World is moving ahead with growing technology and the rise and growth of blockchain technology has totally changed the mutual transaction system and has developed a decentralized ecosystem where the transactions are done peer to peer and without involving third parties. That gives more security, fast speed and low transaction cost. Further with the evolution of blockchain technology now with the help of DeFi all the financial and real asset transactions are done on blockchain technology and DeFi has challenged the decentralized mechanism and has created a transparent and anonymous environment loaded with all the benefits of blockchain technology. Now users are able to use this revolutionary technology to do their financial transactions without revealing their identities and the mutual trust for transaction execution is taken care by the DeFi ecosystem. So DeFi means a trust-less, transparent, immutable and much scalable ecosystem that is providing fast and secure transaction with very low fees without third party interference and boundaries obstacles.
This has created lots of opportunities in the market for the existing and emerging projects of the market to get access to worldwide audience and develop their business by using DeFi applications and protocols.

DeFiFarms Ecosystem

DeFiFarms is a DeFi protocol that is providing easy swapping, trading and many protocols to earn passive income on it's fast and secure platform. DeFiFarms is an AMM protocol on Binance smartchain. DeFiFarms has technically advanced Smart contracts which are innovative and capable enough to collect useful information regarding the price variations of any particular asset from the different reliable sources of the market and the by analyzing the gathered information will work out the most compatible price of the asset to trade and swap for its users. This automated AMM protocol is providing the best deals to the users of the platform and also generating LP tokens with the true current value of the assets and enabling the users to earn more profits from their investment. DeFiFarms has no ordinary order book where the orders of buying and selling are already existed, instead the transactions are done with best current price of the asset and the trading/swapping on the platform is backed and insured by the liquidity of the DeFiFarms protocol. So more liquidity means the transactions are executed with fast speed. DeFiFarms platform is much liquid since it has lots of DeFi applications and protocols for its users to use and give their assets in different staking and liquidity pools of the platform to get passive income from their assets which are inactively stored in their wallets. So more and more people are using the platform and that is creating more liquidity on the platform.

DeFiFarms is decentralized Dex built on Binance smart chain

DeFiFarms platform is created by experienced and innovative developers to cope up the biggest flaw of the market that is low speed and high fees of transaction. Being more liquid and by using Binance smartchain, DeFiFarms platform provides more speed and the transactions are executed in a flash and with very low fees. So the users of this platform are able to trade freely and can do their asset management when there is high volatility in market. DeFiFarms has its own innovative price algorithm that is capable to provide best existing price of the assets. So the users of DeFiFarms Platform will always get deals for their trading and swapping of crypto assets. DeFiFarms is a decentralized phenomenon and is providing best trading experience to users. More scalability of the platform is allowing users to conduct their transactions very fast with much lower fees even when there is more congestion. Also immutability feature of the platform is providing data security and users cam transact freely.
DeFiFarms is a pretty fast and much secure platform. This platform operates on binance smartchain so it is more scalable and even in congestion times,supports fast execution of transactions with very low fess. This feature of fast and much economical platform has enabled the users of the platform to transact any time and any where with their comfort. So the platform is capable to generate users' loyalty on the platform. And with more end users on the platform transacting freely means the platform is always much liquid platform and the ecosystem runs very well while supporting all the DeFi applications and protocols.

Secured protocol

DeFiFarmss Smartcontarcts do not allow other smartcontracts to interact in its system. So there is no possibility of DeFi manipulations and flash loan attacks on the platform. Users fund are always safe on the platform. And the best part is that the third parties are completely vanished on the platform so there are no hidden charges and no fear of unnecessary inquires on the platform. The transactions are executed on the innovative smartchain of DeFiFarms. The smart contracts and nodes of the platform store all the information via blocks on blockchain. The data of executed transaction is stored in user's account and always available in a distributed ledger on blockchain and anyone can see the data with a solid clause that no one can get assess to data and thus cannot change or manipulate the data. So users of this platform are always safe and enjoy secure transactions on the platform. DeFiFarms platform is using Binance smart chain so transaction cost is much lower as compared to Eth blockchain also there is not any congestion problem to face so the tasers of this platform are able to access all DeFi applications and protocols with fast speed and with low cost. The fees paid for transactions is further used in liquidity pools and a portion of fees is used for the future development of the platform.

