Log in
Enquire now
UniFarm

UniFarm

UniFarm is an innovative farming solution where a bunch of projects comes together to create a reward pool

OverviewStructured DataIssuesContributors

Contents

unifarm.co
app.unifarm.co
Is a
Product
Product
Organization
Organization
Cryptocurrency
Cryptocurrency
Company
Company

Company attributes

Industry
‌
Cryptocurrency protocol
Non-fungible token (NFT)
Non-fungible token (NFT)
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
Decentralized Finance
Decentralized Finance
Location
Jordan
Jordan
B2X
B2B
B2B
Investors
Launchpool
Launchpool
0
Morningstar ventures
Morningstar ventures
NGC Ventures
NGC Ventures
Rarestone Capital
Rarestone Capital
AU21 Capital
AU21 Capital
LD Capital
LD Capital
Alphabit Fund
Alphabit Fund
Faculty Capital
Faculty Capital
0
...
Founded Date
January 2020
Total Funding Amount (USD)
2,000,000
Stock Symbol
UFARM
Exchange
Bitmart
Bitmart
Dfyn Network
Dfyn Network
0
Uniswap
Uniswap
PancakeSwap
PancakeSwap
0
MEXC Global
MEXC Global
0
Also Known As
Uniform Systems, Inc.
Latest Funding Type
Private equity
Private equity

Cryptocurrency attributes

Ticker Symbol
UFARM0
Maximum Supply
1,000,000,000
Block Explorer URL
ethplorer.io/ru/addre...fee51af88
bscscan.com/token/0x0...017a908680
etherscan.io/token/0x...fee51af88
snowtrace.io/token/0x...8A548767b
polygonscan.com/token/0...e7d13dd6

Other attributes

Blog
blog.unifarm.co
Circulating Supply
38,375,9190
CoinGecko ID
unifarm0
Company Operating Status
Active
Strategic Partnerships
Smaugs NFT
Smaugs NFT
Contact Page URL
snowtrace.io/token/0x...8A548767b
polygonscan.com/token/0...e7d13dd6
etherscan.io/token/0x...fee51af88
bscscan.com/token/0x0...017a908680
Cryptocurrency Symbol
UFARM0
ICO Date
April 19, 2021
Partner Organizations
0
Public/Private
Public
Source Code
bscscan.com/token/0x0...017a908680
polygonscan.com/token/0...e7d13dd6
snowtrace.io/token/0x...8A548767b
etherscan.io/token/0x...fee51af88
Token Standard
BEP-200
ERC-200
Total Supply
1,000,000,0000
UniFarm (UFARM) - innovative farming solution

UniFarm (UFARM) is an innovative farming solution where multiple projects are combined to create a reward pool. Users can wager any one token and receive multiple tokens as a reward.

For example, if there is a UniFarm pool of $ORO, $MATIC, $REEF, $CNTR and $FRONT, you can stake any of these tokens and start earning all the tokens as a reward.

We guarantee a minimum annual return and are absolutely unaffected by the market.

UniFarm is a decentralized group staking protocol and an IDO Launch Pad that brings various DeFi projects together in a single pool and aids in long-term holdings.

UniFarm is a win-win solution for all parties involved - both projects and investors.

Investors get good APY and a bunch of well-known project tokens as a reward without any risk of market impact.

Projects get access to a new set of investors and receive their tokens, which gives them more opportunities to create and grow.

Problems
1. Token price fluctuation

When building a startup, the team has to worry about countless things, including building, marketing, finding product-to-market fit, hiring the necessary resources, testing, auditing, taxes, churn, etc. Add to that the burden of a token price drop and everything turns into chaos.

The community narrative is changing, people are starting FUDing, etc. Startups have to commit significant resources to control this and find ways to control further damage.

Solution: UniFarm creates a utility for tokens. By creating a pool with UniFarm, startups include a new utility for their tokens, which is that it can now be staked to earn a bunch of other tokens as a reward. As the tokens are now staked, they are being removed from the trading offering, giving startups a breather to focus on other aspects.

2. Creating demand for the token

Much of startup activity such as partnerships, marketing, PR, product launches, social media marketing, etc. is geared towards creating demand for their offerings and tokens. With literally thousands of startups vying for the same spot, it can be an uphill battle.

Solution: UniFarm unites a whole group of good startups into a cohort. We aggressively market each TOKEN to various cohort communities, ensuring that everyone gets access to a new set of investors. The gamification structure at UniFarm ensures that if multiple users stake, the APY will be very high (between 250% and 350%), which encourages investors to stake more tokens, thereby creating demand for them. UniFarm also guarantees a minimum APY to guarantee the creation of value for members.

3. Pump and dump

Good startups want to stay away from any pump and dump schemes because they are in it for the long haul. Artificial price inflation brings only short-term benefits, but can cause serious problems in the long run.

