News05 October 2022

Farming platform Animal Farm could take DeFi to another level

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This platform is based on George Orwell's novel of the same name, which criticizes centralized power.

DeFi's protocols have democratized access to finance, allowing anyone with an Internet connection to access opportunities and decentralized and anonymous (often) services.

The concept of income farming has changed how people think about savings, becoming the standard means of generating passive income in the crypto sphere.

Animal Farm is a DeFi protocol based on George Orwell's novel of the same name, which criticizes centralized power. Animal Farm is a DeFi protocol based on George Orwell's novel of the same name, which criticizes centralized power.

The basic know-how is that the platform motivates you not to sell tokens yourself. It does this by providing high-yield bets in BNB and BUSD dividends. Instead of dumping the project's tokens right away, it's more highly profitable to stake them.

In case you didn't know, the price of a token isn't falling because it's somehow wrong or unattractive. It fails because the supply for the token exceeds the demand for it. Hence the market price drops. A lesson in economics from Moni :D.

But everything always sounds very cool on paper. How it will be in practice - we'll see. In the meantime, download our Moni offer, so you can watch your portfolio tothemooning, while shitcoins merge.

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