Farmers Protocol

What is De-Fi All About?

De-Fi, or decentralized finance, is a movement to create and establish a new financial ecosystem that is open for everyone and does not involve or require trusting intermediaries, such as banks. De-Fi relies on cryptography, smart contracts, and blockchains. Smart contracts are the fundamental building blocks on De-Fi, whereby intelligent contracts are self-executing contracts with the terms of the contract between buyer and seller directly written into lines of code. The De-Fi ecosystem improves on current banking systems and financial ecosystems to create permission-less buyer to seller and lender to borrower transactions. De-Fi is superior because the protocol is open, cheaper to transact within, built on novel foundations, and resistant to censorship. Rewards are paid out automatically every 60 minutes, if you want to get them faster, just connect to the contract and give a claim, then the $SHIB tokens go directly to you before the 60-minute time limit.

Etherscan screenshot

With the adoption of altcoins, meme coins, and 'shitcoins,' the founding team has found an exceedingly great potential that will benefit the market momentum to precisely unleash a new concept regarding the operation side of things. As earlier said, the founding team plans to move the operation of the token into a community-driven consensus-based to ensure the scalability and adaptability of the token roadmap. We should also note that the previous Bitcoin's dominance on the digital currency market is being renounced slowly and strategically, opening the gates for the emergence of new coins, more advanced blockchains, and innovated real-world use-cases.