Introduction
Decentralized Finance in the blockchain industry is beginning to sprout and gain extensive importance, given its applications. The financial system has adopted the technology of DeFi and noticed an appreciable efficiency and effectiveness in the conduct of its operations and processes. With such a massive success and the demand for new outlets to offer a decentralized system of operating financial transactions, diverse projects are emerging. We have witnessed a plethora of DeFi projects, since the inception of blockchain technology, which delivered pertinent features and advantages for businesses and organizations who collaborate with them. One of the most recent projects is the Scarcity Decentralized Finance Platform.
This is a blockchain-powered platform that focuses on providing its subscribers the maximum returns or earnings from their digital assets owned within the network, and this process is referred to as Yield Farming. Scarcity DeFi allows its users to rotate their assets within the network towards any pool or activity the client considers viable to generate profits. This objective of this platform is capable of attracting numerous investors who are eager to increase the worth and amount of their assets. As a credible and transparent DeFi platform, the management team of Scarcity DeFi is planning to create a reliable method of increasing the earnings of its subscribers, as long as their remain active and contribute to the platform.
Scarcity DeFi network operates a platform driven by the members of its community and this facilitates its ability to offer quality and sustainable services. They are resolute in offering bountiful rewards to their users and participants who hold, stake, or lock up their tokens. An outstanding benefit enjoyed by investors who function as farmers is that they reap complete returns for all their investments made on the platform. On the other hand, the SCARCE network secures the volatility of the price of the network’s token, hence, protecting the financial interest of the customer.
The Benefits available for clients that subscribe to the decentralized finance platform offered by SCARCE include:
Multiple Yield Farming
There are various accessible options available to users on the SCARCE platform. They can either choose between exchanging in Ethereum or US Dollars, even the governance token (ySCR) alternative.
Insurance NFT farming
The platform offers users the benefit of earning the SCARCE token, which is a standard non-changeable ERC-1155 compatible digital asset. This token assures users to receive their rewards. Likewise, the adoption of the network extends to a broader audience interested in NFT and allows trading on Opensea, a renowned accessible market.
Firm Token Farming
For SCARCE digital assets locked for a specific period, there is an equivalent percentage of reward available for such users. Locked tokens can extend to about 90 or 180 days, or even a year, and receive between 18% to 48% reward in USDT, released uniformly daily.
Governance Token Rewards
Scarcity DeFi network, as a community-driven network, provides users with a governance token (ySCR) that permits them to engage in voting exercises and proposal submissions. Users are rewarded with ySCR when they liquidate or stake their tokens in USDT farming.
USEFUL LINKS
Website: https://scarcitydefi.org/
Telegram: https://t.me/SCARCEchat
Twitter: https://twitter.com/DeFiScarcity?s=09
Whitepaper: https://scarcitydefi.org/SCARCE-wp-v0.1.pdf
Github: https://github.com/scarcitydefi/ScarcityDeFi
Medium: https://medium.com/@scarcity
YouTube: https://www.youtube.com/channel/UC4PWIJUEP56PntLdKnAIhzg?view_as=subscriber
AUTHOR'S DETAILS
Bitcointalk Username: Chidoskim
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2652432
Eth Address: 0x4F70c5e328B15825Fa456a4F32fEeF315ba88FDf