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Author Topic: [ANN]⚡️DeFireX - Safe Yield Farming 🔸 DAI 🔸 ETH 🔸 USDC 🔸 wBTC 🔥 ~35% APY 🔥  (Read 1361 times)
wbich
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March 02, 2021, 11:22:09 PM
 #21


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
P9tosya
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March 03, 2021, 12:04:15 AM
 #22


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?
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March 03, 2021, 11:32:41 AM
 #23

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
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March 03, 2021, 12:52:29 PM
 #24

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!
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March 03, 2021, 06:37:13 PM
 #25

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

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AhmadM
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March 03, 2021, 07:17:06 PM
 #26

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
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March 03, 2021, 08:39:13 PM
 #27

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 Smiley

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March 03, 2021, 11:47:35 PM
 #28

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?
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March 05, 2021, 12:30:01 AM
 #29

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.

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March 05, 2021, 02:58:02 PM
 #30

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.

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wbich
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March 05, 2021, 06:48:15 PM
 #31

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
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March 06, 2021, 07:14:13 AM
 #32

If you work directly with Compound, what are the benefits of using your platform instead of Compound?
Digital_Seung
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March 06, 2021, 02:48:28 PM
 #33

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 Wink
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March 06, 2021, 10:03:10 PM
 #34

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?
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March 07, 2021, 10:21:40 PM
 #35

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 Smiley

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March 08, 2021, 09:44:51 PM
 #36

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 Smiley
Most average as you mentioned that low supply will have a high price but still there is a chance the contrary will happen
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March 09, 2021, 06:20:10 PM
 #37

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

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March 10, 2021, 11:06:44 AM
 #38

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.


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
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March 10, 2021, 09:06:37 PM
 #39

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?
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March 11, 2021, 03:02:46 PM
 #40

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
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