Introducing Almond

Published on: 07.10.2021
Introducing Almond

Almond aims to be the most useful and most community focused DeFi platform on Solana, starting with farming and more features soon after.

They believe that Solana is the best smart contract chain, and with its ever growing ecosystem and accessible fees, will eventually surpass all others. Since the ecosystem is so early, they believe Almond can bring a lot of new value to the community. And it’s a Sam coin.

So launching on Solana is basically a no-brainer.

They are partnering with Atrix to provide LP tokens to be used for farming on Almond. They chose Atrix because of their encouragement in helping them get started in the Solana and Serum ecosystem and to support a fellow up-and-coming protocol. In the future, Almond farms will support other tokens and multi-token emissions.

To incentivize deposits, the initial ALM emission rate will be 1500 ALM per second for the first 2 weeks, 5x the eventual rate, which will be 300 ALM per second.

🔹Here are the initial farms for ALM:

  • Atrix SOL-USDC (15x rewards)
  • Atrix SRM-USDC (10x rewards)
  • Atrix BTC-USDC (5x rewards)
  • Atrix ETH-USDC (5x rewards)
  • Atrix USDT-USDC (2x rewards)
  • Atrix ALM-USDC (launching soon!)

About Solana

Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world.

📰 INFO

https://medium.com/@almond_so/almond-fair-and-nutritious-defi-2999f4933c92

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