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Farmhub

Total Users
0
Rewards
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Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$242
Category
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Blockchain
Bnb-chain
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News

XRP Reclaims 110 Level Amid Broader Crypto Strength

XRP Reclaims 110 Level Amid Broader Crypto Strength

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XRP surged 11% intraday to reclaim the 110 level, signaling a short-term win for bulls after weeks of volatile trading.
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Elias Mukuru

Ripple CEO Highlights Growing Crypto Ownership Among Americans

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Ripple CEO Brad Garlinghouse highlights that 67 million Americans now hold cryptocurrency, indicating a shift from fringe to mainstream adoption.
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Elias Mukuru

Wyoming Stable Token Commission Moves FRNT to Chainlink CCIP

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The Wyoming Stable Token Commission has announced the migration of the Frontier Stable Token (FRNT) infrastructure from LayerZero to Chainlink CCIP.
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Diego Alvarez

What is Farmhub?

Farmhub aims to innovate in the DeFi space. It consists of three yield-farms, that are inter-connected, and although this is already unprecedented, it’s just part one of our innovation since it doesn't add much value to the already established concept.

Traditionally, every Binance Smart Chain (BSC) yield farm has a native token 'spawn-rate'. This means that a certain number of native tokens is created every block (3 seconds). This creates a large issue: inflation. This causes the value of each token to constantly decrease, unless the number of investors in a given project keeps growing, which is not indefinitely sustainable.

Part two of our innovation is combating inflation with a brand-new, original time-limited staking contract.  Eagle Farm is the first attempt to implement this contract. When staking on Eagle Farm, users can only earn rewards for 21 hours, and a large portion of the tokens they stake for the duration are burned or deposited into an Eagle's Nest. You cannot obtain EAGLE tokens by any means other than staking (feeding the eagle) TOAD, MOUSE, SNEK, COBRA, or BUSD.

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