[ANN]SocketFinance(SFI)high value to yield farming and accessible to farmers

[SocketFinance]

https://i.imgur.com/xG0M3Nc.png

Socket.Finance


Socket Finance is an experiment in the DeFi world. It is a suite of decentralized finance (DeFi) products focused on creating a simple way to generate returns for our users. Future projects will involve Vaults, Swap, NFT, etc.

Socket Finance won’t be another fork, we will focus on developing products by ourself. Meanwhile your voices and requirements will decide our roadmap. Join us on Discord and Telegram for discussing.

To make you more clear on Socket.Finance. We list some directions that we will focus on in Socket.Finance. Just an introduction, not a roadmap.

Swap
Uniswap is a great experiment, it brings AMM into the DeFi world. We believe this is just the beginning. More and more Dex will appear with great functions in the future. Hence, we are researching some better algorithms to provide users the best experience. There are two potential directions. One is develop swap for specific assets, like curve finance is focusing on stable coins. Another one is focusing on liquidity and returns, like providing dynamic trading fee. We are still exploring more directions. Welcome to join us for discussing.

Vault
Vault is an indispensable piece in the Defi field. There are various products coming out every day, and the existing Vault may be more focused on prudent investment. We want to build a Vault, and the strategy will bring high profits to our users, but it also comes with high risks.

✨NFT
NFT integrates with DeFi is a really interesting area. We think there will be many interesting combinations between NFT and Defi. So we are exploring how to bring NFT into Socket.Finance and how to bring values to our stake holders via NFT.

Stable Coin
Stablecoin experiments are also meaningful. Defi also needs decentralized stablecoins. We are planning to investigate on existing stablecoin projects on the market to try to improve their algorithms and develop our own stablecoins.

⏩ Prediction market
According to Vitalik(co-founder of ethereum), the prediction market is still undervalued. Prediction markets are a potential market that has a lot of momentum. We want to involve the prediction market to bring more value to Socket.Finance users in the future.

SFI Token metrics
SFI is the governance token of Socket.Finance. No Presale. No Premine. All tokens are distributed by yield farming. Join our community for launch date.

Contract: 0x1e15abf152067e9fe4a48bbf094a71f5bb16325d

Total Supply: 31,500
Allocation:
Reward 6,000 for WETH Pool (about 19.1%)
Reward 6,000 for SFI Pool (about 19.1%)
Reward 18,000 for ETH-SFI LP Pool (about 57.1%)
Reward 1,500 for development fund (about 4.7%). Linear vesting in one year ≈ 4.1 SFI / day.

Staking
There are 3 pools for staking and receiving SFI.

WETH Pool:
Contract: 0x52fac8e7a139127a734a208fb288e5d3604ba0fd
Stake WETH for SFI
Total reward: 6,000
First week: 3,000
Halving every week
Switch your ETH to WETH at here: https://relay.radar.tech

SFI Pool:
Contract: 0xf1145745ad0abfc7587cfe3b4d1c498be85446c7
Stake SFI for SFI
Total reward: 6,000
First week: 3,000
Halving every week
Buy SFI on Uniswap: https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x1e15abf152067e9fe4a48bbf094a71f5bb16325d

ETH-SFI Pool:
Contract: 0x42177e8b737D172Fe58C7672dc0fc5b784Db62d7
Stake ETH-SFI LP token for SFI
Total reward: 18,000
First week: 9,000
Halving every week
Add liquidity for ETH-SFI on Uniswap: https://app.uniswap.org/#/add/0x1e15abf152067e9fe4a48bbf094a71f5bb16325d/ETH

Dev keys of all 4 contracts have been burnt:

SFI token dev key burnt:
https://etherscan.io/tx/0x77f5ed0004a5035f72cedf5eca97f299359330841557867fbd70cac2dc6779eb

WETH Pool renounce ownership:
https://etherscan.io/tx/0x30c83fe40f60a21980a1c2774f83f01f3fd7d49ff0d03af798335fb8e8430e89

SFI Pool renounce ownership:
https://etherscan.io/tx/0x91678145bffe95b6edc4f55282af250c7d02df849588a7fe91b8f20c3a91374a

ETH-SFI Pool renounce ownership:
https://etherscan.io/tx/0x4015ddeb432b63cdcebbec7a418ab9f2224a7dfa7702559f965edd801adb05e9

Our yield farms has already started at 2020-10-17 10:00:00 AM UTC timezone.
https://i.imgur.com/yfsiAl7.png

The APY is very attractive at this moment! Don't miss!

 Welcome to join our community !
Twitter: https://twitter.com/SocketFinance
Github: https://github.com/socket-finance
Telegram: https://t.me/SocketFinanceOfficial
Discord: https://discord.gg/qEYfJK2
Medium: https://medium.com/@SocketFinance