BooFinance (BOOFI) Introduced into Club Penguin DApp
BooFinance— an upcoming, next-gen yield farming dApp exclusive to Avalanche — they will offer tokens to the Penguin Finance community through the Club Penguin dApp. By creating an Iceberg in this platform, we’ll introduce an active & engaged user base to the $BOOFI token, required for earning bonus Cauldron rewards, staking, and Boo NFTs.
Staking for the Iceberg will start on Monday, November 29th at 20:00 UTC.
BOOFI rewards will go live on Tuesday, November 30th at 4:00 UTC.
The Iceberg will melt 4 days later, on Friday, December 3rd at 4:00 UTC.
How it works
The Club Penguin dApp is designed to give iPEFI utility beyond the lucrative APYs and launchpad allocation that it already offers. By staking iPEFI, Penguins will earn free tokens from valuable projects inside of the Avalanche ecosystem.
It will function as a single-asset iPEFI staking protocol; think of it as “stake-ception”. Users stake iPEFI inside of the BOOFI Iceberg to receive BOOFI rewards. The Iceberg will be live for 4 days in the Club Penguin dApp to ensure yields are attractive. We’ll also display information about BooFinance so that users can get involved with the project.
About Penguin Finance
Penguin Finance is a platform powered by Avalanche building an innovative set of decentralized applications, financial products, and documentation for both technologically savvy individuals and those with absolutely no knowledge of cryptocurrency.
Bridging the gap between DeFi and mass adoption by offering ultra-low fees, an intuitive UX design, and the best documentation/tutorials. PeFi is made for penguins, by penguins.
About BooFinance
BooFinance is an upcoming DeFi platform bringing innovative DeFi tools to users on the Avalanche network. Their main products are The Cauldron, Deflationary NFTs, and the Boo Council (DAO).
