Bitcoin Forum

Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: DeFireX.org on February 24, 2021, 10:47:26 AM



Title: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on February 24, 2021, 10:47:26 AM
WWW.DEFIREX.ORG (https://www.defirex.org/rs=bitcointalk_title)

https://i.imgur.com/i1qlRSC.gif (https://www.defirex.org/rs=bitcointalk_topic1)
https://i.imgur.com/NyJi11Z.gif (https://github.com/DeFireX)
https://i.imgur.com/zZTSzbS.gif (https://www.defirex.org/rs=bitcointalk_topic2)
https://i.imgur.com/WwO31l1.gif (https://defirex.medium.com/how-it-works-6db8679052ad)
https://i.imgur.com/iOVwp01.gif (https://www.defirex.org/rs=bitcointalk_topic4)
https://i.imgur.com/RWDFK9h.png (https://t.me/defirex_chat_en)https://i.imgur.com/Wjw7f0m.png (https://medium.com/@DeFireX)https://i.imgur.com/Mw34Yo3.png (https://defirex.org/account)https://i.imgur.com/5q2j3YL.png (https://www.youtube.com/channel/UCZJR5FU3M82k8wSrHqjvzPg/videos)https://i.imgur.com/vvsGK8V.png (https://defirex.org/faq)
https://i.imgur.com/hpwh2cz.png (https://discord.gg/eSFyrtfUWT)https://i.imgur.com/CSwm9ey.png (https://t.me/defirex)https://i.imgur.com/F5ZYH70.png (https://twitter.com/DeFireXorg)https://i.imgur.com/6zHWeHa.png (https://www.reddit.com/user/DeFireXorg)https://i.imgur.com/MEdxOWo.png (#post_##forum)https://i.imgur.com/cv8F84Z.png (https://www.youtube.com/channel/UCZJR5FU3M82k8wSrHqjvzPg)


DeFirex.org (https://DeFirex.org/rs=bitcointalk_title2) – works directly with Compound and offers profitable and reliable yield farming in DAI, USDC, ETH

In partnership with Binance Smart Chain, service implements a solution to the problem of high commissions of the Ethereum network

More information about the project can be found on social networks or on the official website www.defirex.org (https://DeFirex.org/rs=bitcointalk_title2)



Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: DeFireX.org on February 24, 2021, 10:48:44 AM
Verifed links about DeFireX

Official web-site (https://www.defirex.org/rs=bitcointalk_comments) | Security Audit Pessimistic (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) | github (https://github.com/DeFireX) | Etherscan balance (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd) | Compound balance (https://compound.finance/governance/address/0x0BCbAb2FeCC30B7341132B4Ebb36d352E035f1bD) | Token dDAI (https://etherscan.io/address/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) | DeFireX contract (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd)

Our advantages

⚡️ Almost zero commissions - we use Binance Smart Chain. ⚡️

⚡️ Highest% APY in Yield farming for ETH, USDC, DAI ⚡️

⚡️ We can calculate the LTV (Average Income) indicator. ⚡️

⚡️ Shared economy when paying for transactions on the Ethereum network ⚡️

⚡️ Autonomy of the DeFireX smart contract ⚡️

⚡️ Full control of users over their funds ⚡️


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: MrCrank on February 24, 2021, 01:08:58 PM
How is the profit generated? What is the yield farming model?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: DeFireX.org on February 24, 2021, 01:44:54 PM
How is the profit generated? What is the yield farming model?

The DeFireX Smart Contract is using flash loans on dYdX to quadruple the user's deposit inside the Compound which increases the rewards in COMP tokens. After that the COMP tokens are converted to DAI via Uniswap platform. All in all, the user is able to withdraw the accrued interest in DAI stablecoins.

We use the dYdX liquidity to perform the flashloans with leverage up to $ 35 million by paying a small commission to the service. We use Uniswap to get accrued income fixed in stablecoins.

By pooling liquidity in a single pool, profit is able to be withdrawn within one transaction on the DeFireX platform. This solution helps to save up on the commissions in the network.

We have detailed this in our Medium (https://defirex.medium.com/how-it-works-6db8679052ad) article.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: deCremist on February 25, 2021, 12:03:44 PM
We had posted Your ICO on Our Website.
Kindly check it out! And let us know if anything is missing regarding this post.

URL: https://decremist.com/listing/defirex/



Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: DeFireX.org on February 25, 2021, 01:09:09 PM
We had posted Your ICO on Our Website.
Kindly check it out! And let us know if anything is missing regarding this post.

URL: https://decremist.com/listing/defirex/



Great news! New partnerships are always good! We are glad that you liked our project and that you appreciated our functionality!


Let me remind everyone, that we offer reliable Yield Farming with the best conditions % APY 🚀

Today Profit on DeFireX:
▪️ DAI - 23.8% APY
▪️ USDC - 23.8% APY
▪️ ETH - 14.1% APY
▪️ wBTC - soon
▪️ DFX - soon


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: Olegya199 on February 25, 2021, 01:23:07 PM
The project seems to be attractiv. Stablecoin farming on Compound should be secure and robust. Can you tell in more detail about your experience with Binance?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: IQ_cash on February 25, 2021, 02:08:50 PM
Yield farming, very hype project! The main thing is to get into it :)


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: mandor on February 25, 2021, 11:45:53 PM
Somehow the site https://www.defirex.org/ isn't working properly for me, even turning on a VPN does not have any effect.
Wanted to see the token contract address, I notice that this project already hold an airdrop since october 2020 and get over $2,2M liquidity in 2 hours, so there should be lot of holders right now and already traded on an exchange. Btw, what is the value for DFX token at this moment?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: DeFireX.org on February 26, 2021, 10:00:36 AM
The project seems to be attractiv. Stablecoin farming on Compound should be secure and robust. Can you tell in more detail about your experience with Binance?

In cooperation with the xDAI team, we have implemented a Cross-chain bridge dDAI on BSC (https://bscscan.com/token/0x308853aec7cf0ecf133ed19c0c1fb3b35f5a4e7b) that makes possible liquidity mining on Ethereum mainnet within Binance Smart Chain. This means that you're able to save more than 100 times on the commissions to start farming with the same reliability level as in Ethereum mainnet.  Now the best liquidity farming mechanics have become available for users with small deposits.

Mechanics that are used by the DeFireX team eliminate all types of risks present in other DeFi projects which were proved by an audit (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) made by the Pessimistic (https://pessimistic.io) team. It's one of the best solutions for stable and secure profit-generating for the best-known assets, such as DAI, ETH, USDT, and BTC.



Somehow the site https://www.defirex.org/ isn't working properly for me, even turning on a VPN does not have any effect.
Wanted to see the token contract address, I notice that this project already hold an airdrop since october 2020 and get over $2,2M liquidity in 2 hours, so there should be lot of holders right now and already traded on an exchange. Btw, what is the value for DFX token at this moment?

