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Farms & Pools
Both are innovative assets with unique tokenomics that complement each other perfectly and offer a variety of options for investors who want to take full advantage of the platform.
What is a Yield Farm?
Yield farming is one of the hottest trends in decentralized finance (DeFi).
It is a process where you stake or lend your crypto assets to earn high profits in the form of additional cryptocurrencies. In this case AFP (PIGS) and AFD (DOGS) are earned by staking BSC Network BEP20 tokens including BTC/ETH/CAKE/LINK and stablecoins such as USDC/BUSD/USDT in an wide variety of LP farms and single asset Pools.
Where the Animal Farm stands out in the space is that the DOGS and PIGS rewards tokens from these Farms & Pools can be further staked to earn dividends in both BUSD & BNB, which makes it completely unique in this field.
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AFP PIGS
It is the governance token of the platform.
By using AFP in the PIG PEN single-asset core pool, you can earn BUSD and also AFP, which will make you one of the owners of Animal Farm.
AFP can be farmed further in the DOGS/BNB LP and DOGS/BUSD LP farm staking contracts, as well as the DOG POUND single-asset core pool.
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AFD DOGS
It is the native farming yield asset on The Animal Farm, they are earned in all farms and pools to varying degrees, as they are the main farm reward token.
AFD tokens can be paired with BNB or BUSD to farm AFP (farms) or staked in the Dog Pound (pool).
AFD can be farmed further in the DRIP/BUSD LP non-native core farm staking contract.
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Pools Rewards
Pools are single-asset staking contracts which reward in AFD token, except for the Dog Pound , which rewards are in AFP or BNB and for the PIG PEN , which rewards are in AFP + BUSD.
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Farms Rewards
Farms are similar to single staking pools, but require so-called LP tokens created by providing liquidity in the relative pool with two different tokens.
Providing LP tokens to a farm lets you earn rewards in the corresponding reward token.
What is a Multiplier?
Multipliers dictate the allocation ratio of a given token's emission for each block.
For instance, the total sum of the multipliers of farms/pools that reward in AFD (DOGS) is 100x. Knowing that the DRIP/BUSD farm has an 8x multiplier we can deduce that 8% of the total rewards for that single block will go to the DRIP/BUSD farm.
The rewards emissions are variable and based on the Dynamic Supply Control Algorithm .
In times of high/low demand the emissions will increase/decrease but the allocation percentages will always remain true to the muliplier.
The multiplier amount is already included in all APR calculations for the farms.
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Farms&Pools tax explained
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Farms
Deposit or withdrawal actions automatically claim rewards.
* the contract allows DRIP/BUSD liquidity to be added without paying the 10% transaction tax ADD LIQUIDITY DRIP/BUSD LP .
The DRIP/BUSD FARM deposit and withdrawal fees can be broken down as follows:
- 100% of the DRIP part goes to the DRIP FAUCET dividend vault.
- 70% of the BUSD part is used to buy-back DRIP which goes to the DRIP FAUCET dividend vault.
- 30% of the BUSD part is used as PIG PEN rewards and to buy-back DOGS in the AFD liquidity helper .
The OTHER NON-NATIVE FARMS deposit and withdrawal fees can be broken down as follows:
75% of the fees goes to PIG PEN dividend vault.
25% of the fees goes to, in the form of BUSD, to the AFD liquidity helper.
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Pools
* A 24-hour withdrawal cooldown is set up for every deposit.
The NON-NATIVE POOLS deposit and withdrawal fees can be broken down as follows:
75% of all non-native pools deposit/withdraw fees goes to PIG PEN dividend vault.
25% of all non-native pools deposit/withdrawal fees goes to, in the form of BUSD, the AFD liquidity helper .
Animal Farm uses all available funds by staking them to PancakeSwap to generate additional revenue. This is used for PIG PEN rewards, marketing, development and platform costs.
So we have a lot more resources to increase buying pressure, pay for high-quality marketing, and continue to develop features. The development team is aware of the importance of marketing and has made it a major focus.
Animal Farm has unique functions, such as dynamic emissions, that allow for decentralized supply management, which give us a first-mover advantage exploiting these mechanics in the marketplace.
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Referral Program
The Animal Farm platform has a referral program, allowing you to earn a 3% commission on the DOGS rewards generated on all non-native FARMS by anyone you refer.
Share your referral link; it is located at the bottom of the Farms page. https://defi.animalfarm.app/farms
Every time a new deposit is made in a non-native farm through your referral link, at the same time your referee claims its rewards in DOGS, the contract sends via address 0x0000 your 3% commission directly to your wallet!
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One Page Summary
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FAQs
Want to know more? Have a specific question?
