Introduction

In recent years, Blockchain technology and cryptocurrencies are attractive financial instruments that attract the interest of many people. The Centralize finance industry were the financial technical giants of the cryptocurrency space, until Ethereum launched the first decentralized finance product. Decentralized finance (Defi) didn’t require customers to submit their bio-data details before they sign up. Decentralized finance requires their customers through Metamask or Trustwallet to connect their wallets to list a number. Although this method has been adopted by many talented and creative programmers to flex their creative muscles on the Decentralized Exchange (DEX) and Defi system, it has created a dynamic ecosystem. complex and saturated state, making it difficult for Defi investors and users to find Defi Products for them.They needed to search-and- search until their desired products were obtained.
Defifarms has noticed these lapses in the cryptocurrency space and the decentralized finance ecosystem and have stepped in to rectify the situation. Through the Defi Decentralized Exchange, Defifarms has created an automated marketplace.

General introduction to the Defifarms platform

Volatility is the limitation of most of the current projects in the electronic market. Defifarms is a project that originated in London, UK. This is a project that tends to limit the volatility of crypto-digital assets. The Defifarms platform is easy to access and doesn’t have any point of failure. Defifarm is powered by Binance smart chain. With high transaction speeds and cheap transaction fees compared to its boisterous Ethereum network counterpart, Binance Smart Chain Network is the core team’s best choice.Defifarms proposes to be a multi-purpose tool that includes trading, investment staking and its further goal is to integrate the entire scope of Defi and Blockchain futures.

DeFiFarms’ goal is to be able to revolutionize the cryptocurrency sector, DeFiFarms has officially launched for the first time with a combination of decentralized finance (DeFi) and NFT tokens. And I firmly believe that this will be a very sought after project and it is also the explosion of the cryptocurrency market in the near future.

How does Defifarms work?

The first DeFiFarms protocol on the Binance smart chain uses NFT to make yield farming more secure and resilient by creating the first convertible stake. The DeFiFarms protocol uses NFT technology to wrap your shares, which you can burn to destroy or you can simply sell on our electronic marketplace. This can minimize impermanent losses if you think selling NFT will make more money than deposit. The special feature of this project is NFTs security software. When you place a bet, we will create an NFT that ends your bet. This NFT is the key to unlock your account.

To solve and limit some of the lingering problems of Defi crypto projects without the ropes tying them down, the Defifarms core team created Defifarms finance. By using the power of BSC, Defifarms proposes to be a comprehensive platform that can connect and a Bridge for all other prominent Defi projects in the Defi space, Gradually forming an ecosystem giant. This makes sense as an investor can access Defifarms finance and get access to bouquet of Defi projects.

What unique features does Defifarms have to attract customers?

The DefiFarms project becomes more interesting and appealing to customers as it includes various unique features.
DefiFarms also has investment risk Like all other projects, but the level of risk of DefiFarms is much lower. By providing new staking techniques to try to avoid impermanent loss and improve the liquidity of the fund. 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, if you decide to opt out and withdraw your LP, you can exchange your NFT for the market value of the LP token along with accumulated rewards or exchange your NFT for LP value lock .

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.
This is a newly launched crypto market project but it is full of features of professional projects with a long history. Even the features of the Defifarms platform are taken to the next level. That is also the reason why it has received the attention of many people in the electronic market.

ROADMAP

TEAM

Conclusion

Defifarms finance protocol incorporates the recognized and accepted staking method popular in the cryptocurrency industry. It is a proof of stake algorithm that was invented to maintain a healthy network; decrease the circulating supply of tokens, thereby increasing the price of the digital asset. Here, the loyalty of the network stakeholders will be compensated in proportion to the number of tokens they lock from the circulating supply of the crypto asset Defifarms.
More information on DeFiFarms and its offerings can be found on the DeFiFarms website.

Telegram: https://t.me/DeFiFarmsNFT
Media: https://t.me/DefifarmsNFTs
Medium: https://medium.com/@DeFiFarmsNFTs
GitHub: https://github.com/defifarms

author : Vilta
Profile : https://bitcointalk.org/index.php?action=profile;u=2999898
Proof : https://bitcointalk.org/index.php?topic=5346604.msg57505481#msg57505481
wallet : 0xa079D4B4B5e965b87cAc0F0810d36B80F7c6E060