Thanks for your feedback! Indeed, our CNAME record was configured incorrectly - now our website (https://defirex.org/) is working OK on request via WWW.

Yes, in October 2020, we announced that we would conduct an Airdrop, and all this time we were making snapshots of wallets that provided liquidity to our service. The DFX token wasn't still distributed - this is planned for March 2021. Now we only have the technical token dDAI (https://etherscan.io/token/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) for mutual settlements with users. dDAI (https://etherscan.io/token/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) is stablecoin, 1 dDAI = 1 DAI


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: pressnegl on February 26, 2021, 11:38:29 AM
How is the profit generated? What is the yield farming model?

The DeFireX Smart Contract is using flash loans on dYdX to quadruple the user's deposit inside the Compound which increases the rewards in COMP tokens. After that the COMP tokens are converted to DAI via Uniswap platform. All in all, the user is able to withdraw the accrued interest in DAI stablecoins.

We use the dYdX liquidity to perform the flashloans with leverage up to $ 35 million by paying a small commission to the service. We use Uniswap to get accrued income fixed in stablecoins.

By pooling liquidity in a single pool, profit is able to be withdrawn within one transaction on the DeFireX platform. This solution helps to save up on the commissions in the network.

We have detailed this in our Medium (https://defirex.medium.com/how-it-works-6db8679052ad) article.
I have read it. So, your service simplifies the multiple lending on the Compound platform while you take a loan for relatively low borrow rate and lend it again and accruing the COMP bonuses for these operations.

P.S. liked the idea that the income is set in stablecoins


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: Legasches on February 27, 2021, 09:39:30 AM
Do you have the governance token?  How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: helenfast69 on February 27, 2021, 05:45:10 PM
It is a big plus that DeFireX smart contract provides the ability to withdraw funds through any available Blockchain Explorer even if the site is not working


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: SOCAR on February 27, 2021, 06:12:16 PM
Do you have the governance token?  How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?
If I'm not mistaking, they use of dYdX flash loans helps to increase the rewards


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Slow death on March 01, 2021, 09:08:52 PM
Do you have the governance token?  How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?

I also saw the project now and I confess that I also don't understand it very well and I have the same doubt that you have. I'm reading more on their website and since I don't have a telegram it gets very complicated because if I had a telegram I would ask this question on their telegram channel. so I suggest that you ask this question on their telegram channel: https://t.me/defirex





Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: CryptoMargo on March 01, 2021, 09:57:00 PM
Verifed links about DeFireX

Official web-site (https://www.defirex.org/rs=bitcointalk_comments) | Security Audit Pessimistic (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) | github (https://github.com/DeFireX) | Etherscan balance (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd) | Compound balance (https://compound.finance/governance/address/0x0BCbAb2FeCC30B7341132B4Ebb36d352E035f1bD) | Token dDAI (https://etherscan.io/address/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) | DeFireX contract (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd)

As I got this system can provide both yeld farming and swapping options. And the best are DAI and USDC. Or it is better to use only one yield pair?
How much should I hold to get good rewards monthly?
And what is it better to use? Your opinion


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: nira09 on March 01, 2021, 11:53:56 PM
I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: eXtremal on March 02, 2021, 11:19:15 AM
I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?
maybe they mean the bounty program, and now it's started you can see it here https://bitcointalk.org/index.php?topic=5320611.0, but I don't know it's just my thoughts


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: DeFireX.org on March 02, 2021, 12:48:08 PM
Do you have the governance token?  How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?

We are planning to release our governance token in March. We're currently running AirDrop, so get involved! =)

Do you have the governance token?  How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?
If I'm not mistaking, they use of dYdX flash loans helps to increase the rewards
Regarding your question on lending - Mr. SOCAR answered everything correctly, we use dydx loans, and you can see  the deposited volume and loans directly in Compound.

Do you have the governance token?  How is it possible that the rewards for DAI staking is 3x more than the competitors? Who takes such expensive loans?

I also saw the project now and I confess that I also don't understand it very well and I have the same doubt that you have. I'm reading more on their website and since I don't have a telegram it gets very complicated because if I had a telegram I would ask this question on their telegram channel. so I suggest that you ask this question on their telegram channel: https://t.me/defirex

What you are talking about is our official Telegram channel, where we publish mainly project news and new functionality for Yield Farming.
You can ask any question you are interested in here on the forum, or write to our Telegram chat: https://t.me/defirex_chat_en . We will definitely answer any question that interests you!

Verifed links about DeFireX

Official web-site (https://www.defirex.org/rs=bitcointalk_comments) | Security Audit Pessimistic (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) | github (https://github.com/DeFireX) | Etherscan balance (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd) | Compound balance (https://compound.finance/governance/address/0x0BCbAb2FeCC30B7341132B4Ebb36d352E035f1bD) | Token dDAI (https://etherscan.io/address/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) | DeFireX contract (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd)

As I got this system can provide both yeld farming and swapping options. And the best are DAI and USDC. Or it is better to use only one yield pair?
How much should I hold to get good rewards monthly?
And what is it better to use? Your opinion

That's right! You can use 1 asset for Yiled Farming in DeFireX. You don't need to have 2 or more assets in your wallet, but you can. For example, you can farm both DAI only and have an open account in both DAI and ETH at the same time! I'm not sure if it would be a good idea to recommend an investment strategy, but most of our users choose to farm with DAI because it is the most reliable way to make profit in stablecoins with the most attractive APY percentage on the market, without the risk of a deposit drawdown.

I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?

The AirDrop results will be distributed in March, and AirDrop itself has been underway for several months, using the snapshot technology. You can read more about this in our Medium (https://defirex.medium.com/dfx-token-airdrop-for-active-users-of-the-defirex-platform-2bec6b973cc6) article.

I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?
maybe they mean the bounty program, and now it's started you can see it here https://bitcointalk.org/index.php?topic=5320611.0, but I don't know it's just my thoughts

Including this program, but this is not the main part of AirDrop, which will take place in March. This Bounty Program offers DAI rewards using the Binance Smart Chain! So join in and be among the first to win! And be sure to visit our website with the updated personal account interface.



Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: veivodea on March 02, 2021, 05:05:05 PM
Wow, commissions for YieldFarming reduced 100 times and now only $0.2 Instead of $200. But how did you do such a small fee?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: wbich on March 02, 2021, 11:22:09 PM
Verifed links about DeFireX

Official web-site (https://www.defirex.org/rs=bitcointalk_comments) | Security Audit Pessimistic (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) | github (https://github.com/DeFireX) | Etherscan balance (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd) | Compound balance (https://compound.finance/governance/address/0x0BCbAb2FeCC30B7341132B4Ebb36d352E035f1bD) | Token dDAI (https://etherscan.io/address/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) | DeFireX contract (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd)

As I got this system can provide both yeld farming and swapping options. And the best are DAI and USDC. Or it is better to use only one yield pair?
How much should I hold to get good rewards monthly?
And what is it better to use? Your opinion

If they provide lower fees on Ethereum it can bring good $$. With new protocols they can do it with new protocol


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: P9tosya on March 03, 2021, 12:04:15 AM
Verifed links about DeFireX

Official web-site (https://www.defirex.org/rs=bitcointalk_comments) | Security Audit Pessimistic (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) | github (https://github.com/DeFireX) | Etherscan balance (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd) | Compound balance (https://compound.finance/governance/address/0x0BCbAb2FeCC30B7341132B4Ebb36d352E035f1bD) | Token dDAI (https://etherscan.io/address/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) | DeFireX contract (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd)

As I got this system can provide both yeld farming and swapping options. And the best are DAI and USDC. Or it is better to use only one yield pair?
How much should I hold to get good rewards monthly?
And what is it better to use? Your opinion

If they provide lower fees on Ethereum it can bring good $$. With new protocols they can do it with new protocol

I saw they posted about average yield of about 43% per annum. By the way what wallets can I connect to system?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: optigon on March 03, 2021, 11:32:41 AM
I saw they posted about average yield of about 43% per annum. By the way what wallets can I connect to system?
You can connect  your wallet using a metamask with the ethereum network or the Binance chain https://defirex.org/account


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: katrinmi on March 03, 2021, 12:52:29 PM
I can't get how you plan to decrease taxes on Ethereum. Maybe cross chain and their governance system can solve such a problem but for small investments it is not so profitable, as it can be!


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: eXtremal on March 03, 2021, 06:37:13 PM
I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?
maybe they mean the bounty program, and now it's started you can see it here https://bitcointalk.org/index.php?topic=5320611.0, but I don't know it's just my thoughts

Including this program, but this is not the main part of AirDrop, which will take place in March. This Bounty Program offers DAI rewards using the Binance Smart Chain! So join in and be among the first to win! And be sure to visit our website with the updated personal account interface.


So you mean there must be an airdrop event in the future? apart from the bounty program right?
it was very good. Surely the event will invite a lot of attention from the wider community as well as investors who will also enjoy DeFireX services


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: AhmadM on March 03, 2021, 07:17:06 PM
I saw they posted about average yield of about 43% per annum. By the way what wallets can I connect to system?
At the moment I guess it's metamask wallet only, hope they can give us more wallet option in the future

I can't get how you plan to decrease taxes on Ethereum. Maybe cross chain and their governance system can solve such a problem but for small investments it is not so profitable, as it can be!
I don't see they have a plan to decrease eth network fees, from my understanding they just give us a chance to take a part in liquidity mining through BSC (cross-chain bridge) which is we all know that BSC has lesser fees compared to eth network/erc20, cmiiw


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: koang on March 03, 2021, 08:39:13 PM
I don't see they have a plan to decrease eth network fees, from my understanding they just give us a chance to take a part in liquidity mining through BSC (cross-chain bridge) which is we all know that BSC has lesser fees compared to eth network/erc20, cmiiw

You have the point,  BSC has lower fees
But it is interesting to look forward to how the BSC chain will look in terms of adoption when eth 2.0 is activated.
Btw,  I like DeFireX idea of yield farming with a stable coin, it's gonna rock on the crypto market :)


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Alai19 on March 03, 2021, 11:47:35 PM
Well, what’s the actual profit for annum? Here you say up to 50%, your posts say up to 40%. And actually up to 30%, lol?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: mandor on March 05, 2021, 12:30:01 AM
So DFX token distribution is through the airdrop, as long as an user have $100 in their account balance, she will be splashed. This mean all of token supply will be airdroped or will the airdrop determine how much the total supply will be?
If looking at the user balance listed on the website, I think many people will participate in the airdrop.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: seoincorporation on March 05, 2021, 02:58:02 PM
Hey, i was taking a look at your thread and the link to GitHub is wrong, you should change it for this one: https://github.com/DeFireX

Nice platform and nice project, I'm not a big fan of the tokens but I see all the effort behind this project, So, I wish you great luck with it.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: wbich on March 05, 2021, 06:48:15 PM
As I see you made BSC liquidity mining with comission about 0.3-0.4 $
Hope this is true and I am able to connect my binance acc


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Dowox on March 06, 2021, 07:14:13 AM
If you work directly with Compound, what are the benefits of using your platform instead of Compound?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Digital_Seung on March 06, 2021, 02:48:28 PM
So DeFireX model is suitable for both beginners and those who have been in farming for a long time. It is good when system is friendly with beginners also ;)


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Bordijo on March 06, 2021, 10:03:10 PM
Seems profitable because of using stablecoins for farming. Do you have plans to add other coins besides wBTC and DFX that have already been mentioned?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: koang on March 07, 2021, 10:21:40 PM
So DFX token distribution is through the airdrop, as long as an user have $100 in their account balance, she will be splashed. This mean all of token supply will be airdroped or will the airdrop determine how much the total supply will be?
If looking at the user balance listed on the website, I think many people will participate in the airdrop.

I am also curious about this, they just explain how the model works but the technical part and basic elements of Tokenomics not yet released

Btw, The total supply is 10 000 000 DFX tokens
A small total supply should have a high price :)


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: AhmadM on March 08, 2021, 09:44:51 PM
Btw, The total supply is 10 000 000 DFX tokens
Yupz, they have a quite small total supply comparing to the average cryptocurrencies in the current space but it decent I thought

Quote
A small total supply should have a high price :)
Most average as you mentioned that low supply will have a high price but still there is a chance the contrary will happen O0


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Eduarop on March 09, 2021, 06:20:10 PM
Can't see anything about project audit here. Did you make it? Github page is working but I want to take part only if you have wog or hacken audit


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 10, 2021, 11:06:44 AM
Wow, commissions for YieldFarming reduced 100 times and now only $0.2 Instead of $200. But how did you do such a small fee?

DeFireX minimizes the commission by minimizing the number of transactions through pooling liquidity and other user request.

Verifed links about DeFireX

Official web-site (https://www.defirex.org/rs=bitcointalk_comments) | Security Audit Pessimistic (https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf) | github (https://github.com/DeFireX) | Etherscan balance (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd) | Compound balance (https://compound.finance/governance/address/0x0BCbAb2FeCC30B7341132B4Ebb36d352E035f1bD) | Token dDAI (https://etherscan.io/address/0xfacd9a6fd887855d9432f7a080911b26d9dcae01) | DeFireX contract (https://etherscan.io/address/0x0bcbab2fecc30b7341132b4ebb36d352e035f1bd)

As I got this system can provide both yeld farming and swapping options. And the best are DAI and USDC. Or it is better to use only one yield pair?
How much should I hold to get good rewards monthly?
And what is it better to use? Your opinion

If they provide lower fees on Ethereum it can bring good $$. With new protocols they can do it with new protocol

I saw they posted about average yield of about 43% per annum. By the way what wallets can I connect to system?

