StarFarm Finance, A Generation Yield Farm and AMM Decentralized Exchange Is Preparing to Launch on Binance Smart Chain with New and Exciting Features

December 08, 2021 5:58 AM EST | Source: Vehement Media Private Limited

South Lake Tahoe, California--(Newsfile Corp. - December 8, 2021) - Binance Smart Chain, one of the world's fastest and most efficient blockchains, has grown to become one of the significant hubs of blockchain innovation due to its fast transaction speed, ease of use, and low gas fees. As a result, StarFarm finance, a next-generation yield farm and AMM built on Binance Smart Chain, is set to launch and disrupt the DEX sector with innovative and appealing features.

StarFarm Finance launch around December 12, 2021, with no presale or pre-mine for developers to promote transparency and fairness. From December 12, 2021, the native token, $STAR, a BSC-20 standard type of token, will be available for purchase on PancakeSwap.

The vault is an essential feature of STARFARM finance that distinguishes it from other AMMs. The vault manages all of the farm's deposited assets, and the vault's proceeds are used to buy back and destroy $STAR to increase liquidity on StarFarm Finance. A smart contract uses 60% of all daily income to add liquidity automatically. StarFarm Finance also has an automated burning mechanism in place, with 40% of daily proceeds used to buy back and burn $STAR, its native token.

STARFARM FINANCE also has an anti-whale security measure in place, with transactions exceeding 1% of total supply automatically rejected. As total supply grows, the ratio will be reduced via STAR smart contract.

StarFarm Finance aims to lead the next generation of yield farms and AMM on the Binance Smart Chain by introducing a novel harvest lockup mechanism. StarFarm harvest lockup is a unique rewards lockup mechanism designed to limit the harvest frequency and prevent farming arbitrage bots from pumping and dumping to avoid the classic pump and dump mechanism prevalent in today's cryptocurrency world. StarFarm Finance rounds out all of these features with a one-of-a-kind on-chain referral program that allows users to earn $STAR without depositing tokens. By referring other users to stake in farms or pools, you can earn 3% of their rewards in perpetuity.

STARFARM Finance appears to have worked on exciting features for the DeFi community and will also be launching an airdrop campaign on December 8th to reward the StarFarm Finance community. If you want to learn more about StarFarm Finance, you can contact them via:

Twitter: https://twitter.com/StarFarmFinance
Medium: https://starfarmfinance.medium.com/
Telegram: https://t.me/starfarm_finance
Telegram Ann: https://t.me/starfarm_finance_ann
Github: https://github.com/starfarmfinance
Gitbook: https://starfarm.gitbook.io/
Dapp: https://starfarm.finance/

Media Contact:
StarFarm Finance Fair Launch
Email: admin@starfarm.finance

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107059

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