FlameDeFi will include decentralized exchanges and liquidity pools as well as SpaceFarm. Flame DEX development will begin immediately after the launch of SpaceFarm. Liquidity providers will be able to receive rewards from the Tezos coin defi platform, as well as a portion of the exchange fees.
Contents:
About the FlameDeFi project
On the farm, everyone will be able to earn money by farming $ FLAME tokens, tokens of other projects, as well as LP liquidity tokens, received on Quipuswap. In the future, after the launch of its own Flame Dex, it will be possible to stake FlameLP liquidity tokens.
FlameDEX charges a fee of 0.3% on every transaction. Of this, 0.25% goes directly to active liquidity providers, and the remaining 0.05% is converted back to $ FLAME (via FlameDEX). Of the remaining 0.05% - 90% will be burned and the remaining 10% will be converted to $ fDAO (via FlameDEX) and distributed to FlameDEX members who contribute their $ FLAME and LP tokens to the locked bet.
Some features of this defi app:
| 1 | With the launch of FlameDEX and the development of DeFi on Tezos, trading fees will increase significantly, which will help to burn more $ FLAME tokens and create a deflationary effect. |
| 2 | Over time, the total supply of $ FLAME tokens will decrease, which will contribute to higher prices. |
For marketing purposes, the team has developed a referral program for Presale members. Submit your referral link and if someone buys $ FLAME tokens from this link, you will earn 5% in $ FLAME tokens. You can earn $ FLAME tokens on SpaceFarm by placing $ FLAME, tokens from other projects, and LP liquidity tokens.
Additional information about dapp exchange
At the moment, White Paper and RoadMap are not available on the site. The developers only provide the Medium blog. News articles will be published there.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
The smart contract doesn't have an audit.