Any good BSC, ERC20 compatible wallet


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Bnkr65 on March 10, 2021, 09:06:37 PM
Hello! I've just find out your project and it seems quite interesting for me. However I never used such platforms for mining. Did I correctly understood, you have your own pool to mine your tokens, so I can connect to it and to mine your tokens from my comp?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming in / DAI / ETH / USDC / wBTC / ~35% APY 🔥
Post by: DeFireX.org on March 11, 2021, 03:02:46 PM
I can't get how you plan to decrease taxes on Ethereum. Maybe cross chain and their governance system can solve such a problem but for small investments it is not so profitable, as it can be!

We can solve this problem by minimizing the number of transactions in liquidity pool and user requests. With this solution fees on Uniswap and other Blockchains will be lower.


I saw Defirex announcing the launch of the Airdrop program for active users of the platform, but the details of the Airdrop time have not been explained. can you explain when the airdrop starts and ends?
maybe they mean the bounty program, and now it's started you can see it here https://bitcointalk.org/index.php?topic=5320611.0, but I don't know it's just my thoughts

Including this program, but this is not the main part of AirDrop, which will take place in March. This Bounty Program offers DAI rewards using the Binance Smart Chain! So join in and be among the first to win! And be sure to visit our website with the updated personal account interface.


So you mean there must be an airdrop event in the future? apart from the bounty program right?
it was very good. Surely the event will invite a lot of attention from the wider community as well as investors who will also enjoy DeFireX services

We have DFX token airdrop for active users of the DeFireX platform.
Governance DFX tokens will be distributed among  active users of the platform who have a balance of at least $100 and subscribed to the main social media networks of the platform.
We already have a Bounty campaign with payments in DAI, we do not conduct it in the DFX token, as it is planned to create a shortage of tokens on the exchange.


Well, what’s the actual profit for annum? Here you say up to 50%, your posts say up to 40%. And actually up to 30%, lol?

Profitability is volatile and depends on many factors. Soon we will announce new farming mechanics that will bring in from 70 to 180% in stabletokens
You can find all the calculations, examples, and risk descriptions in our Medium article: https://defirex.medium.com/how-it-works-6db8679052ad


So DFX token distribution is through the airdrop, as long as an user have $100 in their account balance, she will be splashed. This mean all of token supply will be airdroped or will the airdrop determine how much the total supply will be?
If looking at the user balance listed on the website, I think many people will participate in the airdrop.

100,000 tokens will be used for Airdrop that will take place in March.
100,000 tokens is only 1% of the total volume. Let me remind you that 30% of all funds will be directed to the buyback of tokens, which will lead to a gradual stable growth of the DFX token


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 11, 2021, 03:11:29 PM
Hey, i was taking a look at your thread and the link to GitHub is wrong, you should change it for this one: https://github.com/DeFireX

Nice platform and nice project, I'm not a big fan of the tokens but I see all the effort behind this project, So, I wish you great luck with it.

Thank you! We will fix it.


As I see you made BSC liquidity mining with comission about 0.3-0.4 $
Hope this is true and I am able to connect my binance acc

Yes, this is true. We reduce fees using BSC bridge and decreasing number of transactions.
You can take part in pools. Just connect your wallet and start getting profit.


If you work directly with Compound, what are the benefits of using your platform instead of Compound?

Interaction with the Compound is very expensive for an ordinary user, we combine users' liquidity into one pool to reduce the cost of transactions. We also increase your position in the Compound by using a flash loan, which is 4 times faster, you get 4 times more COMP tokens and, accordingly, profit. This functionality is available using the DeFireX smart contract.


Seems profitable because of using stablecoins for farming. Do you have plans to add other coins besides wBTC and DFX that have already been mentioned?

First of all we are going to release these pools. Please, wait for our official announcement about adding new pools. You can follow our Twitter and Telegram to stay tuned. Also, we will make posts about all updates and further plans on Bitcointalk. 


Can't see anything about project audit here. Did you make it? Github page is working but I want to take part only if you have wog or hacken audit

We have passed the audit by Pessimistic.io , you can check it here:
https://github.com/pessimistic-io/audits/blob/main/DeFireX%20Security%20Audit%20by%20Pessimistic%20Public.pdf

We also submitted audit for Binance Smart Chain bridge, it will be published soon.


Hello! I've just find out your project and it seems quite interesting for me. However I never used such platforms for mining. Did I correctly understood, you have your own pool to mine your tokens, so I can connect to it and to mine your tokens from my comp?


Our own mining pool for our DFX token will be available next week, everyone can join it.
For now you can take part in DAI and ETH Defirex pools. Connect your wallet and use yields.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: NotHatinJustTrollin on March 14, 2021, 04:10:54 PM
DeFireX Launches Farming on Ethereum Directly From Binance Smart Chain


20 February 2021 — The DeFireX project team has developed and launched smart contracts using a bridge, implemented jointly with the xDAI project team. This approach allows users to participate in the farming of projects working on the Ethereum network with the same level of reliability and without the need to pay large commissions.

In the current iteration of the system, users can participate in liquidity farming of Compound, which allows them to earn 25-35% APY in DAI tokens. Placement of DAI will cost about $0.25, whereas the same transaction in the Ethereum network would currently cost about $150.

By placing DAI in the DeFireX smart contract on the Binance Smart Chain (BSC) network, users receive dDAI tokens with profits accrued on them in DAI. dDAI can be exchanged to DAI through the bridge that connects the BSC and Ethereum network. dDAI tokens are fully backed by DAI hosted in the Compound project and can be transferred between the BSC and Ethereum networks. The project team maintains a limited pool in the BSC network for exchanging DAI for dDAI. dDAI are always backed by DAI at 100% in the Ethereum network. Thus, users do not need to rely on the DeFireX team, since, by resorting to the bridge (link), they can independently transfer dDAI to the Ethereum network and exchange them for DAI.

In the current contracts, the functionality of farming COMP tokens is implemented by means of placing positions in DAI and fixing 25-35% APY in DAI. However, it will be possible to launch reliable farming mechanisms in the near future with APY ranging from 14 to 20% using ETH and BTC with BSC backing.

The DeFireX team plans to provide access to farming on Uniswap, 1inch, and other popular DeFi platforms directly from BSC with minimal commissions for users by implementing cross-chain interaction. This will allow access to the best DeFi services for generating liquidity and income with minimal commissions.

The bridge accepts liquidity in BSC tokens and provides the corresponding amount of liquidity locked in Ethereum through a mechanism of decentralized relays. All BSC tokens are always backed by ETH at a 1 to 1 ratio. The bridge is not controlled by the owners of the system and has no WhiteLists. In addition, the bridge already allows users to freely move ERC-20 tokens.

The farming mechanism is built on proven DeFireX.org technology, which has been tested repeatedly by international auditors. The system is completely transparent, allowing anyone to review accounts, source codes, and holders of funds at any time. The service provides an opportunity to reliably receive high levels of income via Yield Farming.

