UniFarm was a grand success and a good start of the month. $415K worth of tokens got locked up in just 20 minutes.
Why and how did cohort one prove to be so special? We discussed this in our recent blogpost The Founder’s Perspective for The Future of Farming, where founders of the 5 massive projects taking part in UniFarm shared their experience.
After this grand success and seeing the overwhelming response you gave to the UniFarm, we are so excited to inform you that UniFarm Cohort 2 is around the corner and it’s closer than you think!
This time, 6 of the most incredible projects around are joining UniFarm for an even bigger and better pool.
Projects Participating in UniFarm Cohort 2
The 6 projects that are going to be the part of UniFarm Cohort 2, include:
Matic Network is a renowned Layer 2 scaling solution that utilizes sidechains for off-chain computation to ensure asset security using the Plasma framework and a Proof-of-Stake validator. Their aim is to solve the scalability issues without compromising on decentralization.
Nord Finance is a blockchain agnostic platform that focuses on simplifying the DeFi products for users. It is mainly deployed on the Ethereum Network but integrates multi-chain interoperability.
Terra Virtua is the world’s first immersive digital collectable platform that offers amazing digital merch from some of the major names in the entertainment industry.
Router Protocol is one of the best cross-chain liquidity aggregators. It aims to build a suite of cross-chain liquidity infra primitives to provide bridging infrastructure between current as well as emerging Layer 1 and Layer 2 blockchain solutions.
Zeroswap is a multi-chain protocol with yield farming, DeFi token offering, as well as DEXes aggregation. The renowned protocol rewards users every time they make on on-chain trade. Not only this, they even provide liquidity to existing DEXes so that all the transactions would be gasless with zero trade fee.
OpenDefi provides 100% asset-backed banking without the insidious, hidden charges and time-consuming tedium that come with traditional banks. Through their Fiat on-ramp OroPocket, users can invest in multiple asset classes, grow their wealth, enjoy 100% liquidity—all on Blockchain, with a simple app.
How Does the UniFarm Cohort 2 Work?
Let’s say; you stake $MATIC tokens.
You farm $MATIC tokens only.
You farm $NORD in addition to $MATIC.
You farm $TVK in addition to $MATIC and $NORD tokens.
You farm $ZEE in addition to $TVK, $MATIC and $NORD tokens.
And so on.
The Benefits of Staking on UniFarm Cohort 2
- Users can stake any one or more of their holdings from the above tokens.
- Users can unstake anytime. However, it will reset their clock to 0.
- The UniFarm Cohort 2 Pool will last for 90 days.
- Users will get a minimum APY of 56% and a maximum APY of 300% depending on how long they stay staked.
- Total reward pool size is $150K, with $25K per project.
- Per project tokens worth $350K can be staked.
SAVE THE DATE
February 13, 2021 @ 7 PM IST | 1:30 PM GMT