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PRESS RELEASE. What is yield farming? Yield farming, also known as cash mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means blocking cryptocurrencies and getting rewards.
In a sense, yield farming can be paralleled with staking. However, there is a lot of complexity in the background. In many cases, it works with users called liquidity providers (LPs) who add funds to liquidity pools.
What is Earn Finance?
Earn Finance: is a blockchain-independent decentralized finance (DeFi) aggregator platform that supports DeFi projects deployed on blockchain Ethereum, Binance smart chain etc., focusing on simplicity, user experience, privacy and global adoption powered by the rewardiqa foundation, we are developing a powerful community-centric DeFi platform focused on staking, agriculture, lending and mortgages. The platform is powerful enough from a scalability, interoperability, developability and governance perspective to help make Web3’s vision a reality that aims to get more value for an investment.
How to buy YFE tokens:
In order to develop a strong YFE platform and, more importantly, encourage early investors and supporters, the Earn Finance team decided to organize a pre-sale of the Earn Finance (YFE) token.
(There will be 4 ROUND for presale)
Direct link to participate in the presale:
https://earnfinance.net/
Pre-sale phases:
Go to YFE presale link, then plug in your Metamask, prepare your ETH, add the amount you want to buy and press buy YFE Token, if you don’t have metamask, just follow the instructions here https://telegra.ph/Earn –
Earn Presale Financing Distribution Process:
60% of the funds raised after the presale would go to the Uniswap pool.
40% of the funds raised after the presale would be used for listing on multiple exchanges, marketing, promotion and development.
The Earnfinance (YFE) token will be listed on Uniswap after the presale.
The Earnfinance (YFE) token will be listed on Coinmarketcap (CMC) and other exchanges like Balancer, Binance, Kucoin, FTX and others after a few days on Uniswap.
If you need further assistance, Telegram administrators are there to help.
YFE financial products:
We are building a transparent, secure, easy to use and simple yield farming platform, which would offer the opportunity for YFE holders to gain benefits from different platforms provided by Earn Finance.
YFE Finance: The staking platform allows investors to earn a return on the YFE token, by depositing and selecting the amount you wish to wager, you will get an APR of 32% and can be unlocked at any time and you will also receive the FYFE token reward.
Governance: The earnfinance ecosystem is controlled by the YFE token holders who submit and vote on the proposals that govern the ecosystem. Proposals that meet quorum requirements (> 20% of tokens staked in the governance contract) and generate majority support (> 50% of votes) are implemented by a 9-member multi-signature wallet. In order to be implemented, changes must be signed by 6 of the 9 portfolio signatories. Multi-signature portfolio members have been voted on by YFE holders and are subject to change with respect to future governance votes.
Loan – YFE will provide you with the highest yield on the market today, up to 32% APR for supported currencies (DAI, USDC, USDT, TUSD, BUSD, PAX) STAKING – Stake YFE and earn 32% APR, YFE can be unlocked at any time without any blocking period or other obstacles in your way.
Yield Farming – It is simply based on a farmer planting and harvesting all of his crops. The more you grow, the more you sell, the more you invest the more you earn. With YFE, you can enjoy Yield Farming to the fullest.
Earn Swaps – Trade in your assets without sending anything to anyone or with no fear of loss.
Dapps – Earn finance is also developing its own Dapp running on the Ethereum network, allowing users to use it from any preferred wallet (Trust wallet, MEW, Metamask etc.) to search and use their own decentralized ecosystem.
Earn Money Tokenomics Finance:
Token type: ERC-20
Token symbol: YFE
Token Name: Earn Money
Contract: 0x8c1Ca31E0992421f26A74Df65b30
Total supply: 500,000 YFE
Supply in circulation: 100,000 YFE
Uniswap initial liquidity: 100,000 YFE
YFE in presale: 200,000 YFE
Team Tokens: 10,000 YFE
Marketing and development: 80,000 YFE
Airdrop: 110,000 YFE
Conclusion:
Earn Finance offers an innovative platform and promotes Defi to an advanced level. It aims to work efficiently with Defi’s other existing protocols to build the new global ecosystem.
Earn financial community:
Website: https://earnfinance.net
Telegram channel – https://t.me/earnfinanceglobal
Twitter: https://twitter.com/
Email: [email protected]
This is a press release. Readers should perform their own due diligence before taking any action related to the promoted company or its affiliates or services. Bitcoin.com is not liable, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, nor a recommendation or endorsement of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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