DEFIFARMS TOKENOMICS IS OUT NOW!

The tokenomics for DeFiFarms have just dropped! If you have enquired many times about our token distribution or the breakdown of our transfer tax, read this post carefully.

Transfer Tax

Every transfer made with DEFIY must incur an 8% transfer tax, which breaks down as the following:

• 6% Transfer Tax becomes a part of DeFiFarms Liquidity Pool. 5,5% of which are being sent directly to the Liquidity Pools. 0,4% returns to Liquidity Pools in form of a fee reward for our Liquidity Providers. A smaller percentage of 0,1% plays a role as a reward for each successful transaction via friend reference.
• The other 2% transfer tax will be burned immediately to restrict the value and number of tokens.

Token Details

Just like any other DEXs, DeFiFarms has our own token with details below:

• Token Name: DeFiFarms Non-Fungible Yearn

• Chain: Binance Smart Chain (BEP20)

• Token Symbol: DEFIY

• Max Supply: 100,000,000

• Contract Address: To Be Announced

The total token supply is expected to release slowly over time. The distribution timeframe should be available to the public once we have confirmed the amount for each period and release date.

A brief understanding of our Transfer Tax and Token Details will give you the necessary information for further research about DeFiFarms before any investments are made. To keep you up to date, please find us at the following social media channels:

Website: https://defifarms.org/

Telegram: https://t.me/DeFiFarmsNFT

Twitter: https://twitter.com/DeFiFarmsNFTs

Medium: https://medium.com/@DeFiFarmsNFTs

Github: https://github.com/defifarms