At present, the levels stand at:

·         DAI - 22.5% APY annually

·         USDC - 22.5% APY annually

·         ETH - 12.9% APY annually

All rewards are automatically accrued on a daily basis free of charge for users. The rewards are made available for withdrawal in the users’ personal accounts and are protected from loss under any market conditions.

More information: https://www.binance.org/en/blog/defirex-launches-farming-on-ethereum-directly-from-binance-smart-chain/
https://twitter.com/DeFireXorg/status/1371040649395458049


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: TunchikV on March 16, 2021, 11:01:05 AM
Can you explain me more detailed how can I get additional profit from COMP tokens with loans, where on Compound can I get loan in DAI tokens, what I need for it and what will be an interest rate per month? When I’ll exchange loaned DAI tokens on COMP will I for sure get the main 3.2% and an additional ~ 6% interest on it in COMP tokens if I’ll exchange some COMP tokens on DAI every month to pay per cents for my loan?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 16, 2021, 05:59:44 PM
Can you explain me more detailed how can I get additional profit from COMP tokens with loans, where on Compound can I get loan in DAI tokens, what I need for it and what will be an interest rate per month? When I’ll exchange loaned DAI tokens on COMP will I for sure get the main 3.2% and an additional ~ 6% interest on it in COMP tokens if I’ll exchange some COMP tokens on DAI every month to pay per cents for my loan?

Yes, DeFireX allows you to invest and get the maximum income, and also automatically fixes COMP in stablecoins every day


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 16, 2021, 06:54:15 PM
https://i.ibb.co/JmT4bsy/launch.png (https://defirex.org/)

    • DFX, the DiFireX Protocol governance and utility token, is live!

    • DFX contract address on Ethereum:
      0x96267A9781522498FD4c280B791Bd135780693A1

    • DFX contract address on BSC:
      0x74b3abb94e9e1ecc25bd77d6872949b4a9b2aacf

    • To start, DFX is available through 3 liquidity mining pools (and soon more):
      DFX holders may vote to add more pools.

    • All DeFireX profit go to the DFX buyback and are distributed among the DFX stakers.

The DeFireX team doesn’t rely on luck. Tokenomics have been carefully thought out to drive growth:

🔹 No additional emission

🔹 Blocking 75% of distributed team’s and private investors’ tokens

🔹 30% of all project profits go to the buyback of DFX


DFX token details:

https://i.ibb.co/R77jKBd/dfx-token-structure.png (https://defirex.org/)


🔹 Total DFX Token Supply: 10,000,000

🔹 Additional emission is not possible

🔹 Starting price of placement on the PancakeSwap exchange: $2

🔹 The DFX/BUSD PancakeSwap pool will be immediately replenished with $500,000 TVL from the private round funds

🔹 10% of the total DFX farming volume is allocated to the team

🔹 30% of all platform profits go to DFX buyback

🔹 All DFX generated from this buyback will be distributed through the DFX Staking pool


Current operating figures:

🔹 Average APY for January 2021: 29%

🔹 Current system liquidity: more than $ 16,000,000

🔹 Platform average operating profit per month: $ 80,000


DFX token distribution structure


🔹 Early liquidity providers (AirDrop): 1% (100,000 DFX)

🔹 Promotion and affiliate program: 2.5% (250,000 DFX)

🔹 Liquidity pools and system opening balances: 3.25% (325,000 DFX)

🔹 Reserve fund: 4.25% (425,000 DFX)

🔹 Team: 20% (2,000,000 DFX)

Of these 20%, 25% will be available immediately, the process of auto-unlocking the remaining 75% will begin in 21 days in equal parts of 0.25% per day and will end in 10 months

🔹 Private round: 30% (3,000,000 DFX)

Of these 30%, 25% will be available immediately, 75% of the auto-unlock process will begin in 21 days in equal parts of 0.5% per day and will end in 5 months
(The tokensale private round raised $ 3,000,000. Most of the funds will be directed to creating a liquidity pool, maintaining the token rate, and marketing activities.)

🔹 Reserved for farming programs for a period of 6 to 18 months: 39%

🔹 Incentives to use the platform: from +20% to +100% in DFX

🔹 Farming of DFX tokens in the DFX/BUSD pool: from +50% to +300%


A Retrospective Airdrop

—1% of DFX
(100,000 DFX) can immediately be claimed by historical DeFireX users based on a snapshot ending March 12, 2021, at 09:15 am UTC.

98,000 DFX is distributed among those who were using DeFireX in Ethereum up to block 12022855. Addresses in Ethereum to which DFX tokens were distributed are available here.

2,000 DFX is distributed among those who were using DeFireX on Binance Smart Chain up to block 5611923. Addresses in BSC to which DFX tokens were distributed are available here.

DFX is distributed among users in proportion to the contribution to the growth of the DeFireX protocol: the earlier the user started using the service and the more funds he placed in the protocol, the more DFX tokens they received.

To collect the accrued DFX tokens, you need to go to the DeFireX website in the AirDrop section.

More details on the DFX distribution formula for early users can be found in the GitHub repository.


Liquidity Mining


A first stage of the liquidity mining program will go live March 16 2021 10:00 am UTC.

The first stage of the liquidity mining program will last 1 week from the start and during this time 60,000 DFX will be distributed (0.6% of DFX total supply).

At the first stage, the following liquidity pools are provided for mining:

– BUSD Farming Pool

– USDT Farming Pool

– DFX/BUSD Pancake LP Pool


More information on farming pools and current APY can be found at DeFireX.


DeFireX Reward Distribution

DeFireX fee is 30% of the service users’ profit. All DeFireX profits are directed towards the buyback of the DFX token and distributed among the holders of DFX tokens. The buyback of tokens leads to an increase in the price of a token in the market. This ensures the stability of the DFX token economy.

In order to make DeFireX profit, you need to stake your DFX tokens into a Staking pool. If you do not have DFX tokens, but you want to make DeFireX profit, then you can buy tokens on PancakeSwap right now.

After you stake your DFXs, you will profit from them in DFX after the buyback from the market. Remember, the profit is not received continuously, but approximately once a day.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: gLk1 on March 16, 2021, 07:09:56 PM
DeFireX Launches Farming on Ethereum Directly From Binance Smart Chain


20 February 2021 — The DeFireX project team has developed and launched smart contracts using a bridge, implemented jointly with the xDAI project team. This approach allows users to participate in the farming of projects working on the Ethereum network with the same level of reliability and without the need to pay large commissions.

In the current iteration of the system, users can participate in liquidity farming of Compound, which allows them to earn 25-35% APY in DAI tokens. Placement of DAI will cost about $0.25, whereas the same transaction in the Ethereum network would currently cost about $150.

