BiFARMS has announced the launch of an all in one decentralized finance yield optimizer platform that focuses on providing high yields on crypto assets. BiFARMS aims to simplify this process by creating an intuitive and streamlined process for users to earn rewarding high but modest APRs in the easiest and safest way while ensuring sustainable development within the BiFARMS platform across multiple agricultural ecosystems.
According to the research, at the time of writing, the Decentralized Finance (DeFi) crypto market cap is estimated at $122.40B. Statistically, it is clear that the DeFi sector is gaining a lot of traction as it continues to provide decentralized financial services with high yields to crypto investors.
The emergence of DeFi has not only provided crypto enthusiasts with a new way of investing and managing money, but has also given them complete control over their finances thereby eliminating middlemen from the system. With peer-to-peer relationships and self-executing “smart contracts” on a blockchain network, DeFi democratizes finance and replaces traditional centralized institutions such as banks, brokerages, and more.
Decentralized finance leverages decentralized networks to transform older financial products into trustworthy and transparent protocols that run without intermediaries. DeFi projects on the blockchain network provide easy and affordable access to financial services ranging from banking, loans and mortgages to asset trading. There are also decentralized yield optimizer platforms that allow users to earn compound interest on their crypto holdings. They are an on-chain asset management protocol that leverages data analysis and optimization techniques to automatically combine rewards to earn the highest compound interest rate. One of such unique DeFi yield optimizer projects is BiFARMS.
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The Vault-linked investment strategy of the platform will automatically increase the deposited token amount by adding arbitrarily yielding farm reward tokens to the user’s initially deposited assets. Users can un-stake the deposited digital assets from the vault at any time and can also withdraw the generated assets at their convenience.
Revolutionizing the DeFi Space
BiFARMS includes a wide range of unique solutions such as decentralized exchanges, multi-chain yield optimizers, pools providing liquidity, yield-farming protocols, staking programs, and all in one tier-less launchpad.
BiFARMS is a decentralized exchange that connects users to trade cryptocurrencies in peer-to-peer marketplaces. This enables users to swap their tokens with low token transaction fees, and users remain in control of their private keys when transacting on the DEX platform.
By using the BiFARMS Multi-Chain Liquidity Protocol, users are allowed to swap different tokens on all networks, thus addressing the issues of liquidity fragmentation and poor user experience for DeFi and web3. It also provides liquidity to exchanges, loans and other DEFI applications. Transaction fees are distributed proportionately to all liquidity providers in the pool, so the more crypto asset users the more fees they earn.
The Multi-Chain Yield Optimizer enables users to achieve higher yields on their crypto holdings while removing the costs and inconveniences of daily harvests. By applying data analysis, automation and optimization methods, yield optimizers are able to help users earn the highest compound interest rates.
Users can take advantage of DeFi yield farming of stable coins and other crypto assets on BiFARMS to increase their crypto income with their assets. Through staking programs, the decentralized ecosystem offers users the opportunity to work their crypto and earn rewards on it. When users bet crypto, they are selected to validate the transaction, and in return, they receive those crypto rewards.
BiFARMS is a decentralized tier-less launchpad Which works on first come first serve system. IDO Launchpad will help to engage and empower new crypto projects by raising funds for investors and ensuring authenticity. Launchpad also provides investors with a good list of all the credible crypto projects to be launched.
Led by Rohit Dewan, CEO of BiFARMS, the All-in-One DeFi Yield Optimizer project includes a team with a broad background in crypto and finance, directly inspired by the yield optimization projects already in place on the Ethereum network. This team of developers intends to nurture the long-lasting DeFi ecosystem and make it easy for everyone to participate in it. The BiFARMS network is also actively encouraging developers to participate and engage in project development to make BiFARMS an even better product.
What makes BiFARMS different from existing yield optimizers?
Unlike traditional yield optimizers, BiFARMS largely distributes revenue back to those who stake the native utility token – $BFS. $BFS tokens are ‘dividend-qualified’ revenue shares in BiFARMS, through which holders earn profits generated by the BiFARMS network and are given the right to vote on key platform decisions. Platform revenue is generated from a small percentage of all Vault profits and is distributed to those who hold a stake in $BFS. Token holders can staking $BFM to earn more $BFS either in BFS Vault, or in native staking $ETH, $BNB, $matic, $avax, $FTM, $HT, $CELO, $ONE , or earn $MOVR. rythm
What’s more, the project features expert smart contract developers and financial advisors who carefully test and review the platform’s vaults, investment strategies, new platforms, and smart contracts before releasing them to the public.
BiFARMS is flexible and works on more than one blockchain including BSC, HECO and Avalanche. Through this expansion, the unique project will explore new ways to optimize automation to secure the highest yields available. Furthermore, by making the source code widely available for public testing, investigation and experimentation, all kinds of bugs will be rapidly detected within the BiFARMS ecosystem.
BiFARMS offers unique strategies that are not present in other yield optimizers. This includes liquidity pool pairs that are only available on the BiFARMS platform.
BiFarms is a decentralized, multi-chain yield optimizer with a focus on high yields on crypto holdings. All in one tearless launchpad. The best part is that the BiFarms BFM presale is happening right now.