DeFiFarms offers a variety of unique features through its use of NFTs to create more dynamic stakes on its platform.
Business Model: B2C
Revenue: $0
Employees: 51-200
Address:
City: London
State: England
Zip:
Country: United Kingdom
DeFiFarms offers a variety of unique features through its use of NFTs to create more dynamic stakes on its platform. DeFiFarms stakes are tied to transferable NFT’s rather than a user’s unique wallet address. This system allows users who provide liquidity for the platform to not only earn rewards but also earn value in the form of an NFT. This process is called NFT farming and adds a new dimension of possibilities for users on its platform. Users also have the option to unstake, in which case the NFT will be burned and the funds, in addition to any unredeemed rewards, will go back to the user’s wallet.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2021 | Seed Round | $160k | 1/2021 | Seed Round | 1 | - |
Jacob Joshua Jacob Joshua |
1/2021 | Seed Round | 1 | - |
Jacob Joshua Jacob Joshua |
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