Introduction
We are gradually pivoting to a technological era where computing power is the fuel of modern technology. Computer processing power is needed to fuel the ever growing and rising aspects of emerging technology. Artificial intelligence, virtual reality, augmented reality, cloud computing and blockchain technology, just to mention a few. It has become a commodity as demand for it keeps on Pea Farm growing finance.
In the world of crypto, the fact that an investor is always looking for ways to increase profits or increase the number of coins he has in the form of trading, there is a fairly new concept which helps to increase the coin which is "Farm of Yield".
Pea Farm - is a leverage yield farming protocol built on the Binance Smart Chain. It allows yield farmers to earn higher returns by opening a leverage position.
Pea Farm Finance Platform is a leveraged yield farming protocol based on Binance Smart Chain (BSC) released by Pea Farming Digital Garden Asset. It supports users participating in liquidity farming through over-lending plus leverage to get more revenue.
When the user has insufficient funds but wants to participate in Defi liquidity farming, Pea Farming can provide up to 10X the leverage to help users obtain the maximum revenue per unit time, and at the same time provide a borrowing pool for users who prefer stable returns to earn profits.
The Financial output agricultural project which is one of the Defi (Decentralized Finance) running on Binance's Smart Chain files, the exchange's blockchain, has been in the spotlight of investors. Many developments in the crypto space promise a faster transaction settlement system with the added advantage of implementing smart contracts. Among those projects is the Binance Smart Chain, or BSC. The platform is designed to be fully compatible with the BEP-20 blockchain with a more decentralized consensus mechanism, for more details, please contact the extraordinary company below: https://pea.farm/
Strengths & Vision
Alpaca Finance + Badger Finance + Algorithm StableCoin
leveraged lending + Yield Farming + Algorithm mechanism
Pea Farm fully draws on and adopts the advantages of the projects in the market, uses the over leveraged yield farming products with the advantages of Alpaca Finance and Badger Finance, creatively combines the mechanism of algorithm stable coin to empower the SPEA Token. In the whole economic ecology of Pea farm, SPEA Coin, which is endowed with more application scenarios, not only represents the governance rights and interests of the leveraged yield farming protocol, but also the shareholders' rights and interest’s token of algorithm stable coin of BUSD.
Pea Farm vision is to become the Federal Reserve of the DeFi world, based on the principles of equal opportunity and commercial sustainability, and to provide appropriate and effective financial services at affordable cost for people of all social strata and groups who need financial services. Pea Farm Finance is not a simple leveraged yield farming platform or algorithmic stable coin system. It will be a decentralized and inclusive financial services infrastructure with the ability of continuous hematopoietic and based on blockchain technology. Compared to being the same role as the Fed, what Pea farm expects goes well beyond The Fed's role in the world economy.
How to Participate?
As a user, you can participate in Pea Farm in four different ways:
Lender: Pea Farm allows you to earn income on your base assets by depositing them into our vaults. These assets will then be offered to yield farmers for leveraging up their positions.
Farmer: As a farmer, you can earn a higher yield by opening a leveraged position on Pea Farm. Of course, this comes with bigger risks: liquidation, impermanent loss, etc.
Liquidator: Monitoring the pool for underwater positions and liquidating them when they become too risky.
Bounty Hunter: The bounty hunter pitches on the pool and executes the reinvestment, the percentage given to bounty pool is used as buyback funds to promote the value of the token. For this service, the remaining will be converted into LP of the pool and pledged again to obtain compounding returns.
At launch, we will support two base assets BNB and BUSD , and integrate our leveraged farming with PancakeSwap And listed on Bkex Exchange.
What is the SPEA Token used for?
- Protocol Governance
We will soon launch a governance vault that will allow community members to stake their SPEA Tokens. - Captures Economic Benefits of the Platform
Users of PEA Farm Finance Protocol (depositors and borrowers, i.e. lenders and farmers) will be rewarded with SPEA Token for their deposit and borrow behaviors Pea Farm platform will set up a buyback fund with its income, which will be used for deflation and appreciation of SPEA token. When earnings are reinvested, 30% of that is used to PEA repurchase fund. The 20% of the depositor’s interest income is used as market development fund. All of these will contribute to PEA demand increase and value growth. - Capture Economic Benefits of the SPEA Token is the shareholders' rights token of algorithm stable coin. Whenever BUSD etc. is inflationary, the members who pledge SPEA token to the boardroom will share the additional BUSD as dividends to share the benefits of ecological growth. For more details, please pay attention to our follow-up announcement.
Conclusion
Pea Farm fully draws on and adopts the advantages of the projects in the market, uses the over leveraged yield farming products with the advantages of Alpaca Finance and Badger Finance, creatively combines the mechanism of algorithm stable coin to empower the SPEA Token. In the whole economic ecology of Pea Farm, SPEA Token, which is endowed with more application scenarios, not only represents the governance rights and interests of the leveraged yield farming protocol, but also the shareholders' rights and interest’s token of algorithm stable coin of BUSD.
Pea Farm Finance can provide up to 10X leverage to help users obtain the maximum revenue per unit time, and at the same time provide a borrowing pool for users who prefer stable returns to earn profits.
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For More Information Connect to Pea Farm
Website: https://pea.farm/
Twitter: https://twitter.com/PEAFARM3
Telegram Group: https://t.me/PEAFARM_chat
Medium: https://pea-farm.medium.com/
Whitepaper: https://pea.farm/assets/white_paper.pdf?v=1.2
Authorized By:
Bitcointalk Username: Crypto Bright
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2903200
BEP-20 Wallet Address: 0x686a1Da514673eb8fF3bF9B281F5958C23DcA1eB