Dfyn Network Introduces DFYN Yield Farming Phase 6
Dfyn Exchange has witnessed tremendous growth, both in terms of user base and TVL. In our bid to reward community members who have consistently demonstrated their faith in the project, Dfyn has launched an elaborate liquidity incentivization campaign. The first five phases of this campaign have enabled Dfyn.network to maintain its position as one of the top DEXes on Polygon. As with the previous farms, this phase of farming will also have a number of opportunities for the DFYN community to stake their tokens and earn attractive rewards.
In the fifth phase of liquidity mining initiative, ROUTE-DFYN dual farm and all the ecosystem farms were renewed for a month. However, the popular farms were only renewed for a duration of 15 days. With the sixth phase of farms, we are renewing all the popular farms, with the exception of QUICK-MATIC farm, for a period of 45 days. Sixth phase of farming will also see the addition of three new ecosystem farms (SING-DFYN, BIFI-DFYN and RAZOR-ETH) and one new dual farm (RAZOR-DFYN).
Ongoing Farms: The launch of new farms will not affect the state of existing farms. All the ongoing farms will continue to function as they are intended to.
Burning rewards: Staking funds in our phase 5 popular farms comes with an early redemption option which enables users to opt-out of vesting their $DFYN rewards by forsaking 35% of their rewards. As we did with the fourth phase of farms, the proceeds from the fifth phase of farms will be collected and burnt before the end of this week.
Dual Farms
Dual Farming pools allow users to stake LP tokens and earn rewards in 2 different tokens.
— RAZOR/DFYN LP Tokens
Ecosystem Farms
— BIFI-DFYN
— SING-DFYN
— RAZOR-ETH (Rewards in $RAZOR)
About Dfyn
Dfyn is a multi-chain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.
➡️Source:
https://dfyn-network.medium.com/introducing-dfyn-yield-farming-phase-6-a6e8549eaa55
