LONDON, UK / ACCESSWIRE / October 10, 2022 / The latest project from the development team who brought us Drip Network, 2021’s highest performing deFi platform, Animal Farm is looking to fully launch this October 18th, being the first and only decentralized ownership lending and yield aggregating protocol in the DeFi space. However ($AFP) their governance token on BSC can be bought now in presale before the platform goes live giving those who take advantage of this opportunity a massive advantage.
With the mass success of Drip Network, the development team saw the need and market fit for yet another transformative project in the form of Animal Farm. This project was born as a result of the team noticing a lack of quality, trustless, and decentralized yield aggregation and lending models in the crypto space, while simultaneously seeing an increased demand for liquidity providers in the decentralized market.
Animal Farm is stepping into the industry to provide users with a transparent platform to effortlessly provide liquidity to decentralized liquidity pools and lend capital to leading decentralized exchanges as a way of earning low risk passive cash flow and generating yield. Being the first of its kind, the official Animal Farm governance token ($AFP) allows stakers to secure an ownership of the platform itself, earning a show of all collected fees and taxes associated with the platform’s products. It also gives ($AFP) stakers ownership of the platform in the form of a governance voting model that gives stakers a vote on the platform’s future roadmap decisions.
A number of points stick out that makes Animal Farm an attractive investment opportunity in comparison to its competitors, with the first being its fully decentralized lending system, which does not rely on algorithmic stable coins or high risk exposure. The decentralized Dynamic Supply Control Algorithm on Animal Farm adjusts the supply of native platform tokens within a sustainable range, based on the current demand for the assets , avoiding blindly emitting awards. This supply control trustlessly restricts the supply in times of low demand, even allowing the native tokens to become deflationary. On top of this it’s the only yield aggregation platform where users earn BUSD and BNB dividends without ever needing to sell Animal Farm’s native tokens, unlike other yield generating platforms where you must sell the platform tokens to secure profit, which results in their rapidly depleted value.
Animal Farm does this by taking a percentage of all collateral on the platform, and through a low-risk, fully trustless lending model, lends this collateral to Pancake Swap the #1 decentralised exchange and earns up to 40% in additional yield every year which is paid out in BUSD, a stablecoin backed by Binance which stays at the value of USD, to governance token ($AFP) stakers.
Additional cash flows are generated by a unique vesting model which does not lock users’ native tokens but instead utilises a variable tax model that creates an incentive structure which rewards those who secure profit in the form of BUSD and BNB dividends over 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 decentralised treasury prepared to pay out dividends on the Oct. 18th launch.
“Our mission at Animal Farm is to give back to our loyal community, with a vision to make traditional finance tools (which are made accessible typically to the wealthy) available to all, thanks to our decentralized protocols. With our main focus being on lending and yield aggregation, we are the first truly decentralized platform of its kind, giving back taxes which would typically go to administrators – being reverted back into the hands of our users. We are always looking at ways to give back to our users, which is why we pride ourselves in that our users can earn a high dividend in both BUSD and BNB without having to sell their native asset. We are also proud to introduce our loyalty model, which looks at how users are spending their rewards tokens – further giving 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 in the $AFP token. We are excited to embark on this journey and cannot wait to show our loyal community what we have waiting in store!” – Said X, CEO of Animal Farm.
With the highly anticipated lead-up to their full launch in October, Animal Farm is leading a promotion, giving participants an opportunity to win $5,000. Through a series of simple tasks (such as following social media pages, liking tweets, etc.), a widget found on the Animal Farm landing page will allow users to track their progress to maximize their chances of winning.
With the innovative incentive structure, groundbreaking supply control mechanism, extensive roadmap, an appealing referral program, an elegant user interface, and an innovative yield-generating system that performs in all market conditions, Animal Farm is ready to become one of the leaders in the DeFi world and it’s native tokens are designed to be the highest performaring yield generating assets ever created.
To learn more about Animal Farm, how to purchase $AFP now, and prepare for the full launch on October 18th, visit the official website and socials (Telegram, Twitter, Discord, Youtube)
Media Details:
Company Name: Animal Farm
Contact Person: Layal Elbilly
Mail: layal@dverse.io
Website: https://animalfarm.app/
City and Country: London, United Kingdom
SOURCE: Animal Farm
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