Exnetwork Invests in Farm XYZ, a Multi-Chain Staking Platform
Exnetwork announces its investment in Farm XYZ, a multi-blockchain, permissionless protocol for countless yield farm permutations. Farm.xyz also offers classic yield farm staking pools, with rewards in different coins and tokens. The company aims to become the category leader in the yield farming solution space by creating the most adaptive, easy to use product with the most wide spread chain support out there.
One common problem in crypto projects is the need for tools to create incentives for their users to HODL the coins, and building those solutions takes time and money. Farm.xyz offers whitelabel solutions to handle the needs of small and medium projects that want to move fast and deploy solutions in record time.
Introducing the $FARMX Token
Farm XYZ’s token will allow for DeFi staking, with staking pools open for $FarmX on a rolling basis. $FarmX holders can also stake to propose and vote on important organizational matters.
Here are just some of the options the company is building that each project owner can mix and match from a visual interface without writing a single line of code or building excel models of how it would work:
- Liquidity Provider token staking
- Pools with auto restaking + VIP only pools
- NFT boosters and reward farms
- NFT farms — stake NFTs get other NFTs or tokens
- Cross chain farms and Metaverse farms
- Permission-less launch pools
- Extensive support for different blockchains
- Extensive support for wallets so users can stake their coins from any app they use
- User friendly UI to configure and use all these options
- Easily configurable white-label solution that each project can deploy in seconds
- Reusable smart contracts to avoid deployment fees
- SDK so developers can integrate the interface in their app really easily
Here’s a look into their roadmap for 2022:
Get the latest news and updates from Farm XYZ:
Website: https://farm.xyz
Telegram: t.me/farmxyz
Medium: https://medium.com/@farmxyz
Twitter: https://twitter.com/farmxyz
Get to know Exnetwork Capital
Exnetwork is Philippines’ #1 crypto fund with strong ties to every major geographical crypto community in the world. It’s exceptional network include several DAOs, telegram communities, a leading validator, incubator, idea labs, gaming guilds and growth agency.
In 2021, we’ve seen an incredibly strong period for innovation at Exnetwork Capital, with a barrage of creative projects developed by builders, early adopters, and visionaries all looking to develop the next big thing in crypto. Exnetwork Capital aims to invest in a diverse group of projects that will surely disrupt the market.
Website: http://exnetworkcapital.com/
Medium: https://medium.com/exnetwork
Telegram: https://t.me/exnetworkpublic
