• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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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

Binance Reports Major Drop in Shiba Inu Holdings

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Binance's latest Proof of Reserves report reveals a drastic decrease in Shiba Inu (SHIB) holdings, with a drop of 11 trillion tokens in one month.
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Lucas Weissmann

Binance Reinforces Transparency with Ongoing Proof of Reserves Reports

Binance Reinforces Transparency with Ongoing Proof of Reserves Reports

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Binance reinforces transparency by regularly publishing Proof of Reserves reports, allowing users to verify asset backing and assess platform solvency.
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Filippo Romano

Sonic Labs Faces Governance Challenges Following Board Resignations

Sonic Labs Faces Governance Challenges Following Board Resignations

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Sonic Labs is facing governance challenges following the resignations of key board members, with a focus on operational restructuring and the need for transparency from new leadership.
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Maya Lundqvist

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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