Introduce

Cryptocurrencies are bringing us a lot of profit, especially those that lack global economic updates, but their volatility is not always under our control. If you are an investor in the crypto market then surely you know that Cryptocurrencies never fluctuate 10% daily and due to the volatility of tokens one cannot hold for long. That’s why today we introduce the DeFiFarms platform with many unique and innovative features. This is the NFT’s first powerful automated liquid trading profit farm, and the decentralized AMM exchange running on Binance Smart Chain allows you to win and win. DeFiFarms is the first Defi Yield Farm to be enhanced by the best NFTs.

To better understand this platform, my friends and I went to learn more about it. DeFiFarms Non-Fungible Yearn is also known as DEFIY. This is a defi NFT protocol for using ERC-721 tokens for production on Binance Smart Chain. Through the NFT token, DeFiFarms allows holdings to become more dynamic. it is linked to a transferable NFT instead of partially linked to the user’s wallet address. Low fees and less congestion when creating contracts are reasons to use the BSC network.
DEFIY’s goal is to be one of the first projects to harness the potential of NFT by creating a transferable token for mass adoption by providing a protocol within the BSC network that provides tokens safer, more flexible and cheaper.

The benefits that DeFiFarms brings to users

The DefiFarms project becomes more interesting and appealing to customers as it includes various unique features.
Like all other projects, DefiFarms also has investment risk but DefiFarms risk level is much lower than other projects. By providing new staking techniques to try to avoid impermanent loss and improve fund liquidity. Not only the APY Number can depend and change on the volume of the DEFIY trading platform but also the rewards earned in the DefiFarms platform.
Another feature of DefiFarms is that after providing liquidity to the DEX using PanCakeSwap, it can now be used to lock up LP tokens. This way, when a user adds liquidity to a token pair, the DefiFarms protocol automatically generates an NFT at the time of joining, which will allow the locked value to be a transferable ERC-721. . On the other hand, you can exchange your NFT for the market value of LP tokens along with accumulative rewards, or exchange your NFT for a locked value of LP if you decide to opt out and withdraw your LP.

The DefiFarms protocol also has the ability to prevent users from performing various actions to obtain DEFIY. Just like other platforms, the DefiFarms Participation Process is quite simple and easy, but when a user joins the DEFIY platform, an NFT is issued to them and all the information about the user’s participation will be stored in the NFT’s unique token identifier.
The DefiFarms platform itself uses NFT to end your participation. Once done, you can decide if you want to record it or open it up.

Defifarms Tokeonomics

DEFIY and DFTC are the official tokens of DefiFarms that enhance farming, staking, earnings, trade settlements, and huge gains across various blockchains.
Through PancakeSwap platform we can easily get Tokens. However, it will be launch into many other platform and inside the platform itself, users will be able to trade different tokens and will be rewarded by participating in staking or farming. Below is a summary and distribution diagram of tokenomics Defifarms. You can go through and familiarize yourself with the Defifarms project.

In brief

Defifarms was launched with the aim of solving the main problem of mass adoption of cryptocurrencies. In just a short time of launch, it has covered the cryptocurrency market worldwide and attracted the participation of many people. To meet the needs of customers, Defifarms Finance will provide a comprehensive platform that utilizes the power of the Binance chain to connect all other leading ecosystems, thereby bringing the Defi world together.
The future of blockchain as well as cryptocurrency is very difficult to predict. But for now, the cryptocurrency industry is still in its infancy and contains enormous growth potential. Today, more and more platforms are evolving to solve the problems of the traditional financial industry, and even deal with the backlash of newly created modern technologies. As a result, the number of financial solutions using blockchain technology is increasing, including the Defifarms protocol project. I believe that with the continuous efforts of the Defifarms platform, it will rise and be in the top of the most potential and developed projects in the cryptocurrency market.

Social Media Links
Medium: https://defifarmsnfts.medium.com/
Linkedin: https://www.linkedin.com/company/defifarms-ltd/
Twitter: https://twitter.com/DeFiFarmsNFTs
Telegram: https://t.me/DefifarmsNFT
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