About Tokensfarm
TokensFarm is a cross-chain farm-as-a-service platform that utilizes the most up-to-date farming protocol code. Boost the token’s performance with no effort & no code required. They creates & hosts farming programs for a variety of projects that trust its advanced, secure audited smart contracts. They helps investors, project owners & regular token holders to profit off their crypto assets. They are also giving the option to cross over blockchains with ChainPort.io product.
TokensFarm is a platform for creating and hosting farming programs for a variety of crypto tokens. These Farms are looking to engage their communities, and provide secure off-the-shelf smart-contracts! As well as great design, easy use, compatible with the most popular wallets, and high trusted security.,[object Object], Currently we have 2 farm types: staking token farm, and LP farm that is rewarding users for adding liquidity in decentralized exchanges pairs.,[object Object], All the TokensFarm contracts have been audited by ,[object Object], and ,[object Object],.
Quick Fact About TokensFarm
| Coin Basic | Information |
|---|---|
| DEFI Coin Name | TokensFarm |
| Total Value | $36.64M |
| Circulating Supply | N/A |
| Token symbol | TFM |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To Visit |
| Twitter Group | Click Here To Visit Telegram Group |
| Documentation | Click Here To View |
| Official Project Website | Click Here To Visit Project Website |
What is a crypto farm (yield farming)
Yield farming is the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency. This innovative yet risky and volatile application of decentralized finance (DeFi), but skyrocketed in popularity recently thanks to further innovations like liquidity mining. Yield farming is currently the biggest growth driver of the still-nascent DeFi sector.
What is the difference between lp farming and staking?
Technically they have the same type of coding logic used in the Smart Contracts, but most people like to call it Farming. In our case there are 2 types: LP farm and staking farm.,[object Object], ,[object Object], is token per token you get the 0.3% of fee and the rewards only per this token you chose.,[object Object], ,[object Object], will be for a pair of tokens (example: ETH-BUSD) – so the lp token you will get by adding liquidity that will generate the lp token you are staking in the LP farm.
Rewards
Rewards are deposited by the token issuer as part of their marketing, and incentive initiatives. Crypto tokens usually have a limited supply, therefore, the biggest rewards will be given in the early stages of any project.
A dynamic APY is a functionality that automatically adjusts the APY value for the active period as follows: reward per block/ number of tokens staked for that block * number of blocks in 1 full year = APY,[object Object], Where Reward per block = program’s reward total / total number of blocks in the program,[object Object], Dynamic APY goes up when users leave and down when they join the farm.
Blockchain Supported
Currently they support all the Ethereum virtual machine compatible blockchains such as BNB Chain, Polygon, Avalanche, Moon River, Hecko, Fantom, OkEx chain and more.
There is no such limit. The contract can have as many participants and tokens as possible. The rewards are divided according to the relative holding of each participant out of the total tokens in the contract. The APY adjusts accordingly, as users adding or removing tokens from the contract.
Security Protocol
TokensFarm is using the highest security standards in the crypto space, and all the TokensFarm smart contracts have been audited, most of them by at least two auditors. Audit reports can be found in the website footer. Despite the above, before using this site, please do your own research on how staking Farms and smart contracts work. Make sure that you understand the risks and read terms and review the audits. Don’t risk more than you can lose! Tokensfarm has no part in the management of the tokens are presented on the website, and they are under the responsibility of the companies that issued them.
How can create a farm for a token?
If you want to create a farm for a token, please follow this link for more information, and farm request link.
If you want to farm with us for a specific token (that wasn’t generated by you), please share our website with the project owners!
