Yield Farms for the Alpha Quadrant
The Fantom Assimilation mission is continuing successfully, with each successive Yield Farm focusing on a different set of liquidity providers:
The Rules of Acquisition Go Warp Speed
Assimilate.Finance started on Ethereum, expanded to Binance Smart Chain and now the Fantom Assimilation is fully underway.
Ferengi Vaults pulls from some of the best projects on the #Fantom Network:
Lower Fees and Quicker Transactions Going at Warp Speed
Fantom is a parallel blockchain that is strikingly similar to Ethereum, except that it is secured by the aBFT consensus algorithm which allows it to scale higher, process more transactions per second and provide transaction confirmation in 1–2 seconds.
BORG-LPs on #BinanceSmartChain
Here were the phases of deployment outlined in the beginning of March:
Additional Layers Add Depth and Game Theory
Yield Farming is profitable on BSC, but the most profit in the Yield Farm is at the inception, the point at which the earnings start flowing and people decide if they are going to compound, or sell off.
This is why BORGSWAP is…
Since the introduction of the BORGSWAP Yield Farms, we have farmed more than 100 $KLING to the community. While most Yield Farming tokens have been subject to inflation that has dropped price, $KLING has appreciated in price.
To maintain scarcity, we have burned the KLING Minted to the Original Deployer (100x $KLING). This has ensured that we keep our total KLING supply low.
BORGSWAP has been on the Assimilate.Finance roadmap since the origin of the project. BORGSWAP is both a swapping and Yield Farm dApp designed for all projects in the Alpha Quadrant (Assimilate.Finance Ecosystem).
We will deploy BORGSWAP in a Phased Deployment:
Since our last update, we have released the Ferengi Vaults and expanded the ecosystem to include BSC (Binance Smart Chain).
The Ferengi Vaults have added the most recent capability which is Bank-based lending of Gold Pressed Latinum (GPL) for EARS Reward Tokens.
Here is an overview of the tokens available for staking in the vaults.
The Ferengi Vaults have added staking options for additional crypto and DeFi token pairs:
The ability to stake with crypto pairs is unique to BSC in that Binance supports many of the top #10 crypto market assets in a wrapped form, allowing them to circulate freely on the Binance Smart Chain without needing a bridge to support them.