LONDON, UK / ACCESSWIRE / October 10, 2022 / The latest project from the development team that has brought us Drip Network, the most powerful DeFi platform of 2021, Animal Farm aims to fully launch this October 18th and is the first and only protocol for decentralized ownership lending and yield aggregation in the DeFi space. However, ($AFP) their governance token on BSC can now be pre-purchased before the platform goes live, giving a massive advantage to those who take advantage of this opportunity.
With the mass success of Drip Network, the development team saw the need and viability for another transformative project in the form of animal farm. This project came about because the team saw a lack of high-quality, trusted, and decentralized yield aggregation and lending models in the crypto space, while at the same time seeing an increased demand for liquidity providers in the decentralized market.
Animal Farm enters the industry to provide users with a transparent platform to effortlessly provide liquidity to decentralized liquidity pools and lend capital to leading decentralized exchanges for low-risk passive cash flow and earning income. The official Animal Farm Governance Token ($AFP) is the first of its kind and allows players to secure ownership of the platform themselves and have an overview of all fees and taxes charged related to the platform’s products. It also gives ($AFP) stakers ownership of the platform in the form of a governance voting model that gives stakers a vote on the platform’s future roadmap decisions.
A number of points stand out that make Animal Farm an attractive investment opportunity compared to its competitors, the first being its fully decentralized credit system that does not rely on algorithmic stablecoins or high risk. The decentralized Dynamic Supply Control algorithm on Animal Farm adjusts the supply of native platform tokens within a sustainable range based on current demand for the assets and avoids blind awarding of rewards. This supply control reliably restricts supply during periods of low demand and even allows native tokens to become deflationary. Additionally, it is the only revenue aggregation platform where users earn BUSD and BNB dividends without ever having to sell Animal Farm’s native tokens, unlike other revenue generating platforms that require you to sell the platform tokens to generate profit to secure, leading to their quickly depleted value.
Animal Farm does this by taking a percentage of all collateral on the platform and lending that collateral to Pancake Swap, the #1 decentralized exchange, through a low-risk, fully trustless lending model, earning up to 40% in additional returns each year BUSD, a Binance-backed stablecoin that stays at the value of USD, paid out to governance token ($AFP) stakers.
Additional cash flows are generated through a unique vesting model that does not lock users’ native tokens, but instead uses a variable tax model that creates an incentive structure that rewards those who lock in profits in the form of BUSD and BNB dividends, instead of selling the platform’s native tokens. This incentive model already has tens of millions of dollars worth of BUSD and BNB dividends in the platform’s decentralized treasury, ready to pay out dividends at launch on October 18.
“Our mission at Animal Farm is to give back to our loyal community with a vision to make traditional financial tools (typically made available to the wealthy) available to all thanks to our decentralized protocols. With our primary focus on lending and yield aggregation, we are the first truly decentralized platform of its kind, returning taxes that would normally go to admins – and back into the hands of our users That’s why we’re proud to say that our users are both in Both BUSD and BNB can earn a high dividend without having to sell their native assets. We’re also proud to introduce our loyalty model, which looks at how users spend their reward tokens – and gives them a variable tac on their transactions relative to their loyalty score, ultimately redirecting cash flows to users. With this in mind, we have no doubt that investors will see a fruitful return on their investments with the $AFP token. We’re excited to embark on this journey and can’t wait to show our loyal community what we have in store!” – Said X, CEO of Animal Farm.
With the eagerly awaited preparation for their full launch in October, Animal Farm is running a promotion where participants have a chance to win $5,000. Through a series of simple tasks (e.g. following social media pages, liking tweets, etc.), a widget on the animal farm’s landing page allows users to track their progress to maximize their chances of winning.
About Animal Farm
With the innovative incentive structure, groundbreaking supply control mechanism, comprehensive roadmap, responsive referral program, sleek user interface, and innovative revenue-generating system that works in all market conditions, Animal Farm is poised to become one of the leaders in the DeFi world and their native tokens are designed to be the best performing revenue generating assets ever created.
To learn more about Animal Farm, how to buy $AFP now and prepare for the full launch on October 18visit the official website and social networks (Telegram, Twitter, Discord, Youtube)
Media Details:
Company Name: Animal Farm
Contact person: Layal Elbilly
Post: [email protected]
Website: https://animalfarm.app/
City and Country: London, United Kingdom
SOURCE: animal farm
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