TokensFarm’s Products and Features Explained
What is TokensFarm?
Established in 2021 by DcentraLab, TokensFarm stands as an innovator in the DeFi landscape, offering Farms-as-a-Service that are both versatile and accessible.
TokensFarm is blockchain agnostic, supporting nearly all EVM chains and DEXs. This cross-chain compatibility ensures that projects can reach a broader audience and tap into diverse liquidity pools across various blockchain ecosystems.
TokensFarm's easy-to-use interface means that projects don't need coding expertise to launch farms. This simplicity is a game-changer, lowering entry barriers for projects looking to participate in DeFi.
This article explores the suite of farms and contracts provided by TokensFarm, designed to empower projects with a quick and efficient solution.
Staking Farms and Their Benefits
Staking farms on TokensFarm aren't just about locking assets; they're a strategic move that brings a plethora of benefits.
Staking farms incentivize loyal community members for hodling their tokens. This loyalty reward system strengthens community bonds and encourages long-term commitment.
By staking and locking tokens, projects effectively reduce the circulating supply. This deliberate reduction in available tokens curtails sell pressure, contributing to more stable tokenomics and fostering investor confidence.
Lastly, staking farms inject a DeFi angle into Web3 projects, making them more appealing to traders. The allure of earning rewards while participating in the DeFi ecosystem heightens a project's attractiveness and engagement.
Staking Farms
Staking farms incentivize a token’s community by encouraging the locking of tokens within a customizable dynamic APY contract. The project's team holds the authority to tailor various aspects of the contract. These aspects include its duration, reward amount, rate, cool-down and warm-up functionalities, design, and other distinctive features before deploying it.
Perpetual Staking Farms
Perpetual staking farms are similar to regular staking farms but operate without a predetermined end date. Instead, perpetual staking farms are organized into epochs, each set by the project to provide flexibility and adaptability. This design empowers projects to systematically adjust farm settings in each period, allowing for nuanced customization of parameters like the number of token rewards.
LP Farms and Their Benefits
LP staking farms at TokensFarm work in harmony with liquidity providers on major DEXs. By rewarding users for staking LP tokens, TokensFarm incentivizes deeper liquidity, translating to increased trading volumes for associated tokens.
TokensFarm supports all major DEXs, including Uniswap, SushiSwap, Quickswap, PancakeSwap, Apeswap, Bakeryswap, Spookyswap, and Pangolin. The additional rewards act as a powerful catalyst, attracting and retaining liquidity providers and contributing to a token’s overall vibrancy
V2 LP Farms
TokensFarm introduces V2 LP farms, tailored for DEXs like Uniswap V2 and PancakeSwap V2. These LP farms empower Web3 projects to reward liquidity providers, offering a dynamic APY contract. Fully customizable, the contract parameters, including duration, reward amount, rate, cool-down and warm-up functionalities, design, and other features, are decided by the project's team before deployment.
Perpetual V2 LP Farms
Like perpetual staking farms, perpetual LP farms are organized into epochs, each set by the project to provide flexibility and adaptability. By systematically adjusting farm settings each period, projects can finely customize parameters like the number of token rewards.
Perpetual V2 staking farms are designed for liquidity providers on DEXs like Uniswap V2 and PancakeSwap V2.
V3 LP Farms
TokensFarm's V3 Perpetual LP Farms are designed for cutting-edge DEXs like Uniswap V3 and PancakeSwap V3. Uniswap V3 and others allow for custom price ranges when providing liquidity, increasing their efficiency and lowering the risk of impermanent loss. these perpetual farms redefine the LP experience.
TokensFarm SDK
The TokensFarm SDK introduces smooth integration for Web3 projects, enabling direct embedding of TokensFarm's farms and contracts onto their web pages. This user-friendly functionality provides easy access for communities and token holders.
The SDK empowers projects to effortlessly incorporate TokensFarm's dynamic staking farms, LP farms, and multi-chain vesting contracts into their platforms. TokensFarm’s SDK fosters engagement and expands the DeFi experience for its users by simplifying the integration process.
Multi-Chain Vesting Contracts
TokensFarm introduced "Multi-Chain Vesting Contracts" a pivotal feature ensuring the equitable distribution of tokens to a crypto project's team and early investors. Additionally, TokensFarm introduces "Partially Funded Vesting Contracts," enabling projects to place a portion of vesting rewards in a contract, with the flexibility to contribute more during the vesting period. This innovative contract secures tokens in a transparent, tamper-proof smart contract, offering three distinct release methods:
Ongoing or Linear Release
Tokens are distributed continuously, block by block, allowing users to claim them conveniently.
Custom Release
Tokens are distributed in pre-defined batches, with the project determining release times. Users claim tokens according to the set schedule.
Airdrop Release
Tokens are distributed once, following the project's specified date, time, number of rewards, and eligible addresses.
Conclusion
TokensFarm stands as a powerful resource for Web3 projects, offering a tailored farm or contract to enhance performance and elevate tokenomics. Whether it's dynamic staking farms, liquidity pools, or multi-chain vesting contracts, TokensFarm provides the tools to optimize any project's DeFi journey, fostering sustained growth, community engagement, and transparency.
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Updated on: 31/12/2023
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