The Farming Den

The farming den is a decentralized AMM built and running on Binance Smart Chain enabling a smart yield and burn mechanism within its ecosystem.

The key goal of The Farming Den is to build a decentralized dual-chain AMM that enables constant buyback and burns from staking fees as well as exclusive features not found in other platforms.

Features:

We pay patronage to our predecessor Goose finance for creating such marvelous features for the fee system so we are happy to mention our structure:

  • 4% staking fee
    - fee will be used to partially purchase $TFT and burn
  • Exclusive NFT Features
  • Initial farming offerings
  • NFT Bridge
  • 1% Transfer fee(Automatically burned)

Yield Farming

- Through our exchange, we will allow liquidity providers to earn The Farmers token($TFT) by providing liquidity on our exchange!

Security

  • Removed Migrator Code
  • Timelock added at launch
  • Ownership is set to Masterchef, this way no one will be able to mint any additional tokens

Tokenomics

  • Team Allocation: 10,000 $TFT
  • Marketing and Audit: 5,000 $TFT
  • Reserve Tokens: 5,000 $TFT

Token lock-ups:

  • Team Allocation: 7500 $TFT — 15 days cliff and 60 days vesting.
  • Reserve: 2500 $TFT — 15 days cliff and 60 days vesting.

TFT BURNING MECHANISM

We are trying to create a balance between the inflation and burning of Farmers token.

Dual-Chain

The farming den aims to bridge its AMM through BSC and ETH. More details will be released in the future.

NFT Features

More details regarding NFT’s will be released in the future.

Stay tuned for more details!

Website Twitter Telegram Telegram Ann

--

--

--

The farming den is a decentralized exchange built and running on Binance Smart Chain enabling a yield and burn mechanism within its ecosystem by utilizing NFT’s

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

AnySwap интегрируется с Moonriver!

Important Factors to Consider When Integrating Blockchain in a Business

Oracle Working Group Notes — Scaling Ethereum

【AMA回顧】Swim Protocol x SolanaTW

Decoding the Stacks Ecosystem

How rDEX Will Change Liquid Staking

THORCHAIN — ONE YEAR MILESTONE

Proof-of-work vs Proof-of-stake

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
The Farming Den

The Farming Den

The farming den is a decentralized exchange built and running on Binance Smart Chain enabling a yield and burn mechanism within its ecosystem by utilizing NFT’s

More from Medium

SPELL TOKEN CRYPTO HUGE PRICE UPDATE!

BNBFomo.io — High APY Yield Farming. Earn up to 13.71% daily interest on your staked BNB.

Yield farming vs. Staking: Which Is Better?

Cex, Dex & FibSwap