After a successful launching of the Telos (TLOS) ERC20 Token on the Ethereum Blockchain via Uniswap Listing, from a token-sale in Bounce.Finance, this comes another opportunity given to all community members and token-holders to enjoy. The constantly changing APR percentage (%) would be based on the number of people farming.
FarmingBad.Finance is a decentralized and innovative DeFi protocol. METH is its system token, and if you are a fan of Breaking Bad, you will notice that it is more than just the ticker that has been themed on the award-winning Netflix series.
FarmingBad gives you the opportunity to put your Uniswap Liquidity Pool tokens to work (you receive these tokens in exchange for adding liquidity (TLOS & ETH) to the liquidity pool on Uniswap, and deposit them on Uniswap when you want to withdraw your liquidity).
When you add your LP tokens to the pool on FarmingBad you are able to claim rewards in TLOS, a total of 2Million TLOS are available to be farmed over 60 days.
For more information regarding this opportunity to earn from staking thru yield farming, please visit the website for official announcement.
To give everyone a glimpse in participating of this wonderful opportunity, here are the simple steps.
Please check the official website of FarmingBad.Finance
Check the Telos Foundation's Latest Tweet.
Note: I personally get skeptical when I read and encounter programs with the term "High-Yield" because of the previous HYIP (High-Yield Investment Programs) or similar to ponzi schemes before. Though I will stick to the term stated here since this phrase "High-Yield" could either "make-it" or "break-it". It would really just depends on the legitimacy of the blockchain these new kinds of De-Fi projects are running through. DYOR is always a must.
When you checked the latest announcement on the Official Telos Website, you will be able to read at the bottom part this statement:
This isn’t staking, so there is no defined lock-up period. This means you can claim your share of the rewards anytime by clicking the ‘Harvest’ button – allowing you to compound your gains by adding these tokens back into the pool.
I am Fycee, an APPICS dApp Senior Ambassador and one of the Telos Marketing Team, posting this announcement from the website. Not sharing a financial advice but let's always Do Your Own Research (DYOR)
Thank you for reading
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About me, the author
•Currently One of the Marketing Team of The Telos Network and just recently joined the Website Content Development Team.
•Currently a very active Senior Ambassador in APPICS who placed within the Top 10 in the past 5 months in a row landing the 2nd Top Spot last November 2020.
•One of the Pioneer Content creator here in Publish0x