RakeFarm Vaults — an optimizer platform, focused on providing DeFi users, with automatically calculated yields at empirical optimal intervals, while combining gas costs through battle-tested smart contract code and best-in-class strategies. Rakefarm uses a patented dynamic farvest optimizer to deliver the highest APYs in storage.
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About the RAKEFARM project
In the crypto space, especially in the decentralized finance (DeFi) space, users need to understand the risks of projects and smart contracts before getting started with DeFi. Common DeFi risks include a wide range of risks such as intermittent loss to fraudulent risks such as wallet leakage, private key theft, etc. Hence, DeFi users need to be careful and learn constantly.
Some features:
| 1 | RAKE farm — a hyper-optimizing platform for growing crops in the bR34P ecosystem. |
| 2 | All pools, associated with the RAKE farm, are beneficial for providing liquidity only as a commission to the liquidity provider. |
RAKE — a reward token with a maximum supply of 80,000, and % of all rewards from the optimizer's vaults help to buy out RAKEs on pancake exchanges and burn them, permanently removing RAKE from circulation, making RAKE a deflationary reward token. Removing these RAKE tokens directly from the pool compensates for the vendor pressure that is usually associated with farm reward tokens.
What else should you know?
To ensure a fair distribution of $ RAKE, only vault users will be able to mine $ RAKE tokens in addition to revenue from auto-generated vaults. The storage fees (1.5-3.0%) of the vault users' profits help to carry out the market buyback and that $ RAKE is permanently burned. 88% are available for the Vault Token Mining Program. 12% are dedicated to the team to drive sustainable and rapid innovation.
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