Welcome to FarmerLand, a farm-themed idle P2E NFT game and DeFi experience on the Polygon Network! FarmerLand is currently in the pre-launch phase and the Community Bootstrap Event (CBE) will begin on January 27, 2023 at 8pm GMT.
FarmerLand allows you to combine Farmer, Land, and Tool NFTs to earn WHEAT tokens and USDC dividends through our Stable Staking and the WHEAT Market. This allows you to not only play for fun but also earn a profit. By staking unlimited NFTs in the Stable, you can earn WHEAT, Passive Income, and USDC dividends. Additionally, by staking your best NFTs in the Field, you can boost the WHEAT Market and WHEAT Staking yield.
The NFTs in FarmerLand have random Ability, Fertility, and Quality stats when minted in the Barn. However, you can increase your NFTs’ Stat values by training them in the Toolshed! The FarmerLand Market: WHEAT DeFi also allows you to bid USDC on Daily Auctions for WHEAT tokens. USDC dividends, Passive Income, and bonus WHEAT are distributed back to WHEAT stakers. Stakes can be bought, sold, lent and borrowed.
You can earn passive income by using forex bots and Allocation Management Module accounts in FarmerLand. There is also a Daily King of the Farm competition with a cash prize pool and big paydays give a bonus for every 30 days of WHEAT staking. In addition, check out our Roadmap to learn about upcoming features in future FarmerLand versions as we have lots of great expansion plans to share with you!
The Community Bootstrap Event (CBE) will last for 2 days and has a total hardcap of 200,000 USDC for 8,000 WHEAT. The price of each WHEAT is 25 USDC and will be sold on a first-come, first-served basis. The limit is 2,000 USDC/wallet (80 WHEAT). There will be no whitelist or private sale. A Special Breeding Event will also be held from January 27th 8pm GMT to January 30th 8pm GMT, during this limited time all FarmerLand NFTs (Farmers, Tools, and Land) will cost 0 MATIC and 3 WHEAT, These prices are deeply discounted from the standard NFT Minting prices.
30% of CBE funds will be allocated to infrastructure, 20% to the team, 30% to passive income generation and 20% will be entered into the USDC auction lobby on days 1–7, which will give dividends for 2 weeks. The total amount of initially minted WHEAT is 8,500 and from this 8,000 will be from the CBE, 500 from promotions and incentives and 3,000 will be minted by daily auction which will decrease by 1% each day. The daily amount of WHEAT and rate of decrease can be changed by admin.
In addition to this, 10% of daily lobby amount will be added to the Stable NFT Staking pool and 10% of daily lobby amount will be allocated to dev/infrastructure. Bonus WHEAT tokens will also be awarded for staking NFTs in the Field, redeeming stakes and referral bonuses.
A portion of the funds received by the team will be used to generate passive income through foreign exchange and commodities bots and Allocation Management Module accounts. The passive income generated will have the following sources of funds: 30% of income from the Community Bootstrap Event, 50%