CatDeFi
What is Yield Farming?
Yield farming also referred to as liquidity mining, is a way to generate rewards with cryptocurrency holdings. In simple terms, it means locking up cryptocurrencies and getting rewards. In some sense, yield farming can be paralleled with staking. However, there’s a lot of complexity going on in the background. In many cases, it works with users called liquidity providers (LP) that add funds to liquidity pools. What is a liquidity pool? It’s basically a smart contract that contains funds. In return for providing liquidity to the pool, LPs get a reward. That reward may come from fees generated by the underlying DeFi platform, or some other source. Some liquidity pools pay their rewards in multiple tokens. Those reward tokens then may be deposited to other liquidity pools to earn rewards there, and so on. You can already see how incredibly complex strategies can emerge quite quickly. But the basic idea is that a liquidity provider deposits funds into a liquidity pool and earns rewards in return. Yield farming is typically done using ERC-20 tokens on Ethereum, and the rewards are usually also a type of ERC-20 token. This, however, may change in the future. Why? For now, much of this activity is happening in the Ethereum ecosystem.
What is CAT DeFi?
Every CAT holder automatically receives their share of the fee in their eth wallet directly.
Introduction
CATDeFi may be a yield farming service that gives multiple rewards at a time including USDT stable rewards. it’s a governance system that provides full control to the community. those that stake governance token are rewarded for contributing to the success of the project. CATDeFi maybe thanks to making more crypto together with your crypto. Every investor invests and stakes their crypto within the CatDeFi platform they monthly get 2% of the entire fee. it is a dual behavior therapy and multiple rewards mechanisms make it more flexible and attractive. From now onwards, CAT isn’t only a token, it represents the entire CATDeFi protocol during this paper.
CAT DeFi Features
Own Liquidity Pool
Uniswap Liquidity
Governance
Lending
Token Sale
CatDeFi is a Staking and Yield Farming decentralized staking platform that provides passive income to its investors. You can buy CatDeFi token on its Website: https://www.catdefi.org/#tokensale
Token Information
Information:
Website: https://catdefi.org/
Twitter: https://twitter.com/catdefiorg/
Reddit: https://reddit.com/user/catdefi
Telegram: https://t.me/catdefi/
Facebook: https://facebook.com/catdefi/
AUTHOR
Bitcointalk Username: Sergio Ramos
Telegram Username: @SergioRamos9
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2852530
Wallet address: 0xFB647bdD7f4486F7871b3fb0df759bC63Ba49Ed5
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