Razor Network Announces Second Edition of $RAZOR Farming Campaign on Dfyn Network
360,000 $RAZOR and 12,760 $DFYN tokens as rewards.
The completely decentralized oracle solutions provider for DeFi applications, Razor Network, offers an exciting earning opportunity for its community by launching an attractive farming program with 360,000 $RAZOR and 12,760 $DFYN tokens as rewards. The new campaign involves the launch of two new farm pools on the leading Polygon-based AMM platform, Dfyn Network, on 7th October 2021, where users can participate in $RAZOR-$ETH and $RAZOR-$DFYN Ecosystem and Dual liquidity pools.
Thirty Days of Earning, No Upper Limit
The new farms on Dfyn will be open for a duration of 30-days, with no upper staking limit and lock-in period on tokens added to the farming contract. The two $RAZOR farms on Dfyn Network are Ecosystem Farm supporting $RAZOR-$ETH liquidity pairs and the Dual Farm for $RAZOR-$DFYN pairs. Razor Network has set aside 240,000 $RAZOR tokens as farming rewards for the Ecosystem Farm and another 120,000 $RAZOR tokens along with 12,760 $DFYN tokens for rewarding participants in the Dual Farm.
The total rewards for the second edition of $RAZOR Ecosystem farming is twice the amount allocated during the first iteration of the $RAZOR Farm campaign on Dfyn Network. Similarly, the number of $DFYN rewards available to Dual Farm participants has gone up by 1,760 tokens this time.
$RAZOR Farms on DFYN Network
- Start date: 7th October 2021
- Lock-In: No
- Duration: 30 days
- Staking limit: No limit
- Reward: 240,000 $RAZOR
- Chain: Polygon
- Exchange: Dfyn DEX
- Start date: 7th Oct 2021
- Lock-In: No
- Duration: 30 days
- Staking limit: No limit
- Reward: 120,000 $RAZOR, 12,760 $DFYN
- Chain: Polygon
- Exchange: Dfyn DEX
$RAZOR token address on Matic: 0xC91c06DB0f7bFFba61e2A5645CC15686F0a8c828
A Second Chance to Earn Farming Rewards
The launch of two $RAZOR Farms on Dfyn Network offers a second chance for those community members who missed out on the opportunity to earn farming rewards the first time. Meanwhile, those who have been part of the first campaign can still participate in the latest edition to earn additional rewards.
To participate in $RAZOR Farm, users should deposit both the tokens supported by any liquidity pair in equal value. Once the tokens are deposited into the farming contract, they will officially start farming and start gathering rewards. Those depositing more tokens to the liquidity pool stand to earn more rewards, whose distribution will be proportional to each individual’s share in the pool.
Razor Network has already published a step-by-step guide to participating in farming activities on Dfyn Network in a blog post which can be accessed here. By following the detailed guidelines, users can connect their Metamask wallet, transfer assets from Ethereum mainnet to Matic mainnet and subsequently fund the farming contracts to start earning rewards.
Meanwhile, those who are already part of $RAZOR farms on Dfyn Network should withdraw funds from the current farms and add liquidity to new farms by depositing their LP tokens to become eligible to earn rewards from the new campaign.
About Razor Network
Razor Network is a truly decentralized Oracle platform for Decentralized Finance. We are working on next-gen oracle systems. Razor Network is a blockchain agnostic decentralized oracle network focusing on Maximum game-theoretical security, complete decentralization, and being fully permissionless. Razor network uses a sliding court mechanism where any result of the oracle can be disputed iteratively. This can thwart any attack that can happen on the Oracle. Razor achieves this while still being fast and practical for Decentralized Finance.
Being blockchain agnostic, we have already partnered with many blockchains such as Polygon Network, SKALE, Algorand, Elrond, Conflux, Persistence, etc.
