information about the cryptocurrency market. You are wondering if you have so much information about the cryptocurrency market, you can sit down and write a book for yourself or even all day. So why do I say you lack information? First of all I admit that there is a lot of information about the cryptocurrency market and it is rampant on social media and you can easily find them. But the lack of information here is the lack of accurate and professional information. There are few sources of accurate information, but less accurate and relevant information for you, especially if you are just starting a business and learning about this field is even more difficult.

Why did DeFi and NFT combine to create the DeFiFarms project?

DeFiFarm Non Fungible Yearn is completely a new discovery , an entirely new DeFi project with a well audited smart contract. The platform offers varieties of DeFi products such as Liquidity provision (LP), Staking and many more . Rewards paid to the investors are generated from the fees collected in every transaction in the trading platform . Rewards are favorable if trading volume is huge and lesser if trading volume is lower. Users are lock their LP tokens after providing liquidity on DEX . Providing liquidity means your tokens are locked not your value . Users will be able to provide liquidity in DEFIY/BNB to earn more profit in the platform . Users can also unstake or remove their liquidity at their own will anytime.
DeFiFarm allows users to stake their digital assets to earn DEFIY token . The proccess of staking DEFIY is equivalent to that of regular DeFi token . On DeFiFarm platform whenever user stakes DEFIY token , they automatically minting NFT in which the details of the users stake are store in the NFTs unique token id . An interesting benefits of using NFT is the opportunity of being able to transfer ERC-721 token with staked token wrapped around it . In this case, no need to unstake assets to cash out, users will be able to sell the minted NFT in DeFiFarm marketplace.

DeFiFarms implements DEFIY Non Funble token for dynamic staking, Staking Engine and attaches it to user wallet, it is directly linked to transferable NFTs. NFTs are the latest financial technology with high and endless potential. In this article, I will discuss DeFiFarms, a blockchain-based NFTs platform based on Binance Smart Chain. DeFiFarms implements DEFIY Non Funble token for dynamic staking, Staking Engine and attaches it to user wallet, it is directly linked to transferable NFTs. NFTs are the latest financial technology with high and endless potential. In this article, I will discuss DeFiFarms, a blockchain-based NFTs platform based on Binance Smart Chain. DeFiFarms implements DEFIY Non Funble token for dynamic staking, Staking Engine and attaches it to user wallet, it is directly linked to transferable NFTs.

Features of DeFiFarms

Automated Liquidity: For every transfer with DEFIY will be subject to 8% tax. Later, 6% of the tax will be added to the DEFIY-BNB liquidity pool automatically.
Automated Burning: 2% tax of 8% transfer tax of each transfer with DEFIX will be burned to increase the value of the token.
Harvest Lockup: Unique harvest reward mechanism which will limit the frequency of harvesting. This is to keep the platform free from bots.
Anti Whale: The system will prohibit the transfer of more than 0.5% of the total token supply to prevent Whales from playing the DEFIY token price.
Deposit Fee Redistribution: DeFiFarms will charge a 5% deposit fee for each user who first logs into DeFiFarms. Later DeFiFarms will distribute this fee to the holders and a small portion to the dev team.
DEX Trading: a non-custodial trading platform that makes it easy for users to trade crypto.
Merchant Adoption: Massive adoption of merchants will allow the ecosystem of DeFiFarms to develop for the better.
Yield farming: Users can stake LP tokens to get more token rewards.
Staking: Users can stake tokens to get passive income every day.
DeFiFarms Wallet: Digital wallet developed to make transactions easier.
NFTs: DeFiFarms also supports token NFTs for ease of trading and creating NFTs tokens.

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Congratulations on following the most promising project I have ever introduced. It can be said that if you miss DeFiFarms it will be a big loss on your way to success. DeFiFarms possesses all the advantages that today's big companies have.

Get more details:
Website: https://defifarms.org/
Twitter: https://twitter.com/DeFiFarmsNFTs
Telegram: https://t.me/DefifarmsNFT
Linkedin: https://www.linkedin.com/company/defifarms-ltd/
Medium: https://defifarmsnfts.medium.com/
GitHub: https://github.com/defifarms
author : griffinbearx
Profile : https://bitcointalk.org/index.php?action=profile;u=1236375
wallet : 0x7f4Eee8e10F6aBFa9bcD298CbFaa10D5318e8981