By placing DAI in the DeFireX smart contract on the Binance Smart Chain (BSC) network, users receive dDAI tokens with profits accrued on them in DAI. dDAI can be exchanged to DAI through the bridge that connects the BSC and Ethereum network. dDAI tokens are fully backed by DAI hosted in the Compound project and can be transferred between the BSC and Ethereum networks. The project team maintains a limited pool in the BSC network for exchanging DAI for dDAI. dDAI are always backed by DAI at 100% in the Ethereum network. Thus, users do not need to rely on the DeFireX team, since, by resorting to the bridge (link), they can independently transfer dDAI to the Ethereum network and exchange them for DAI.

In the current contracts, the functionality of farming COMP tokens is implemented by means of placing positions in DAI and fixing 25-35% APY in DAI. However, it will be possible to launch reliable farming mechanisms in the near future with APY ranging from 14 to 20% using ETH and BTC with BSC backing.

The DeFireX team plans to provide access to farming on Uniswap, 1inch, and other popular DeFi platforms directly from BSC with minimal commissions for users by implementing cross-chain interaction. This will allow access to the best DeFi services for generating liquidity and income with minimal commissions.

The bridge accepts liquidity in BSC tokens and provides the corresponding amount of liquidity locked in Ethereum through a mechanism of decentralized relays. All BSC tokens are always backed by ETH at a 1 to 1 ratio. The bridge is not controlled by the owners of the system and has no WhiteLists. In addition, the bridge already allows users to freely move ERC-20 tokens.

The farming mechanism is built on proven DeFireX.org technology, which has been tested repeatedly by international auditors. The system is completely transparent, allowing anyone to review accounts, source codes, and holders of funds at any time. The service provides an opportunity to reliably receive high levels of income via Yield Farming.

At present, the levels stand at:

·         DAI - 22.5% APY annually

·         USDC - 22.5% APY annually

·         ETH - 12.9% APY annually

All rewards are automatically accrued on a daily basis free of charge for users. The rewards are made available for withdrawal in the users’ personal accounts and are protected from loss under any market conditions.

More information: https://www.binance.org/en/blog/defirex-launches-farming-on-ethereum-directly-from-binance-smart-chain/
https://twitter.com/DeFireXorg/status/1371040649395458049


Thank ! Your support and help is important to us!


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 16, 2021, 07:12:46 PM
DeFireX Launches Farming on Ethereum Directly From Binance Smart Chain


20 February 2021 — The DeFireX project team has developed and launched smart contracts using a bridge, implemented jointly with the xDAI project team. This approach allows users to participate in the farming of projects working on the Ethereum network with the same level of reliability and without the need to pay large commissions.

In the current iteration of the system, users can participate in liquidity farming of Compound, which allows them to earn 25-35% APY in DAI tokens. Placement of DAI will cost about $0.25, whereas the same transaction in the Ethereum network would currently cost about $150.

By placing DAI in the DeFireX smart contract on the Binance Smart Chain (BSC) network, users receive dDAI tokens with profits accrued on them in DAI. dDAI can be exchanged to DAI through the bridge that connects the BSC and Ethereum network. dDAI tokens are fully backed by DAI hosted in the Compound project and can be transferred between the BSC and Ethereum networks. The project team maintains a limited pool in the BSC network for exchanging DAI for dDAI. dDAI are always backed by DAI at 100% in the Ethereum network. Thus, users do not need to rely on the DeFireX team, since, by resorting to the bridge (link), they can independently transfer dDAI to the Ethereum network and exchange them for DAI.

In the current contracts, the functionality of farming COMP tokens is implemented by means of placing positions in DAI and fixing 25-35% APY in DAI. However, it will be possible to launch reliable farming mechanisms in the near future with APY ranging from 14 to 20% using ETH and BTC with BSC backing.

The DeFireX team plans to provide access to farming on Uniswap, 1inch, and other popular DeFi platforms directly from BSC with minimal commissions for users by implementing cross-chain interaction. This will allow access to the best DeFi services for generating liquidity and income with minimal commissions.

The bridge accepts liquidity in BSC tokens and provides the corresponding amount of liquidity locked in Ethereum through a mechanism of decentralized relays. All BSC tokens are always backed by ETH at a 1 to 1 ratio. The bridge is not controlled by the owners of the system and has no WhiteLists. In addition, the bridge already allows users to freely move ERC-20 tokens.

The farming mechanism is built on proven DeFireX.org technology, which has been tested repeatedly by international auditors. The system is completely transparent, allowing anyone to review accounts, source codes, and holders of funds at any time. The service provides an opportunity to reliably receive high levels of income via Yield Farming.

At present, the levels stand at:

·         DAI - 22.5% APY annually

·         USDC - 22.5% APY annually

·         ETH - 12.9% APY annually

All rewards are automatically accrued on a daily basis free of charge for users. The rewards are made available for withdrawal in the users’ personal accounts and are protected from loss under any market conditions.

More information: https://www.binance.org/en/blog/defirex-launches-farming-on-ethereum-directly-from-binance-smart-chain/
https://twitter.com/DeFireXorg/status/1371040649395458049

Perfectly. It is important news


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Alai19 on March 17, 2021, 10:51:33 AM
If Compound project provides an average yield of about 43% per annum that mean that if I invest only 200$ I have in COMP in a year I‘ll get 83$ profit or everything had changed and now I’ll get only 6% per annum? If only 6% then the profit will be really too small and the commission will be too big and in case I’d want to withdraw I’ll spend more on commission.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: minurre on March 17, 2021, 07:21:36 PM
Imo that is a rather good decision to provide limits for each user for pool participation. Because whales will come and easily destroy price and profit %. Don't want to see price manipulation on pancake. Still a lot of projects lose profit because of big holders!


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Bnkr65 on March 18, 2021, 08:23:02 AM
Hello! I've just find out your project and it seems quite interesting for me. However I never used such platforms for mining. Did I correctly understood, you have your own pool to mine your tokens, so I can connect to it and to mine your tokens from my comp?
Our own mining pool for our DFX token will be available next week, everyone can join it.
For now you can take part in DAI and ETH Defirex pools. Connect your wallet and use yields.
Thank you I found those two pools on your site: BURST and DAI pools and was very pleased to find out that you added three more pools. But I can use only one of them. Can you recommend what one to connect to get more profit, what amount of coins will I mine with the current complexity of your network from a Mhesh?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: xodakovs on March 18, 2021, 05:26:23 PM
DeFireX thank you very much for the huge job you do, for being so active answering on all our questions almost immediately, for adding new pools (especially mining pool of DFX token) on your site and for all information you provide us now. You have very good project and I'm very pleasantly to take part in it.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: CryptoMargo on March 19, 2021, 03:30:29 PM
When will I get rewards from Airdrop? Where should I check it because I didn't find any dfx tokens on my wallet. Any guide for it?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Bordijo on March 20, 2021, 10:40:44 PM
There is one more good news about DeFireX. I’ve read today at telegram chat that DFX is already listed on Coinmarketcap! That’s really very good news. Here is a link: https://coinmarketcap.com/currencies/defirex/ . Now everyone can easily observe token value, price changes, market capitalization, charts, markets and a lot of other useful info.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Lunyu on March 21, 2021, 09:47:57 AM
Imo that is a rather good decision to provide limits for each user for pool participation. Because whales will come and easily destroy price and profit %. Don't want to see price manipulation on pancake. Still a lot of projects lose profit because of big holders!
Agree with you but as far as I understood the team maintain limits only “in the BSC network for exchanging DAI for dDAI”. Big investors usually maintain and strengthen the project so it will be great if some whales will connect some of the DeFireX pools.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: katrinmi on March 21, 2021, 09:53:23 PM
With this 1000% you will see a lot of new participants. In a week dfx trading volume will become top on pancake. Good job team! By the way, are you going to launch IFO on Pancake?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: TimeTeller on March 21, 2021, 10:09:07 PM
There is one more good news about DeFireX. I’ve read today at telegram chat that DFX is already listed on Coinmarketcap! That’s really very good news. Here is a link: https://coinmarketcap.com/currencies/defirex/ . Now everyone can easily observe token value, price changes, market capitalization, charts, markets and a lot of other useful info.

