Progress Recap: A Look At UniFarm in August 2021
August was a particularly great month for UniFarmers. As volatile as the market is, it feels like a crypto renaissance is underway as DeFi booms and a slew of institutional investors take a keen interest in altcoins as a viable asset class.
Although Bitcoin and Ethereum continue to dominate the public’s attention, we are seeing an increase in market interest in altcoins, which is a sign that the next crypto wave is on its way. We’re relieved to see that we’re on the correct track.
We’re working hard to achieve the next milestones. We know they’ve been on your mind, and trust us when we say the wait will be well worth it.
The following is a summary of the UniFarm team’s accomplishments in August; despite the holidays, we were very busy!
Complete Guide on “How to Stake Tokens on UniFarm”
Have you been struggling to stake tokens on UniFarm? We got you covered!
UniFarm gets better with the launch of every Cohort. We’ve added a ton of new features, made visual improvements, and inculcated user feedback to make your experience better on the platform.
- Since everyone was concerned about the gas fees, we introduced two more chains on the platform, including Binance Smart Chain and Polygon, apart from Ethereum.
- Based on the continuous iteration from UniFarmers, we added two more wallet options, including Trust Wallet and Coinbase Wallet, along with MetaMask.
We’ve prepared a tutorial to walk you through every single step to stake your tokens successfully using your preferred non-custodial wallet.
UniFarm Airdrop Giveaway
Since January 2021, we’ve been on an incredible journey. And it’s because of you that we’ve gotten this far.
As a member of the UniFarm Community, you’ve shown tremendous love and support to UniFarm.
UniFarm’s goal is to improve staking for people who are open and honest about their financial plans and have a strong financial portfolio.
UniFarm is the best place to maximize the value of your assets.
As part of the launch, we had promised to reward the early 2000 adopters of the product. Now, it’s time.
UniFarm Airdrop Giveaway is for the early 2000 participants at UniFarm. If you’re one of them, it’s your time to claim your reward.
Update About UniFarm Cohort 7 Tokens
A recent hack at Chainswap had a significant impact on a number of projects that use the platform to connect Ethereum and Binance Smart Chain tokens. The hackers took advantage of a potential flaw in the platform’s smart contract protocol to steal more than $8 million in cryptocurrency. In less than a month, Chainswap has had two security incidents.
Umbrella and Unido, two UniFarm Cohort 7 projects, are also affected by the hack. UniFarm considers both projects to be valuable partners. Since the incident took place, we’ve been in close contact with the Umbrella and Unido teams to ensure that the UniFarm Community remains unaffected.
To come up with a solution, we worked closely with these projects to make sure our users get the best bet out of their investments.
UniFarm Cohort 19
We launched our next UniFarm Cohort 19 on Binance Smart Chain, and the response we received was massive. Right upon the launch, $SMG pool was 100% full within, becoming one of the fastest pools to be filled on UniFarm.
While the $SMG pool is completely filled on this UniFarm Cohort, the other pools are currently open for staking and filling fast. While $CANU is 9.03% filled and offering 215.07% APY for new investors, $MILK2 is 15.88% filled and offering 118.95% APY for new investors.
An Exclusive Farm for $ORO Holders
While UniFarm Cohort 19 was just a few hours away, we had come up with an exciting announcement. An exclusive farm for $ORO holders, where users are able to farm $ETH tokens by staking $ORO.
This is an exciting opportunity for UniFarmers to make some exciting bucks out of their portfolio.
We’ve locked the price of $ETH at the time of the farm launch so that you can get guaranteed returns with no market exposure.
An Exclusive Farm for $UFARM Holders
We’re excited to introduce another exclusive farm for UniFarmers, following the launch of our latest UniFarm Cohort on Binance Network with Cannumo, SpaceSwap, Smaugs NFT, OpenDeFi, and UniFarm.
We’re thrilled to come up with a farm exclusively for $UFARM holders, where you can farm $USDC tokens by staking $UFARM. This implies that $UFARM holders can completely escape market fluctuations while still receiving assured rewards.
UniFarm Cohort 20
After the successful launch of UniFarm Cohort 19, we brought more innovative projects for our newest Cohort. Razor Network, DeFinity, OpenDeFi, and UniFarm were the 4 projects launched on Ethereum Network. This was the 4th time, Razor Network joined another UniFarm Cohort.
Out of all the 4 crypto coins, the $RAZOR pool was the first to be filled 100%.
Hope you enjoyed keeping track of all things that happened in the month of August. Stay tuned, a lot is underway for September!
UniFarm is a one-of-a-kind staking solution where the best projects in DeFi space come together to provide value to investors. UniFarm allows you to stake one token but earn multiple high-value tokens, so in addition to a great APY, your returns are automatically diversified as well.
I pen down crypto thoughts.