Introducing iFarming Finance, That Connects With The LEADING DEFI Protocols

Cheng Lai
iFarming
Published in
4 min readNov 16, 2020

Yield farming became a trending investment product after the yearn finance and Uniswap outperform. It’s true that yield earning could make huge changes in the crypto sphere. It may require some changes in smart contract audits and how they appear to mass people. Not every decentralized product gonna outperform, but the project who has an experienced team member and an original vision to create organic passive income for investors will have a good impact. It will also require more than one working product like the project won’t sustain unless it has other use cases other than yield earning. There we go, introducing iFarming Finance and its erc20 token IFY that will have multiple working products for DeFi as well as pay the highest return on investment by yield farming.

IFY Finance Brief

The iFarming Finance (IFY) is developing a unique platform that allows anyone to provide liquidity and to be rewarded with IFY tokens, at the same time maintaining both token price stability and secure and simplified DeFi for everyone.

IFY Finance is an automated DeFi investment service platform that will allow users to earn yields across a variety of DeFi products in a risk/reward optimized way. It aims to bring more users to the DeFi landscape by making yield farming easily accessible to users. Yield farming today presents users with a high barrier-to-entry, cost, and risk. IFY Finance solves these pain points by giving users a low-cost frictionless way to pool their liquidity and allocate it across a portfolio of strategies. By pooling liquidity, the platform routes the funds in one transaction to the largest and greatest yield farming strategy, thereby saving gas fees for users. The platform launch is planned for December.

iFarming Features

IFY is part of the larger trend of decentralized finance: an industry that is focused on building decentralized financial instruments on top of existing smart-contract-enabled cryptocurrencies. These instruments include cryptocurrency lending, insurance, decentralized exchanges, and other use cases. IFY farming smart-contract offers latest-and-greatest yield farming strategies by continuously routing your funds to a portfolio that best suits.

Yield Farming

Yield farmers only require to deposit their crypto using our smart-contract, then iFarming handles everything it takes to get the highest yield earning in the market.

Liquidity Mining

Liquidity providers earn standard rewards in addition to bonus IFY reward.

Profit Management

Crypto investment involves high risk, however, we are continuously building a strategic framework to cut down these risks and adjusting investment liquidity distribution to keep users earning the highest yield.

NFT Farming/Trading

Easy farming by holding or trading limited edition Non-Fungible tokens (NFT) issued by iFarming and air-dropped to the community. Users can get these NFT in auction or airdrop. We use OpenSea API SDK.

Governance (Vote)

IFY ecosystem is fully community-owned. Users can propose and vote on any system parameter. Users are incentivized with the IFY governance token to keep strategy models up-to-date with the latest DeFi developments.

Buy Back & Burn

Token price stability is a major concern in most DeFi projects, therefore, we prioritize buyback and burn IFY to make the price highly stable, secure, and simple for day to investors.

Token Metrics

IFY contract address: 0x5CD5a1042a9B0656f747E49CD33aAD262Fa04E7D

IFY Allocation

  • 500,000 IFY have been minted at genesis (max supply)
  • 60% community: 300,000 IFY for the community, LP, staking reward
  • 20% investors: 100,000 IFY for presale to early investors
  • 16% development: 80,000 IFY for future development and marketing
  • 4% team: 20,000 IFY for team members and workers

Team Members

A decentralized talent pool and a global partner network of blockchain engineers & enthusiasts working on the specific needs of an ever-changing industry landscape to build the best DeFi product for the community. We have a highly experienced team with a proven track record — worked for Google, IBM, Alibaba, ByteDance, Baidu, Tencent, Pinduoduo, NEO, Monero, and more.

Token sale info

A total of 100,000 IFY token will be sold. The private sale was successfully ended with all allocated token (20,000 IFY) sold out. In presale 80,000 IFY is available in 3 different phases. Any unsold token will be burned. Currently, presale phase 1 is open, you can buy it here.

  • Max supply — — — — — — — — — 500,000
  • Private-sale — — — — — — — — — 20,000
  • Pre-sale — — — — — — — — — — — 80,000
  • Unsold token — — — — — — — — be burned
  • Phase 1 price — — — — — — — — 0.004 ETH
  • Phase 2 price — — — — — — — — 0.00666 ETH
  • Phase 3 price — — — — — — — — 0.01 ETH
  • Listing price — — — — — — — — 0.01333 ETH

How to buy IFY in presale?

IFY token presale is automatic through smart contract, send ETH to the token contract address, you’ll get IFY token back to your wallet immediately. Use any erc20 compatible wallet to buy IFY. We prefer Trust wallet and Metamask.

Send ETH to contract address:

0x5CD5a1042a9B0656f747E49CD33aAD262Fa04E7D

or visit the presale website here and follow the instruction.

Exchange listing

The exchange listing expected date is December 5. IFY will be listed on Uniswap, Bithumb, GateIO, Hotbit, MXC, and Probit within one week of the first listing. Starting with Uniswap and Bithumb, we aim to be listed in over 5 exchanges in the first month.

Would you like to be an early investor?

Every good investment starts with day one, you should not miss the chance to be an early IFY holder and get the maximum potential of all of its DeFi products. Purchase IFY now.

Join iFarming official telegram if you need more info or general chat.

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Cheng Lai
iFarming
Editor for

Building blockchain-based application from using smart contracts on Ethereum chain. Worked for Google, NEO, Tencent & more.