They just started trading so it seems this has a lot of potential to increase its price in the next coming days.
Aside from pancakeswap, what is their next target exchange for this token?
Am seeing more and more BSC-based tokens these days. Good move to avoid high fees in eth.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 22, 2021, 12:58:43 PM
If Compound project provides an average yield of about 43% per annum that mean that if I invest only 200$ I have in COMP in a year I‘ll get 83$ profit or everything had changed and now I’ll get only 6% per annum? If only 6% then the profit will be really too small and the commission will be too big and in case I’d want to withdraw I’ll spend more on commission.

Now you can get 20% in Compound using our platform. We advise you to switch to the BCK network in order to increase your profit up to 100% and not to pay high commissions of the Ethereum network.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 22, 2021, 01:06:48 PM
Hello! I've just find out your project and it seems quite interesting for me. However I never used such platforms for mining. Did I correctly understood, you have your own pool to mine your tokens, so I can connect to it and to mine your tokens from my comp?
Our own mining pool for our DFX token will be available next week, everyone can join it.
For now you can take part in DAI and ETH Defirex pools. Connect your wallet and use yields.
Thank you I found those two pools on your site: BURST and DAI pools and was very pleased to find out that you added three more pools. But I can use only one of them. Can you recommend what one to connect to get more profit, what amount of coins will I mine with the current complexity of your network from a Mhesh?


You can maximize your profit using the DFX Landing pool. The platform directs 30% of the profits received to buyback tokens DFX.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 22, 2021, 01:09:02 PM
DeFireX thank you very much for the huge job you do, for being so active answering on all our questions almost immediately, for adding new pools (especially mining pool of DFX token) on your site and for all information you provide us now. You have very good project and I'm very pleasantly to take part in it.

Thanks for such pleasant feedback, you motivate us to get better!


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 22, 2021, 01:12:00 PM
When will I get rewards from Airdrop? Where should I check it because I didn't find any dfx tokens on my wallet. Any guide for it?

🔹 The list of addresses of participants who used DeFireX in Ethereum before block 12022855 can be found 👉 here:

 (https://docs.google.com/spreadsheets/d/148bz1eIb_WTLvSqfa0V6K6XMXxyxB55drVGfzi-64Cs/edit?usp=sharing)

🔹 Those who used DeFireX on Binance Smart Chain prior to block 5611923 can find their addresses 👉 here:

 (https://docs.google.com/spreadsheets/d/1L5jz1oPIKwh-32pp7mJttTe3B35R0MLb0v5WG43AzmI/edit?usp=sharing)

DFX is distributed among users in proportion to the contribution to the DeFireX pools: the earlier the users started using the service and the more funds they invested in the protocol, the more DFX tokens they received.

To collect the accumulated DFX tokens, you need to connect MetaMask ->Check amount->claim

More information on the early adopter DFX distribution formula can be found in the GitHub repository: https://github.com/DeFireX/dfx-merkle-distributor.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 22, 2021, 01:21:03 PM
There is one more good news about DeFireX. I’ve read today at telegram chat that DFX is already listed on Coinmarketcap! That’s really very good news. Here is a link: https://coinmarketcap.com/currencies/defirex/ . Now everyone can easily observe token value, price changes, market capitalization, charts, markets and a lot of other useful info.

Thank. Soon we will add our token to CoinGecko and CryptoCompare  8)

There is one more good news about DeFireX. I’ve read today at telegram chat that DFX is already listed on Coinmarketcap! That’s really very good news. Here is a link: https://coinmarketcap.com/currencies/defirex/ . Now everyone can easily observe token value, price changes, market capitalization, charts, markets and a lot of other useful info.

They just started trading so it seems this has a lot of potential to increase its price in the next coming days.
Aside from pancakeswap, what is their next target exchange for this token?
Am seeing more and more BSC-based tokens these days. Good move to avoid high fees in eth.

This is true. The tokenomics of the project assumes stable growth. We also plan to add our token to Uniswap, and later to popular CEX exchanges, official announcements will be later.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Dowox on March 22, 2021, 10:28:19 PM
What about other pool pairs for BSC and Pancake? 1000% is good, but don't think that it will be forever. So you should provide bigger liquidity for other tokens.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Efarilino on March 23, 2021, 10:25:02 PM
DAI is bep standard token, yep? What should I do if I want to transfer to ethereum blockchain and use pools there? Do you have any guide how to do it? Should I pay for pool withdraw?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Olegya199 on March 24, 2021, 10:40:11 AM
You are going to provide liquidity pools on pancakeswap, right? Why do you think that liquidity pool will be filled? I read you added 500K$ from defirex investments but how will you reward users who also add tokens to LP? What benefits will be available for early users and what about lock-up period for Pool on Pancake?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Bnkr65 on March 25, 2021, 10:49:58 AM
Will the rewards from pool be withdrawan daily? And what do you plan to do to make farmers hold tokens and not to sell rewards?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on March 30, 2021, 12:18:28 PM
What about other pool pairs for BSC and Pancake? 1000% is good, but don't think that it will be forever. So you should provide bigger liquidity for other tokens.

Other pools are under development now. Perhaps soon BNB and BTC ones will be available. Stay tuned!

DAI is bep standard token, yep? What should I do if I want to transfer to ethereum blockchain and use pools there? Do you have any guide how to do it? Should I pay for pool withdraw?

You shouldn't pay for withdrawal. You can transfer assets from pool to your wallet without limits. You can transfer any time you want.

You are going to provide liquidity pools on pancakeswap, right? Why do you think that liquidity pool will be filled? I read you added 500K$ from defirex investments but how will you reward users who also add tokens to LP? What benefits will be available for early users and what about lock-up period for Pool on Pancake?

By placing assets (DFX and BUSD) in this pool, DeFireX farmers receive LP tokens, for example Pancake Swap (only for this pool), and then these, or other LP tokens, and can stake them in our DFX Staking Pool (BSC), where we will add more DFX Tokens as rewards.

