Introducing The Greenhouse Farm
The Greenhouse is the first automatic liquidity acquisition yield farm on Fantom Opera.
It might look to you like just another yield farm… but it’s not quite that. Unique burn features from other platforms were mixed and merged to provide the ultimate farming experience.
DeFi is the future and in order to maintain its value, diversification and combat against monopoly is crucial. That’s why we believe that supporting alternative blockchains, attracting new users and spreading the weight evenly across all DeFi will help maintain its value and will ensure that DeFi fulfills and hopefully exceeds the potential it holds today.
Greenhouse Farm
The idea is to combine the best features already launched in yield farming and bring it to the Fantom Opera blockchain.
We peeked under the hood of the most successful farms and extracted the most important bits and pieces which will allow us to create a healthy and stable ecosystem.
Our smart contracts are based on Pantherswap with few minor adjustments. One of the migrated features is an Anti Whale mechanism, which means that any transfer of more than 0.5% of the total supply will be rejected. As the total supply grows, this ratio might be reduced.
In order to create safe and rugpull-free experience for everyone, no migrator code was included in any of the smart contracts.
Token deposits or withdrawals to the pools are not subject to this restriction.
You will be able to view the max transfer amount on our website, as shown on the example below:
We’re planning to launch the farm in the next couple of days (for precise updates and initial LP-pools list, which will be announced soon, follow us on Telegram and Twitter).
Tokenomics
- Total supply: unlimited
- Listing price: 5 FTM
Emission Rate
During the first 36 hours 7 tokens per block will be minted. After that, we will lower emission by 1 token every 36 hours until we reach a level of 1 token per block.
Taxes and Fees
- Staking LP fee 4%: 2% goes to dev wallet, 2% goes to burn wallet
- Token transaction fee 5%: 1% goes to burn wallet, 4% is added to LP Pool and locked
- Emission tax 10%: all goes to dev wallet for future platform improvement
Swap and Liquify
One of the key features we maintained in our smart contract are listed above few burn mechanisms, the most important one being the 5 % transfer fee, of which 80% will be dedicated to provide further liquidity. This will stabilize the token and push its price up as the emission continues.
Future plans
Honesty and realism are unfortunately often missing in such projects and they’re being taken over by naive optimism and empty promises. It usually ends up with disappointment, so let’s not do that, and let’s be upfront about it.
Eventually we’d love to implement features like lotteries but it all depends on what kind of community sentiment this project is going to receive.
For more near future plans we’re certain to extend the list of available farms as soon as possible. When deciding which farms those should be, we will surely take into account opinions and suggestions of our Twitter followers and Telegram members.
We also invite and encourage other projects to get in touch with us for potential partnerships.
That’s it for now guys. Make sure to follow us on Twitter and join our Telegram to not miss out on anything.
Links:
Telegram: https://t.me/thegreenhousefinance
Website: https://thegreenhouse.finance/
Twitter: https://twitter.com/ThegreenhouseF