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Original Finance

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News

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Son Min-ho

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Ayman Ben Youssef

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Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is Original Finance?

Original Finance — a brand new DeFi project, developed by an experienced team as a 3rd generation deflationary yield farm, exchange network and AMM on Binance Smart Chain.

Contents:

Original Finance

Brief information about the platform

In addition to the buyback mechanism, introduced by Goose Finance, the creators of the project have implemented some unique innovative features on the Original Finance yield farm to combat the inflationary problem, faced by most traditional farms and even Goose Finance.

Here are some important features that have already been implemented:

1. Token deflation model.
2. Hybrid recording engine.
3. Ransom incineration.
4. Referral program in the network.
5. The migrator code has been removed.
6. Timer at startup.

Unlike other deflationary farms, by creating a huge exchange network and a reasonable deflationary model of tokens, the project can achieve price stability while creating ideal conditions for users to continue farming.

PHOTON — the main token of the project. Initial baud rate: 1 PHOTON / Block. Minimum emission rate: 0.0625 PHOTON / Block.Original Finance

Reduced emissions: whenever the half-life occurs, emissions are reduced to 50% of the original. The initial half-life is 24 hours, after which the duration doubles. 9.09% will go to the developer's address for further partnership. Combustion commission from 0% to 4.5% will be charged on each deposit on farms and 4% commission for burning in pools. The developers encourage contributors to use LP tokens for mining in order to receive high APYs, and also provide a single currency collateral option for miners, seeking stable profits.

Social media and more

At the moment, White Paper and RoadMap are not available on the site. Instead, the developers provide a document, describing the specifics of the project. Also, there is a blog on the Medium platform, where platform news is published.

If you want to stay up to date with all innovations, subscribe to the community on these social networks:

  • twitter;
  • telegram.

Support team development and communicate with other members. The smart contract has not been audited.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.