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Information
What is The Animal Farm?
Animal Farm is a platform that allows users to lend their crypto to decentralized exchanges, increasing liquidity and earning yields from the exchanges Animal Farm lends capital to. Users can also access various financial instruments with the platform's native assets, such as the PigPen governance model and the Piggy Bank staking annuity product.
What is AFP (Animal Farm Pigs) token?
The AFP token is the native governance token of Animal Farm. Users can earn AFP by staking DOGS, DOGS LP, and DRIP/BUSD. Staking AFP allows users to receive a percentage of platform-generated fees in BUSD, and only users with staked AFP can vote on future platform opportunities.
What is DOGS token?
The DOGS token is the native farming token of Animal Farm. Users can earn DOGS by staking in non-native farms and pools (excluding DRIP/BUSD). DOGS have a 6% base tax on all transactions and an additional 3% tax on sell transactions, which is burned. Staking DOGS in LP farms or single-staking pools generates AFP.
Who Are the Founders of The Animal Farm?
The Animal Farm was founded by Forex Shark, the founder of the R34P DAO, DRIP, and The Animal Farm. The team also includes BB as a Team Developer and Cryptsans as a Team Developer and QA.
Where can I buy AFP and DOGS?
AFP is listed on Pancake Swap. You can buy AFP using this link: https://pancakeswap.finance/swap?inputCurrency=0x9a3321e1acd3b9f6debee5e042dd2411a1742002
Farm Mechanics
Platform Fees Allocation
Platform fees are allocated as follows:
15% for marketing
10% for dev fees
18% for DOGS liquidity
42% for PigPen vault
15% for immediate payout to PigPen
Rehypothecation Contract
All deposited capital on Animal Farm is lent on PancakeSwap to earn additional yield. This yield is used for the BUSD dividend model (30%), marketing (30%), development (30%), and platform costs (10%).
Dynamic Decentralized Supply Control Algorithm (D.D.S.C.A.)
The D.D.S.C.A. is an algorithm designed to adjust the supply of the DOGS and PIGS tokens by manipulating The Animal Farm's emission rate. The emission rate is adjusted based on the current demand for the native assets.
Answers
What is The Animal Farm?
Animal Farm allows users to easily and trustlessly lend their crypto to decentralized exchanges, where this capital is then used to fill orderbooks and make trading on these exchanges more liquid. In return they earn a yield both from the exchanges Animal Farm lends capital to, paid out through the BUSD dividend model, as well as in the form of their native assets.
Animal Farm offers a variety of financial instruments that you can only access with their native assets. From the governance model, PigPen, that allows users to invest in the protocol as a whole and earn a share of all fees and taxes associated with the platform, as well as having a vote in the structured proposals put forward by the team, to the variable time staking annuity product, Piggy Bank.
What is AFP (Animal Farm Pigs) token?
Native governance token of the platform earned by staking DOGS, DOGS LP, and DRIP/BUSDStaking AFP allows users to receive a percentage of all platform generated fees in the form of BUSD*Only users with staked AFP will be able to vote on future platform opportunities
What is DOGS token?
Native farming token that is earned by staking in all non-native farms and pools aside from DRIP/BUSDDOGS have a 6% base tax on all transactions and an additional 3% tax on sell transactions which is burned.*Staking DOGS in LP farms or single-staking pools generates AFP
Who Are the Founders of The Animal Farm?
Forex Shark: the founder of the R34P DAO, DRIP, and The Animal Farm.BB: Team Developer*Cryptsans: Team Developer and QA
Where can I buy AFP and DOGS?
AFP is listed on Pancake Swaphttps://pancakeswap.finance/swap?inputCurrency=0x9a3321e1acd3b9f6debee5e042dd2411a1742002
Coin ranking
Popular Q&A
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