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Author Topic: HornyFarm: The most NSFW farm on the BSC  (Read 812 times)

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Nsatsdja

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HornyFarm: The most NSFW farm on the BSC
« on: 13. April 2021., 21:35:28 »


Introduction

The advancements in technology bring about disruption in the market flow and are identical in the case of blockchain as well. DeFi is the best product of blockchain and cryptocurrency so far. It revolutionized the way how people looked at investments. Though the traditional fiat currencies served as a medium of exchange and store of value, there were some discrepancies. Nationalized banks or governments control fiat currencies, and when a country undergoes an economic recession, its value might drop. This created a need for another medium of exchange or investment methods that is 100% decentralized and easily accessible for the people from underdeveloped nations.

Problem statement

Though cryptocurrency seems to be widely adopted, only 0.6% of the total world’s population is aware of cryptocurrency, and only they use or hold crypto. Two significant reasons hinder the mass adoption of cryptocurrencies, the unsustainable ecosystem and the volatility of crypto assets. Since the crypto market is kept open for trade 24x7, unlike the traditional market, volatility is high. As an individual, you cannot watch out for the price drop to prevent loss. When the price is not stable, the practical implementation of cryptocurrency for purchasing goods and services becomes highly impossible.

HornyFarm — The potential solution

HornyFarm is a DeFi and NFT ecosystem deployed on top of the Binance Smart Chain with many features that take the fruit of DeFi to the end users, as Hornyfarm is developed in a customer-centric way. HornyFarm envisions the stability of cryptocurrency through HORNY, a crypto token based on deflationary and burning mechanism. When the excessive coins are burned, they are taken out from circulation to create demand in the market; when there is more demand, the token price will benefit the token holders. With HornyFarm, the users can cater to their financial needs through the proper use of DeFi protocols. The investors can farm their tokens for a chance of receiving unique and stress-relieving NFTs. NFTs are nothing but Non-Fungible Tokens, i.e., the tokenization of the real-time assets. The assets can be anything, including an art piece. The rarer the asset you create, the more will be the demand for the asset. These assets can then be sold in various NFT marketplaces to get a good yield. HornyFarm made NFT partnerships with Porn stars, fans, Instagram models, and escorts.



The mission of HornyFarm is to become the potential solution for cryptocurrency’s volatility by maintaining a sustainable and increasing price floor. What you earn from HornyFarm is far more than what traditional banks offer. With HornyFarm, you can put your crypto asset to work to earn a good APY instead of making them sit idle in the cryptocurrency wallets. The longer you hold the HORNY tokens, the more you will be incentivized.

Why BSC?

Ethereum network was the root cause of the DeFi revolution, and so almost 91% of the total coins in the market are of ERC -20 standard. This increases the ethereum network’s workload, creating network congestion and resulting in the escalation of a gas fee. The high transaction fee associated with DEX activities gradually took away DeFi from the hands of individual and home-based traders. To solve this issue, HornyFarm’s decentralized applications are deployed on top of the Binance Smart Chain (BSC), as it is relatively less congested and transactions are cheap and lightning-fast. For every second, BSC is capable of producing three new blocks.

HornyFarm — Rug pull migratory code removed

When an ecosystem is forked from another well-established one, the forked one inherits the migrator from the original one, potentially threatening. These migrators act as a back door through which the developers can take away the staked assets. It does not mean that they will take away the assets for sure, but they have the power to do it through the rug pull migrator codes.

Since HornyFarm is a modified fork of Goose finance, there might be a migrator code initially. But HornyFarm is so concerned about its users’ asset safety, and the migrator code has been removed. Thus, users can enjoy a safe and 100% decentralized trading experience while having complete control over their assets.

HORNY — A revolutionary token

HORNY is a BEP-20 standard token based on the deflationary and burning mechanism to keep its value intact. On every transaction, 6.9% of the HORNY is burned to reduce the circulating supply. This increases the demand, and the value of the token will never fall off. HornyFarm also conducts frequent token buyback programs to keep the supply constant. There are only 21 million bitcoins in circulation, which makes BTC the leading cryptocurrency. So, the key characteristics are the burning of HORNY. Burning is nothing but sending the tokens to an address form that no one can access to introduce scarcity.

Website: https://hornyfarm.xyz/
Telegram: https://t.me/HORNYFARMCHAT
Twitter: https://twitter.com/HornyFarm

Source:
https://mrhornymarketer.medium.com/the-most-nsfw-farm-on-the-bsc-5e21684bc93b


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HornyFarm: The most NSFW farm on the BSC
« on: 13. April 2021., 21:35:28 »

 

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