Secured NFT staking

This platform has staking applications to earn interest. Users can hold their assets in the provided address for a certain period of time and then become eligible to get interest income as per their share in the staking pool of the platform. DefiFarms smart contract has inbuilt program that has taken the staking protocol to a new level where NFT concept is used in taking protocol and when you stake your DEFIY/BNB liquidity tokens on a dex , the LP tokens are locked in the staking contract. And the protocol will mint an NFT at the time of staking. This minted NFT will represent the corresponding value you have you have locked in staking pool. That means the DefiFarm system will convert your provided liquidity in to transferrable ERC-721 Token that will be stored on-chain in the metadata of the token. If you decide not to be a liquidity provider then simply go to the market place and trade that NFT for the market value of LP tokens along with the accrued rewards. You can also unstake your provided liquidity at any time. When you unstake , the NFT is burned and staked funds and the generated rewards will be transferred to your wallet.

Liquidity mining/ Yield Farming

DeFiFarms has lots of liquidity mining pools for its users to use inactive funds of their wallet to use and give liquidity in different pools as per their comfort and generate LP tokens.Then these LP tokens are used in various yield farming protocols provided by DeFiFarms platform. So the users of this platform and add their share in liquidity pools and then generate some passive income. So DeFiFarms platform is a much liquid platform and with more liquidity the transactions are done with very fast speed without waiting for longer period of time.

DEFIY Token

DEFIY is the symbol of native token of the platform. DEFIY is the fuel of this rapidly growing ecosystem and DEFIY token is fully backing up and insuring all the DeFi applications and protocols of the platform. DEFIY is given as reward for using Defi protocols of the platform and DEFIY holders get the various fee concession on the platform. DEFIY token has a very limited supply and further there is a deflationary mechanism of continuously burning of DEFIY tokens. That means with passage of time the total supply will decrease and hence with more demand the price of DEFIY token will boost up in near future. token has a very limited supply and further there is a deflationary mechanism of continuously burning of DEFIY tokens. That means with passage of time the total supply will decrease and hence with more demand the price of DEFIY token will boost up in near future. DEFIY is BEP20 token and it runs on Binance smart chain. It is providing more flexibility and scalablity. The contract address of DEFIY token is:
0x2307DfB065CF1c9c5bC0f3435b49830C0AB86847

When you make a token swap (trade) on the exchange you will pay 8% transfer tax. 6% transfer tax will also be added to the DEFIY-BNB liquidity pool through the contract to automatically and continuously raise the price floor. The other 2% transfer tax will be burned immediately. The whole process is automatic and is the inbuilt program in the smart contracts of DeFiFarms platform.The liquidity will be locked and inaccessible. Before DeFifarms is launched on AMM dex, the liquidity will be added on PancakeSwap then on DefiFarms.

Innovative Team & well developed RoadMap

DeFiFarms is a user friendly platform and is led by an innovative & hardworking team that has taken the initiative to do something good in blockchain technology and has merged NFTs in DeFi staking and yield farming protocols. That means the initial investment of the users will be represented bu an NFT that is minted by the smart contracts of the DeFiFrams platform proportional to the best current price of the assets that are invested by the users. The project has its own AMM and is well capable to provide the best trades with best current price. You can sell your liquidity to others by merely transferring the rights of NFT which is representing your liquidity that means there is no need to unstake the liquidity and the receiver will get the ownership of the pool with earned rewards. that is a cool concept and an unique idea. In this highly sophisticated and volatile market, new ideas are always appreciated and get trendy in the market. The hardworking & experienced team knows the importance of promotions and good partnerships to make the project noticeable in the market as such DeFiFarms is present in almost all social forums and also it is promoted via bitcointalk bounty conducted by the best bounty group. The team has worked out many good partnerships and is always searching for good platforms to promote the project so that more and more people can understand the game changing concept of the platform. So there is a full chance this project will get much hype in the market and will grow rapidly. With increase of demand and with limited supply of tokens, the price of the token will grow higher and the early adopters will get their portfolio increased in multiples.

The innovative project team has tons of experience in different blockchain fields and DeFiFarms is an independent protocol that don't require third party help to conduct operations on the platform. The end users of the platform are the stake holders and can actively take part in decision making programs. The project team has enough knowledge and resources to create and execute the development strategies for the smooth future growth of the platform.

To get more information and get updated with latest project developments, check out:

• Website: https://defifarms.org/
• Twitter: https://twitter.com/DeFiFarmsNFTs
• Telegram: https://t.me/DeFiFarmsNFT
• Medium: https://defifarmsnfts.medium.com/
• LinkedIn: https://www.linkedin.com/company/defifarms-ltd/

Writer

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