In total, 60% of DFX Tokens allocated for farming are directed to liquidity holders in the DFX / BUSD LP pool. This will add another + ~ 104% APY to the main deposit for the farmer.  Users can automatically add LP to PancakeSwap.

If you want to join DFX pool, you can use it on our website.   There is no lock-up for LP tokens on PancakeSwap so you can withdraw any time you want.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: gLk1 on March 30, 2021, 12:19:55 PM
Will the rewards from pool be withdrawan daily? And what do you plan to do to make farmers hold tokens and not to sell rewards?

bro, don't forget that tokens will be locked and you will able to withdraw only 0.5% every day. Ofc you will able to put these tokens on pool but don't think there are any reasons to withdraw from pool while we have such high %


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: SOCAR on March 30, 2021, 12:56:03 PM
All BSC tokens are always backed by ETH at a 1 to 1 ratio, right? So when I want to move all my assets to Ethereum or BSC, I shouldn't pay extra fees? Only $0.25 with no limits for tokens?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: xodakovs on March 31, 2021, 05:18:55 PM
All BSC tokens are always backed by ETH at a 1 to 1 ratio, right? So when I want to move all my assets to Ethereum or BSC, I shouldn't pay extra fees? Only $0.25 with no limits for tokens?
Ofc no, that's why I like Defirex. All fees are low, dude


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on April 01, 2021, 11:26:22 AM
Latest DeFireX Updates:

DFX token has jumped from $2 to 6$ and is available:


on Pancake Swap  (https://exchange.pancakeswap.finance/#/swap?inputCurrency=0x74b3abb94e9e1ecc25bd77d6872949b4a9b2aacf)

on 1inch.exchange  (https://1inch.exchange/#/?network=56)


The project was added to the largest listings:

-CoinMarketCap (https://coinmarketcap.com/currencies/defirex/)
-Defistation.io (https://www.defistation.io/defirex)
-CoinGecko (https://www.coingecko.com/ru/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B/defirex)
-CryptoCompare (https://www.cryptocompare.com/coins/dfx/overview)


The DeFireX team closed farming on Ethereum network due to low profitability.


Users of pools on Ethereum can withdraw funds from deposits and all profits. To maximize profits, the DeFirex team recommends users deposit funds to one of the pools on Binance Smart Chain. The commission on this network is reduced to $ 0.25, and APY varied from 70% to 300%.


We also created an telegram assistant bot:

@DefirexRuBot
@DefirexEnBot


DFX Token Farming Week 3 Started:

- 100,000 DFX were distributed among users during the previous 2 weeks of farming (from March 16 to March 30)! This is 1% of the total supply.
- DeFireX is allocating another 44,500 DFX tokens for liquidity providers for the next week (from 30.03 to 06.04)
- The amount of distributed tokens for DFX-BUSD pool and the yield from this pool increased on 25%.
- The amount of DFX for the BUSD and USDT pools is the same as last week (for the BUSD pool - 13,000 DFX, for the USDT pool - 9,000 DFX)
- We updated the DFX staking pool - now the reward from the DFX buyback will be distributed every block, once every 3 seconds, rather than once a day.


We have added a repository where you can find all the buyback calculations, as well as files with the dates of the buyback commitments, amounts and transactions hashes:
BTC: https://github.com/DeFireX/buybackDFX

Join Now
Official web-site: www.DeFireX.org




Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Usider on April 01, 2021, 06:55:44 PM
With this 1000% you will see a lot of new participants. in a week dfx trading volume will become top on pancake. Gj team! By the way, are you going to launch IFO on Pancake?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Dispox on April 02, 2021, 06:09:20 PM
Wow, if it is true that we will have 1000% from dfx pool, that will be amazing. Don't know any competitors that can provide such opportunities for investors. I will try to get more funds to participate now because price will rise fast imo because of this high %


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: xodakovs on April 04, 2021, 09:57:45 PM
Imo that is a rather good decision to provide limits for each user for pool participation. Because whales will come and easily destroy price and profit %. Don't want to see price manipulation on pancake. Still a lot of projects lose profit because of big holders.


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: P9tosya on April 05, 2021, 06:41:18 PM
With this 1000% you will see a lot of new participants. in a week dfx trading volume will become top on pancake. Gj team! By the way, are you going to launch IFO on Pancake?
Imo we should wait. let me check how APY will be in 2-3 days


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on April 07, 2021, 09:42:07 AM
Wow, if it is true that we will have 1000% from dfx pool, that will be amazing. Don't know any competitors that can provide such opportunities for investors. I will try to get more funds to participate now because price will rise fast imo because of this high %

Thank you! The interest is really good for early suppliers of our platform. Moreover, lots of updates are coming, follow the news.



Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: DeFireX.org on April 07, 2021, 09:43:27 AM
DFX Farming Week 4 Started
- From 16.03 to 06.04 144,500 DFX have been distributed as rewards for farming! This is 1.445% of the total supply
- DeFireX is allocating 55,750 DFX tokens to liquidity providers from 06.04 to 13.04:
 https://bscscan.com/tx/0x9f38de0e9e5a520f6942f7b7b52375c7095c1ec6a5938ce7d5d3394490cb7b50
- The amount of distributed tokens for DFX-BUSD pool and its profitability increased by  50%!
- The number of DFXs for the BUSD and USDT pools remained the same.

DFX distribution for a week between pools:
 - 33,750 DFX goes to the DFX-BUSD pool
 - 13,000 DFX goes to BUSD pool
 - 9,000 DFX goes to USDT pool

Thanks for choosing Yield Farming with DeFireX!


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Bordijo on April 14, 2021, 08:27:50 PM
Imo that is a rather good decision to provide limits for each user for pool participation. Because whales will come and easily destroy price and profit %. Don't want to see price manipulation on pancake. Still a lot of projects lose profit because of big holders


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Efarilino on June 15, 2021, 09:55:40 PM
Hi, dudes! what are farming strategies in DeFireX?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Olegya199 on June 28, 2021, 01:38:49 PM
Will DeFireX have more updates and listings soon?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Usider on July 06, 2021, 06:04:57 AM
What do you plan about FDX token in future?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: mozhajc on July 15, 2021, 09:04:42 PM
Hello, what about to launch farming on Polygon chain?


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: pressnegl on July 20, 2021, 05:48:06 PM
Will DeFireX have more updates and listings soon?
DeFireX is in touch with Binance, so may be be will see DFX on Binance soon


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: koang on August 03, 2021, 12:50:24 PM
Finally! Great news for investors to get their funds back...
The Venus team has confirmed that they will take on the problem with the locked funds, the team is targeting
to complete a solution by August and the funds will be returned to the owners during the third quarter of 2021!
https://t.me/defirex_chat_en/16789


Title: Re: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥
Post by: Troland on August 04, 2021, 11:05:47 PM
The good thing is to hear that development is going well