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Farmhub

Total Users
0
Rewards
chest
chest
chest
chest
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
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Blockchain
Bnb-chain
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News

Kraken Introduces SFI Trading on October 23

On October 23, Kraken announced the addition of SFI trading, providing fresh access to a token associated with the Saffron protocol, which has undergone significant changes since its early DeFi days.
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Ayman Ben Youssef

Kraken Exchange Announces Withdrawal Phase for 13 Assets

Kraken has officially moved into the withdrawal phase for 13 assets, with trading and deposits set to stop on October 23, 2023. Customers are urged to withdraw their remaining tokens before the exchange begins liquidating balances.
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Tando Nkube

Cardano's Leios Scaling Plan Unveiled

Cardano has unveiled a detailed roadmap for its Leios scaling plan, targeting significant increases in transaction capacity with a staged approach for adjustments based on real-world performance.
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Kofi Adjeman

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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