DeFiFarms Protocol price

DEFIY

DeFiFarms: World’s First DeFi Ecosystem with NFT Protocol Farming on Binance Smart Chain DeFiFarms is a brand-new financial ecosystem that combines DeFi and NFT to create a unique yield farming method based on cutting-edge Blockchain technology. Bringing to the DeFi table a series of revolutionary solutions focused around ERC-721, The Non-Fungible Token — NFT Standards, DeFiFarm inherits all innovative functions from current Decentralized Finance Platforms such as Decentralized Trading, Swapping using AMM supported by Liquidity Providers and adds new cool functions utilizing NFT. As the first Non-Fungible protocol to support Stake transactions via NFT, DeFiFarms Protocol is built on top of the ERC-721 Protocol, popular on the Binance Smart Chain community, and supports safer, faster, and less expensive transactions. more costly. Users can sell their unique NFTs for a market reward, or perform a cancel operation to BURNs their own NFTs, allowing for a more flexible approach. Everyone's stake will be kept in the Metadata that resides in each On-chain asset, allowing for real-time incentive accumulation and transparency. This also reduces losses caused by market volatility and simplifies the process of swapping shares without the need for Protocol swaps. Below are our most unique features: AMM powered Trading: On our AMM-based decentralized exchanges, the traditional order book is replaced by liquidity pools that are pre-funded on-chain for both assets of the trading pair. Staking, Liquidity Providing: allows users to stake their various digital assets into different pools to verify transactions, provide liquidity and earn DEFIY, the governance token of DeFiFarms. NFT Farming: By using NFT, DeFiFarms allows stakes to be more dynamic. Instead of a stake being tied to a user’s wallet address, it is linked to a proof of ownership, transferable NFT. Automatic Liquidity: Every transfer made using DEFIY is subject to an 8% tax. Later, 6% of the tax will be paid automatically into the DEFIY-BNB liquidity pool. Automated Burning: To boost the token’s value, a 2% tax and an 8% transfer tax from each DEFIX transfer will be burnt. Harvest Lockup is a one-of-a-kind harvest incentive mechanism that limits the frequency of harvesting. This is done to keep bots from gaining access to the platform. Anti-Whale: To prevent Whales from affecting the DEFIY token price, the system will ban transfers of more than 0.5 percent of the total token supply. Redistribution of Deposit Fees: DeFiFarms will charge a 5% deposit fee to any user that logs in for the first time. DeFiFarms will later disperse this charge to holders, with just a tiny amount going to the development team. DEX Trading: a non-custodial trading platform that allows users to easily trade coins. Merchant Adoption: Increased merchant adoption will aid in the growth of the DeFiFarms ecosystem. Yield farming: Users may invest their LP tokens in order to receive more token payouts. Staking: Tokens can be staked by users to obtain daily passive revenue. DeFiFarms Wallet: A digital wallet designed to facilitate transactions. Above is NFT Protocol Farming on Binance Smart Chain, what do you think about this World's First DeFi Ecosystem? Please comment below!