Thinking to start Yield farming? Check with Vox Finance

Developers in the trading world thought of a big revolution. Can you make any guesses on what it was? Yield Farming emerged as the greatest driver of the decentralized finance (DeFi) explosion in 2020 and a revolution in the trading world.

Yield farming is a major step to develop in the world of cryptocurrency. It is a way to make more crypto with your existing cryptocurrency.

It involves you lending your funds to others through smart contracts. Let us assume Yield farming as traditional farming where you cultivate more cryptocurrencies with existing cryptocurrency.

If you are a cryptocurrency investor, you must have heard about Pancakeswap, Yearn Finance, Uniswap, Aave, and many more. Some of them are even known to provide attractive APR rates and other benefits.

Here, we have another platform that is known by a large number of investors and is known to provide attractive benefits. Dive into this article to find out more about Vox Finance.

What is Yield Farming?

Yield farming is a method of allowing crypto investors to lock up their assets in exchange for rewards. It’s a method that allows you to earn fixed or variable interest by investing cryptocurrency in a DeFi market.

In layman’s terms, yield farming is the practice of lending cryptocurrency to others through the Ethereum network. The amount lent out is repaid with interest when loans are made through banks using fiat money.

The concept is the same with yield farming: a cryptocurrency that would otherwise be sitting in an exchange or a wallet is lent out via DeFi protocols (or locked into smart contracts in Ethereum terms) to earn a profit.

Vox Finance and Yield Farming

Vox Finance is an independent team of developers that aims to bring a novel approach to the expanding market through the provision of quality and cost-effective services to multi-blockchain, decentralized finance projects (deFi).

The vision of Vox Finance is to link yield farming, staking, community governance, lending, and decentralized exchanges under one roof — the VOX financial system. Their concept encourages users to invest in the platform and provide liquidity for the whole crypto community. For instance, Uniswap users are paid mining fees to mining companies, which can redistribute the fees to all interrelated exchanges within the blockchain.

Characteristics of Vox Finance:

• Vox has recently launched its staking pool on Polygon
• Provide high APR rates for early joiners
• Provide attractive rewards on Ethereum, BSC, and Polygon
• Vox Finance provides over 65% APY and attractive rewards to the investors
• Have also launched NFT Gaming that provides a plethora of opportunities to play and earn
• Provide a maximum of 450% APY on yield farming!

Vox Finance intends to give everyone a platform for fair and decentralized profit generation, borrowing, loaning, and profit-making. The team is also dedicated to improving the platform by creating a low token supply coin with a unique mix of minting & burning.

The objective of Vox Finance

The main objective of Vox Finance is to democratize investments by developing an all-encrypted assets-based financial system. Their characteristics are designed to “get a fair and decentralized capacity for each individual to create, borrow, lend and earn money.”

Vox Token

The Vox token is only given to participants in the staking pool in a 1:1 ratio. When withdrawing from the pool, the user will need to burn the same amount of Vox tokens for a successful withdrawal.

Vox token holders will be incentivized to keep staking by having special private farming pools that will pay out rewards in the form of tokens of prominent new and already existing crypto projects/platforms.

Multi-Chain Ecosystem

The main focus and vision of the Vox Finance project are to build a sustainable and truly multi-chain yield-farming platform where users from a multitude of blockchains can access secure & reliable yield-farming services easily.

Vox Finance is already live on Ethereum, Binance Smart Chain, and Polygon Network, but will soon be expanding to networks such as Fantom, Moonriver, Avalanche, and more

Why Vox Finance a Viable Option?

Vox Finance seeks to give an easy way to stake rewards. The financial gains are due to the VOX token locking. The token can be transferred quickly through the MetaMask wallet on Uniswap, the premier decentralized exchange, and is placed in a liquidity pool of Vox Finance with just a few clicks.

The unlikely possibility of smart contract failure is the main risk of depositing into Vox Finance. Happy trading!

Social channels

Website:
— Ethereum platform: vox.finance
— Binance Smart Chain platform: bsc.vox.finance
— Polygon platform: polygon.vox.finance

Twitter: twitter.com/RealVoxFinance

Telegram:
— Chat group: t.me/VoxFinanceCommunity
— Announcement channel: t.me/VoxFinance

Email: hello@vox.finance