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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
Category
- No data available.
Blockchain
Bnb-chain
Language
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News

North Korea Dismisses FBI's Claims on Binance Hack

North Korea has dismissed allegations from the FBI regarding its involvement in a $63 billion cryptocurrency theft linked to Binance, calling it a political provocation.
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Kofi Adjeman

FBI Links Binance Hack to TraderTraitor Hacking Operation

The FBI has linked the Binance hack to a hacking operation known as TraderTraitor, associated with North Korea.
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Tando Nkube

Binance Announces Gradual Withdrawal Restart for Additional Tokens

On November 3, Binance announced a phased reopening of withdrawal routes for various tokens and networks following a security incident, allowing customers to progressively access their assets.
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Nguyen Van Long

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.