The BiFarms network will introduce the decentralized multichain yield optimization platform and the animalless Launchpad ecosystem

BiFARMS will launch a decentralized, multi-chain yield optimization platform that will enable its users to earn compound interest on their crypto holdings. Through a series of investment strategies secured and enforced through smart contracts, the BiFARMS network automatically increases user rewards from various liquidity pools (LPs),‌ ‌automated market-making projects‌ and ‌other yield farming opportunities in the DeFi ecosystem.

Decentralized finance, also known as DeFi, is a financial system that uses cryptocurrency and blockchain technology to manage financial transactions. DeFi aims to democratize finance by disrupting centralized institutions with peer-to-peer relationships in a completely global, permissionless, and transparent manner.

Over the years, almost every aspect of commercial banking, lending, lending, and commerce has been managed by centralized systems run by government officials and gatekeepers. Regular consumers go through the hassles of financial intermediaries to access financial services ranging from auto loans and mortgages to trading in stocks and bonds.

DeFi, on the other hand, challenges this centralized financial system by eliminating the need for middlemen and gatekeepers and empowering everyday people through peer-to-peer exchanges. DeFi intends to democratize finance by replacing old, centralized institutions with peer-to-peer relationships that can offer financial services, from banking, lending, and mortgages to asset trading.

Likewise, decentralized finance enables borrowing and lending of money on a large scale between unknown participants without intermediaries. These applications automatically set interest rates based on supply and demand. It is powered by decentralized apps (DApps) or other programs called “protocols”. At the time of writing, the total value (TVL) in decentralized finance (DeFi) protocols is approximately $196.6 billion, while smart contract protocol tokens are worth more than $500 billion.

DeFi protocols already offer complex financial product trading and asset management similar to those currently offered by commercial banks. Additionally, the increasing development of borrowing and lending protocols has fueled the demand for DeFi applications. These DApps are not subject to the respective rules and regulations of the regional economy, increasing their potential rewards.

DeFi yield optimizer project

BiFARMS is a decentralized yield optimization platform that allows users to earn compound interest on their crypto assets. BiFARMS proposes a simplified method for users to earn high returns on their crypto assets in a safe and decentralized way. The groundbreaking project consists of an ambitious and highly experienced team with a finance background, directly inspired by the yield optimization projects developed on the Ethereum network.

The main product of the BiFARMS network are the “vaults” where users stake their crypto tokens to maximize their wealth. The investment strategy associated with each vault automatically increases the deposited token amount by adding random yield farm reward tokens back into their original deposited assets. What makes this vault interesting is that users can remove stored digital assets from the vault at any time. The BiFARMS network allows users to withdraw rewards generated through the platform at any time. This allows users to have full and complete control over their crypto assets in the BiFARMS ecosystem.

Meanwhile, BiFarm offers a wide range of unique solutions, such as:

• Decentralized exchange: BiFarm is a decentralized exchange that connects users to buy and sell cryptocurrencies on a peer-to-peer marketplace. It allows users to exchange their tokens with minimal possible token transaction fees and users retain control of their private key when transacting on a DEX platform.

BiFARMS multi-chain liquidity protocol allows users to exchange any tokens across all networks, solving the problems of liquidity fragmentation and poor user experience for DeFi and Web3.

• Multichain Yield Optimizer: BiFARMS is a multi-chain yield optimizer that enables users to generate high yields from their crypto assets while eliminating the cost and hassle of daily harvesting. By using data analysis, automation and optimization methods, yield optimizers are able to automatically calculate rewards on behalf of users at optimal intervals.
• Liquidity providing pool: BiFARMS provides a liquidity pool that can be used to provide liquidity for exchanges, lending and other DEFI applications. Liquidity providers earn fees for transactions on the BiFARMS DeFi platform. Transaction fees are shared proportionately with all liquidity providers in the pool. So, by staking more crypto assets, users earn more fees.
• Yield farming log: Users can enjoy the best DeFi yield farming of stablecoins and other crypto assets on BiFARMS to maximize their crypto earnings from their assets.
• Staking Programs: Through staking programs, the BiFARMS platform gives users the opportunity to stake their cryptos and earn rewards for doing so. When users wager crypto, they are selected to validate transactions and in return receive these crypto rewards.
• Tierless IDO Launchpad: BiFARMS is a decentralized, animalless launchpad that operates on a first-come, first-served basis. The IDO launchpad will help engage and empower upcoming crypto projects by raising funds and guaranteeing authenticity to investors.

By deploying BiFARMS on the Binance Smart Chain, the process of user adoption is greatly simplified as the BSC ecosystem has the potential to outperform the Ethereum network. After initially deploying on the Binance Smart Chain, BiFARMS later expanded to other blockchains such as HECO and Avalanche to explore new methods of optimizing automation to achieve the largest yields available.

BiFARMS aims to simplify the yield farming process by creating a seamless and streamlined process for users to deposit their wealth and earn a rewardingly high but modest APR in a safe, sustainable and robust manner within the BiFARMS Earning platform across multiple farming ecosystems.

$BFS tokens are “dividend-eligible” revenue shares in the BiFARMS network through which holders earn profits generated by the BiFARMS network and gain the right to vote on strategic platform decisions. For all vaults deployed on each blockchain, the BiFARMS network has its native governance token – $BFS – at its core. Platform revenue is generated from a small percentage of all vault profits and shared with those who wager $BFS. Users can stake $BFM to either earn more $BFS in a BFS vault, or $ETH, $BNB, $AVAX, $FTM, $MATIC, $HT, $ONE, $CELO, or $MOVR in native staking – Earn pools.

$BFS Tokenomics

Total Token Supply: 1,000,000 BFS
Initial market cap: $520,000
Start Round: 50,000 $BFS (5%) is reserved.
Public Round: $BFS 50,000 (5%) is reserved.
Private Round: $BFS 100,000 (10%) is reserved.
Liquidity & Yield Farming: $320,000 BFS (32%) is reserved.
Ecosystem: 160,000 $BFS (16%) is reserved.
Team: $180,000 BFS (18%) is reserved.
Partners & Advisors: $80,000 BFS (8%) is reserved.
Marketing: $BFS 60,000 (6%) is reserved.

About BiFARMS

BiFarms is a multi-chain decentralized yield optimizer focused on high yields on crypto assets. All in a Tierless Launchpad.

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