TEN Finance-Token Enrichment Network Made DeFi Simplified
TEN is a yield aggregator and optimizer that simplifies staking and yield farming with the most liquid Binance Smart Chain Liquidity Pools available and provides a robust yield earning environment on the market while adhering to security, sustainability, longevity and simplicity. TEN is committed to solely aggregate and optimize those farms that it deems to be of the highest caliber for the users of the platform.
TEN Finance aims to simplify this process by creating a seamless and streamlined process in staking your assets to earn a rewardingly high yet modest APY in the simplest and safest manner while ensuring sustainable growth within the TEN platform across multiple farming ecosystems and optimizing returns for maximum yields in a safe, sustainable and robust manner. TEN was launched to create a truly sustainable, yet beneficial model that would ensure the longevity of the $TENFI ecosystem that allows for TEN to adapt and evolve with the DeFi space in general.
HOW TO OWN $TENFI TOKEN ?
- Purchase $TENFI tokens directly from their website
- Click on the “Buy TENFI” button
√ Metamask/Binance Chain Wallet will ask you to connect your wallet to TEN Finance
√ Once connected, input amount of $BUSD worth of $TENFI you like to purchase
- You can earn $TENFI by staking on TEN Finance by depositing your assets to the relevant staking contract or farming pool.
HOW TO STAKE AND FARM $TENFI
To stake and farm with TEN, simply connect your wallet via the different wallet extensions available and choose the pool you want to stake with.
- If you already have the LP tokens in your wallet, simply choose amount you want to deposit and click on the Deposit button.
- If you need to get the LP, click on “Get TENFI/XYZ LP” and choose amount you want to add as Liquidity by clicking “add liquidity”
- Now choose the amount you want to deposit and click “Deposit” button.
PHOTO COURTESY OF TEN FINANCE
TEN Finance succesfully launched their website with seamless functionality and new look than its previous version, which will be essential to their New Yield Optimizer coming later this month. TEN Finance wants their platform to be more user-friendly than usual.
TO CLAIM REWARDS
To claim your rewards, you need to ensure that your wallet is connected. Your dashboard will have for you in detail, the amount of $TENFI you have earned and therefore can withdraw or move onto another pool if you wish. All you have to do is click on the “Claim” button. You can stake or un-stake at any given time. There are no (0.00%) withdrawal fees for un-staking too early from a particular pool or going into another pool. TEN wants to allow its users a total complete freedom and ability to maneuver as they wish throughout the TEN ecosystem.
HOW TO PROVIDE LIQUIDITY
Click dropdown menu of TENFI/BNB
Click on “Get TENFI/BNB LP”
• Once on the Pancakeswap interface, choose “Liquidity”
• Add liquidity for the TENFI/BNB LP token
• Click “Confirm Supply” once you have verified the amount you are supplying.Upon your return to TENFI/BNB Vault Menu, you will see your LP tokens on your vault dashboard. Select the number of LP tokens you would like to deposit, click on deposit
After you have made your deposit, you should see your TENFI/BNB LP tokens reflected under the “Deposit information” alongside details such as the $USD value and the % relative to the total value locked in the vault.
If at any point of time you wish to withdraw your TENFI/BNB LP tokens from the vault, input the the amount of LP and click the Withdraw button.
TOKENOMICS
Circulating supply at launch, was 0 no pre-mine or allocation to team or anyone else, everyone has equal opportunity to purchasing, staking, farming and claiming $TENFI tokens from Day 1. $TENFI has a total lifetime supply of 256,000,000 and 0 circulating supply at launch, and 2% of supply is available to public at launched.
In coming days TEN Finance intends to add new farms on a continuous basis, staking yield performance charts, cross-chain staking and farming, random bonus APY days, TENLend (user set lending facilities), leveraged staking, rebalancing stake options and centralized exchange (CEX) listings.
TEN Finance Smart Contract has been audited by Certik, the world’s leading blockchain security auditing firm last Mach 18, 2021 and again on May 19, 2021. For full Certik audit report you are free to visit it here
ABOUT TEN FINANCE
TEN is a yield aggregator and optimizer that simplifies staking and yield farming with the most liquid Binance Smart Chain Liquidity Pools available and provides a robust yield earning environment on the market while adhering to security, sustainability, longevity and simplicity. TEN is the “Token Enrichment Network”, decentralized finance, simplified.
RESOURCES
TEN Finance
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Announcement Channel
Certik Audit Report
