Hello fellow community members of Seedify.fund!
Today we got a new exciting partnership to announce with TosDis, regarding the Seedify.fund (SFUND) liquidity mining program. TosDis is a staking & liquidity mining as a service platform, who recently launched their liquidity mining program service at Binance Smart Chain on top of the Ethereum service they are already providing.
TosDis' platform enables a DeFi as a service platform for blockchain organizations who want to provide staking, yield farming and liquidity mining programs, with their security audited smart contract based service, to eliminate time and resources spent on DeFi mechanisms, and helps organizations to launch their DeFi systems effectively.
Through partnering with TosDis, Seedify.fund will enable it's yield farming/liquidity mining program to be available from the first day of our market release at Pancakeswap, the most popular decentralized exchange at Binance Smart Chain.
Through this partnership liquidity providers (yield farmers) who put liquidity at pancakeswap on SFUND-BNB pair, will be able to earn extra SFUND rewards through staking the LP tokens at TosDis' platform.
***The LP tokens will be liquidity provider tokens you get from providing liquidity to SFUND-BNB pair at Pancakeswap.
The rewards for the liquidity mining program will be:
- First 3 months: 1.500.000 tokens each month will be available for liquidity mining rewards
- Next 2 months: 1.000.000 tokens each month will be available for liqudity mining rewards
- Next 5 months: 500.000 tokens each month will be available for liquidity mining rewards
These rewards will be divided among all the liquidity providers who are staking their LP tokens at the SFUND pair part on TosDis' web app.
Through these yield farming rewards, impermanent loss which is a byproduct of liquidity mining will be diminished, and those who are providing liquidity at Pancakeswap for SFUND-BNB pair will be earning SFUND rewards each block. The SFUND rewards will also incentivize yield farmers to provide larger amounts of liquidity and thus diminishing pair volatility.
Also, by launching this liquidity mining program from the get go through the partnership with TosDis, as Seedify.fund, we will be able to focus fully on developing our DAO and project proposals platform, so we can release our core utility, which is "seed funding blockchain innovations through decentralized voting", and "incubating them through community-involvement mechanisms". Also we will be able to provide our staking system sooner, whereby stakers will be able to earn tokens from all projects that Seedify.fund funds.
More details on these aspects can be found on Seedify.fund whitepaper, and recent Publish0x article on the Unique Benefits of Seedify.fund Ecosystem.
While distribution period for community rewards are closing in, and we are getting ready to release SFUND to the market, we are excited for this beneficial partnership with TosDis, and would like you to check out their platform as well!
As Seedify.fund we will continue to work on partnerships with projects and organizations that will add value to our product ecosystem and community!
To check out TosDis' website:
TosDis DeFi as a service platform:
TosDis Security audits:
Also, for updates on TosDis:
Twitter: https://twitter.com/TosdisFinance
Telegram Group: https://t.me/Tosdis
Telegram Announcements: https://t.me/TosdisAnn
Medium Blog: https://tosdis-fi.medium.com/
To check out Seedify.fund website:
For Seedify.fund whitepaper:
https://docs.seedify.fund/whitepaper
Also, for updates on Seedify.fund follow:
- Telegram Announcements: https://t.me/seedifyfund
- Telegram Group: https://t.me/seedifyfundofficial
- Twitter: https://twitter.com/SeedifyFund
- And follow this blog!
