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Farmix

Farmix is a leverage yield farming platform based on TON blockchain. User earn 10 OL Points for every $20 staked in Farmix.
What is Farmix?
Farmix is a decentralized finance (DeFi) protocol operating on the TON blockchain, designed to enhance farming yields and increase the total value locked (TVL) within the TON ecosystem. It allows users to leverage their positions in farming tokens, thereby amplifying potential rewards.
How Does Farmix Work?
Farmix enables users to open leveraged farming positions on TON decentralized exchanges (DEXs). Users can stake tokens with high liquidity, such as TON, USDT, NOT, SCALE, and STON, into Farmix pools. Farmers can then borrow these staked tokens with leverage up to 3x, placing collateral in the form of supported tokens. An oracle system monitors positions to prevent bad debt by liquidating positions if token prices fall below a certain threshold.
What Makes Farmix Unique?
Farmix stands out by offering leverage in yield farming on the TON blockchain, allowing liquidity providers to potentially increase their yields by 2 to 2.5 times. The protocol's fee structure allocates earnings to liquidity providers, token buybacks and burns, the protocol vault, and the development team, fostering a sustainable ecosystem.
Who Are the Founders of Farmix?
Specific information about the founders of Farmix is not readily available in the provided sources.

Latest News

What Key Events Have There Been for Farmix?
Farmix was listed on November 18, 2024, and has since achieved a total value locked (TVL) of approximately $111,010, with $69,848 on the TON chain and $41,163 in borrowed assets.
Project Announcements
Farmix aims to increase the TON TVL by $10 million and achieve 100,000 monthly active users by the end of 2024.

Upcoming Events

No data

Projects Announcements

Where to Buy Farmix?
Information on specific exchanges where Farmix tokens can be purchased is not available in the provided sources.
Farmix Price
Daily Trading Volume
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All-Time High
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All-Time Low
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Market Cap and Valuation
Market Cap
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Fully Diluted Valuation
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Farmix Price Prediction
Currently, there are no available forecasts from reliable experts or publications regarding the future price of Farmix.

FAQ

What is the Purpose of Farmix? jiantou jiantou

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What Sets Farmix Apart from Competitors? jiantou jiantou

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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