Animal Farm plans to provide a decentralized yield aggregation model with sustainability in mind.
DeFi is gaining popularity in the crypto space. Financial services offered on public blockchains are referred to as DeFi (or “decentralized finance”).
Most banking services are powered by DeFi, including earning interest, borrowing money, lending money, buying insurance, trading derivatives, trading assets, and more.
Yield farming has grown in popularity since its inception in 2020. It allows high yield farmers to get a fixed APY. However, several platforms make big profits in the form of high fees from their users. This limits the potential for users to earn more.
Let’s take a look at Animal Farm, decentralized lending and the yield-aggregating DeFi protocol.
Animal farm in brief
animal farm is a protocol for decentralized ownership and revenue aggregation. This DeFi protocol stands out from the competition because of its mechanics.
The platform offers decentralized lending without relying on algorithmic stablecoins or high-risk models. Animal Farm takes full advantage of you decentralized dynamic supply control algorithm. This allows the platform to adjust yield with confidence within a sustainable range with a focus on optimal performance. As a result, domestic assets can even become deflationary during low-demand cycles.
“Our vision is to make traditional financial tools, typically reserved for the super-rich, accessible to everyone, using decentralized protocols not constrained by the gatekeeping of centralized institutions.”
Forex_shark, main developer of Animal Farm.
What makes Animal Farm unique?
Their aim is to make traditional financial instruments, which are usually only accessible to the very wealthy, accessible to everyone. Make all his solutions Use of trustless modelsgiving customers full control over their finances.
Animal Farm’s core product is Lending and Yield Aggregation, but unlike other platforms, it’s the only one that truly supports true decentralized ownership. Here are some of the key features that set Animal Farm apart.
Fully decentralized lending
Animal Farm has a full decentralized lending protocol. It minimizes high risk by not relying on algorithmic stablecoins. Instead, Animal Farm uses collateralized TVL to lend to PancakeSwap. Pancakeswap then uses this collateral to fill order books for trading and perform other profitable tasks.
This is one of the many cash flows Animal Farm uses to create low-risk earnings aggregation that is paid in the form of a BUSD dividend. Unlike other platforms, Animal Farm’s revenue comes from real for-profit utilities.
Dynamic supply control
A fully decentralized dynamic supply control mechanism is used in Animal Farm to keep the yield in a sustainable range. Demand for the underlying assets determines how issuance is rewarded and regulated.
Animal Farm recognizes that market demand is cyclical. When demand is low, emissions adjust, constraining supply and bolstering current demand to achieve optimal performance for the Animal Farm Tokens (AFD & AFP). This enables AFD and AFP to act at their best prices in all market situations. This sets it apart from other platforms that blindly inflate their supply to give out rewards.
Full governance model
The platform’s full governance model allows investors to be part of owning the platform and not just the tokens. This also allows investors to vote on key decisions, including roadmap proposals. It also allows investors to secure themselves Dividends like BNB and BUSD generated by platform fees.
reward loyalty
One of Animal Farm’s great features is that it has a unique loyalty system for investors. It adjusts the tax related to the income earned depending on the loyalty of the individual to the platform. Basically, this works because when investors take actions that are beneficial to themselves and the network, their loyalty value increases and their tax rate on transactions with AFD decreases.
Users can earn loyalty points by using DOGS (AFD) on the platform. This establishes a reward system for backers with all the benefits of vesting without locking the tokens or introducing the additional negative externalities that come with vesting such as: B. Predictable activation periods that bring additional tokens into circulation.
PigPen and kennels
Animal Farm has two types of native tokens. Holding these tokens offers various benefits to users. Both tokens have unique tokenomics and offer users multiple benefits for those looking to get the most out of the platform.
pigsty
pigsty, Animal Farm governance staking pool, allows AFP holders to acquire part ownership of the platform. It aims to offer investors the largest BUSD dividend available. It pays players a BUSD dividend made up of 30% of revenue from its Rehypthecation security lending strategy, 75% of all platform deposit/withdrawal fees, and 1/3 of all taxes paid on AFD transactions.
It allows users to vote on specific ideas for major platform roadmap and crowdfunding decisions. AFP invested in PigPen also receives PIGS earned through Piggy Bank fees.
dog pound
The dog pound is The Animal Farm Loyalty Program. It allows investors to receive a high-yielding BNB dividend while reducing the transaction tax on their AFD by at least 0.75% to 1% daily. AFD has a variable tax that serves as a form of vesting. Rather than freeze users’ assets, Animal Farm redistributes the value of users doing AFD with low loyalty scores to users in the DogPound.
Incentivizing users to withdraw AFD tokens to earn a BNB dividend and grow their asset holdings, rather than risking their assets through speculative trading for short-term, risky gains. Dog Pound Stakers receive 2/3 of all taxes levied on AFD transactions in exchange for BNB.
Because of the unique incentive structure and the real-world, profitable benefit that Animal Farm provides through its collateral origination, it is the only platform where investors can lock in profits in the form of a high-yielding BNB and BUSD dividend without ever AFD or AFD their native assets to have to sell AFP.
In all market conditions, one class makes a consistent profit and that is the owners of innovative platforms; Animal Farm is the only platform that offers this added value to its participants.
timetable
Animal Farm cooks up developments with Drip Garden and outlines future plans.
- Mid-October 2022 – Introducing Animal Farm, introducing Dog Pound and Dogs Roulette
- Mid-November 2022 – DOGS of Fortune game launch, new DRIP UI
- Mid December 2022 – Partnership Vaults, Scratchy integration
- 2022-2023 – Plans to introduce TradFi tools, personal lending and insurance
Conclusion
The Animal Farm team is attempting to create a platform that will allow its user base to lock in profits in the form of a BNB and BUSD dividend created by participating in decentralized profit-generating services, while providing revenue and price performance through implementation innovative incentives are maximized structures.
Animal Farm aims to be a leader in the DeFi industry with a comprehensive roadmap. It includes already created products and an inventive revenue-generating method that works in all market situations.
frequently asked Questions
Unlike other DeFi projects, Animal Farm is fully decentralized lending, dynamic supply control, variable taxes, rewarding loyalty to eliminate selling pressure, and a governance model with: voting, profit-sharing, and crowdfunding.
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