If you are a crypto-enthusiast, then you must know about the decentralized protocol that has been booming lately. Decentralized protocol or commonly abbreviated as DeFi is a protocol that allows people to stake, lend, borrow, and farm easily and quickly without the need to register or KYC. Experts say that this protocol will develop in the future, in line with the development and penetration of cryptocurrencies in everyday life.
DeFi is a protocol that allows people to maximize their profits in the crypto market. With various DeFi features and solutions such as a stake, it allows people to stake their tokens and get rewards according to the amount of their contribution. But that is only one of several DeFi features that users can use to maximize their profit.
Scarcity Defi : Yield Farming Service That Offers Multiple Rewards
ScarcityDeFi is part of this very potential DeFi market. This is a yield farming service platform that offers multiple rewards at a time including USDT stable rewards. Similar to the DeFi platform in general, ScarcityDeFi allows token holders to be able to participate in the platform government by voting.
Just like other DeFi platforms, ScarcityDeFi provides features such as staking, lending/borrowing, yield farming, and governance, which users can use without registering or KYC. But what is special about ScarcityDeFi is its yield farming feature which can provide multiple rewards to users, USDT stable token, and LP token with a guaranteed return of 100% to 600% APY at ETH / SCARCE LP, even more rewards in other pairs.
Scarcity Features
- Yield Farming : Allows users to yield farming with multiple farming rewards including USDT stable token.
- Locked Liquidity : All SCARCE liquidity provider tokens are locked, which is intended to protect the user's investment.
- Getting SCARCEr : SCARCE token getting scarcer by burning 4% token every time anyone interacts with smart contracts.
- Limited Supply : Scarcity plans to issue only SCARCE tokens with a limited supply of only 9999 tokens.
- NFT Insurance : Users can issue/buy collateralized insurance NFT that guarantees to pay rewards as well as gives back the fund upon redemption.
- Security : Security is a top priority. Scarcity designed the platform to operate safely.
Scarcity Token
Scarcity plans to issue tokens under the names SCARCE and ySCR, which are Scarcity's native tokens that have different functions. SCARCE is a non-inflationary token Erc-20 with a supply of only 9,999. Meanwhile, ySCR is the ERC-20 Governance token for the SCARCE economy with a supply of only 1,800.
The plan is that Scarcity allocates 9,994% (4,999 SCARCE) for community rewards, liquidity, staking, and farming. Only 40% of tokens (4,000 SCARCE). And only 10% of tokens (1,000 SCARCE) are for the team members.
In Conclusion
Experts predict that the DeFi sector will further develop as the crypto market develops in the future. Scarcity is a DeFi platform that provides DeFi solutions to users, such as multiple farming rewards including USDT stable token, which is very profitable for users. It is hoped that with Scarcity there will be many people who can participate and feel the benefits of crypto.
Keynotes
- ScarcityDeFi is a yield farming service that offers multiple rewards at a time including USDT stable rewards.
- ScarcityDeFi has a governance system that gives full control to the community.
- SCARCE loves rewarding its users and hodlers.
- SCARCE getting scarcer by 4% token burn when the user interacts with the smart contract.
ACCURATE INFORMATION
- Website : https://scarcitydefi.org/
- Lightpaper : https://scarcitydefi.org/SCARCE-wp-v0.1.pdf
- Telegram : https://t.me/SCARCEchat
- Twitter : https://twitter.com/DeFiScarcity?s=09
- Whitepaper : https://scarcitydefi.org/SCARCE-wp-v0.1.pdf
- Source Code : https://docs.scarcitydefi.org/source-code/
- Executive Summary : https://docs.scarcitydefi.org/
- Github : https://github.com/scarcitydefi/ScarcityDeFi
AUTHOR
- Bitcointalk Username : Ris88
- Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=742331
- ETH Wallet Address : 0xa9826b1d63a550E5fC6A5a6e351224E07195fD95