Farmhub logo

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
Category
- No data available.
Blockchain
Bnb-chain
Language
- No data available.
Official links
Social media

News

MEXC Concludes TOKEN2049 Singapore with Interactive Experiences

MEXC showcased its innovative trading solutions and industry discussions at TOKEN2049 Singapore, focusing on AI-powered trading and traditional finance.
user avatar

Jacob Williams

LBank Enhances Security Measures Amid Industry Challenges

LBank has launched the Crypto Resilience Initiative to enhance security and risk management in response to increasing threats in the crypto industry.
user avatar

Son Min-ho

LBank Marks 11th Anniversary with Over 30 Million Users

LBank is celebrating its 11th anniversary, having reached over 30 million registered users and a daily trading volume of 238.1 billion.
user avatar

Zainab Kamara

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.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.