The Farming Den
Intro
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!
