Dexfolio Farming Unveil
We wanted to write an article purely about DEXF Farming in preparation for its release in 10 hours (July 25, 16:00 UTC)!
We set forth to make the best farming platform there is. Here are the most notable features:
- One-click staking
- Innovative lock system
- Adjustable with governance
- Modern design and mobile friendly
On the staking page users can choose to deposit either DEXF-BNB LP tokens or one of 4 popular assets: BNB, DEXF, BUSD, or ETH.
If you deposit one of the four single assets, our contract will automatically purchase and then deposit DEXF-BNB LP tokens!
This feature makes it super convenient to stake DEXF!
Note: Remember, even if you deposit a single asset, you are always staking DEXF-BNB LP tokens
Innovative lock system
Dexfolio farming encourages longer lock periods that lead to more long-term holdings.
The longer you set your lock length, the higher multiplier that will be attached to your stake! Users can stake between 4 and 104 weeks, which would provide 1x and 3x multipliers respectively.
This way you can massively increase your APY by setting a longer stake!
In addition, you keep receiving rewards with that multiplier after the stake period ends forever, as long as you don’t unstake it!
Adjustable with governance
Currently 0.1% of the remaining staking wallet is distributed to stakers each day! Since we only distribute a percentage of the remaining wallet, the rewards will never run out.
This % is adjustable by governance which means if the community wants, they can increase or decrease the staking rewards each day!
Modern design and mobile friendly
We made the staking dApp intuitive, clean, and mobile friendly. We put a big focus on design since it’s the core of our brand.
We also developed the dApp to work on mobile and desktops!