Almond — Fair and Nutritious DeFi

Published on: 08.10.2021

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

Bringing Nutrition to Solana

Almonds are possibly the healthiest food according to industry experts, and who doesn’t want to be healthy, wealthy, and wise?

You’ll probably have to find another DeFi project to make you wise, but Almond has the rest covered for you.

Why Solana?

Almonds believe that Solana is the best smart contract chain, and with its ever-growing ecosystem and access 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.

The Diet Plan

Nobody likes stale nuts, so the Almond token (ALM) will have no private sale, public sale, or team pre-mine. Just organic, freshly minted Almonds.

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 to 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: