Tokensfarm Defi Coins Review – A Detailed Review About Tokensfarm

Tokensfarm Defi Coins Review - A Detailed Review About Tokensfarm

About Tokensfarm

TokensFarm is a cross-chain farm-as-a-service platform that utilizes the most up-to-date farming protocol code. Boost the token’s performance with no effort & no code required. They creates & hosts farming programs for a variety of projects that trust its advanced, secure audited smart contracts. They helps investors, project owners & regular token holders to profit off their crypto assets. They are also giving the option to cross over blockchains with ChainPort.io product.

TokensFarm Defi is a platform for creating and hosting farming programs for a variety of crypto tokens. These Farms are looking to engage their communities, and provide secure off-the-shelf smart-contracts! As well as great design, easy use, compatible with the most popular wallets, and high trusted security.,[object Object], Currently we have 2 farm types: staking token farm, and LP farm that is rewarding users for adding liquidity in decentralized exchanges pairs.,[object Object], All the TokensFarm contracts have been audited by ,[object Object], and ,[object Object],.

Quick Fact About TokensFarm

Coin BasicInformation
DEFI Coin Name TokensFarm
Total Value$36.64M
Circulating SupplyN/A
Token symbolTFM
Source CodeClick Here To View Source Code
ExplorersClick Here To Visit
Twitter Group Click Here To Visit Telegram Group
DocumentationClick Here To View
Official Project Website Click Here To Visit Project Website

What is a crypto farm (yield farming)

Yield farming is the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency. This innovative yet risky and volatile application of decentralized finance (DeFi), but skyrocketed in popularity recently thanks to further innovations like liquidity mining. Yield farming is currently the biggest growth driver of the still-nascent DeFi sector.

Rewards

Rewards are deposited by the token issuer as part of their marketing, and incentive initiatives. Crypto tokens usually have a limited supply, therefore, the biggest rewards will be given in the early stages of any project.

A dynamic APY is a functionality that automatically adjusts the APY value for the active period as follows: reward per block/ number of tokens staked for that block * number of blocks in 1 full year = APY,[object Object], Where Reward per block = program’s reward total / total number of blocks in the program,[object Object], Dynamic APY goes up when users leave and down when they join the farm.

Blockchain Supported

Currently they support all the Ethereum virtual machine compatible blockchains such as BNB Chain, Polygon, Avalanche, Moon River, Hecko, Fantom, OkEx chain and more.

Security Protocol

TokensFarm is using the highest security standards in the crypto space, and all the TokensFarm smart contracts have been audited, most of them by at least two auditors. Audit reports can be found in the website footer. Despite the above, before using this site, please do your own research on how staking Farms and smart contracts work. Make sure that you understand the risks and read terms and review the audits. Don’t risk more than you can lose! Tokensfarm has no part in the management of the tokens are presented on the website, and they are under the responsibility of the companies that issued them.

SECURITY AND CONFIDENTIALITY

TokensFarm is committed to protecting your privacy. Internally, only people who need to know Personal Information, or whose duties reasonably require access to it, are granted access to users’ Personal Information. Such individuals will only process your Personal Information on our instructions and are subject to a duty of confidentiality

The Site’s systems and data are reviewed periodically to ensure that you are getting a quality service and that leading security features are in place. We have put in place procedures to deal with any actual or suspected data breach and will notify you and any applicable regulator of a breach where we are legally required to do so

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