The easiest way to lose the trust of the community and early sponsors is to at least remotely connect to Pump-and-Dump schemes.

Solution: UniFarm's gamification framework is designed to encourage users to stake tokens and stay in the pool for a longer time. The longer they stay, the more they earn. The structure also encourages new investors to join the tokens, creating demand and reducing the number of tokens available for trading.

How UniFarm works

UniFarm brings together a cohort of projects to create a reward pool. Token holders of any of these projects can stake their tokens to receive all project tokens as a reward.

For example, suppose there is a cohort with the following projects: $ORO, $RAZOR, $PAID, $OM, $ROYA, and $PLOT.

Users can stake any token and get everything as a reward.

If you bet $OM, then here's how the reward sequence will work:

-Week 1: You will receive $OM as a reward.

-Week 2: You will receive $OM and $ORO as a reward.

-Week 3: You will receive $OM, $ORO, $RAZOR as a reward.

-Week 4: You will receive $OM, $ORO, $RAZOR and $ROYA as a reward.

-Week 5 onwards: You will receive $OM, $ORO, $RAZOR, $ROYA, and $PLOT as rewards.

-We guarantee a minimum APY for each cohort, ensuring value creation for stakers.

Creating value for token participants

UniFarm is a community built product. Our offering ensures the creation of tremendous value for users who stake any token on UniFarm.

1. Stake ONE, farm MULTIPLE tokens

Unlike traditional farming, where you stake a token and get the same one, on UniFarm you stake a token of your choice and get a bunch of good project tokens. This means that returns are automatically diversified. We carefully review projects before adding them to a cohort to maintain the integrity of the platform.

2. Minimum guaranteed APY

Each UniFarm cohort has its own APY limits. This gives stakers the confidence to earn good returns on their tokens.

3. Completely decentralized

When users place bets on UniFarm, they directly interact with the smart contract using their own wallets (such as MetaMask, Coinbase, Trust Wallet, etc.). Decentralization eliminates a single point of failure and gives users confidence and security. To ensure complete security, we regularly review our contracts.

4. Ease of use

Most DeFi applications are too complex to scale in bulk. UniFarm offers a simple user experience with a great user experience, offering the ability to bet with one click and withdraw bets.

5. One place for a farm

Users no longer need to switch to different platforms or exchanges to farm different tokens. UniFarm allows them to farm tokens in one place. At the time of this writing, UniFarm currently supports 17 leading DeFi projects.

Creating value for projects

The entire crypto-ecosystem is now in its infancy.

1. Creating a utility for your token

Once the project is launched on UniFarm, their token holders can stake tokens and get many other good project tokens at high APY. This creates a new utility for the token.

2. Creating demand for their tokens

The gamification framework at UniFarm ensures the creation of demand for the token. APY works inversely with pool strength. If there is a project with few participants, this means that APY will be very high, which makes it attractive for investors to buy and stake this token, as well as receive several other tokens as a reward.

3. Access to a new group of investors

For each UniFarm cohort, a group of projects come together to create a pool, which means that their communities also come together. The UniFarm marketing team does a lot of cross-marketing in these communities, ensuring that every token and project gets a fresh set of prospects. It also gives projects opportunities to interact with other projects in the cohort.

4. Reducing Selling Pressure

When a project faces a major opening, both the team and the community are concerned about high selling pressure. UniFarm can help projects set up targeted farms to ensure that the unlocked supply does not hit the market and instead offer token holders a better path.

5. Creation of long-term holders

All gamification frameworks on UniFarm are built to provide long-term project holders.

Examples of using $UFARM tokens

1. Management

$UFARM is a governance token for the UniFarm platform. We are working on transforming it into an independent SaaS offering so that developers and projects can create unique offerings for different pools. All changes at the protocol level are governed by voting using $UFARM tokens.

2. Rates

The $UFARM token will be part of all major cohorts, allowing token holders to stake on $UFARM tokens and earn a bunch of other high-quality project tokens with good APY.

3. Premium pools

UniFarm will launch several premium pools and offers that will be available to $UFARM token holders in the TIER structure.

4. Premium offers

UniFarm is partnering with multiple platforms, launch pads, wallets and service providers to synergize with them for issuing tickets, etc. This will be available to holders of $UFARM tokens in the TIER structure.

5. Access to add-ons

UniFarm is working on adding several add-ons (such as network insurance, NFT farming, etc.). They will be available to $UFARM token holders for the TIER structure.

6. Payment of fees

As we move towards a SaaS model, all premium features will be available to developers and projects when paying fees in $UFARM tokens. In fact, this is a utility token for building UniFarm.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Introduction - Unifarm

https://docs.unifarm.co/

Web

UniFarm

https://www.youtube.com/channel/UCqoPp0xDua3FKyVnF68EGcw

Web

We had an intriguing crypto session with UniFarm Founders.

https://www.youtube.com/watch?v=FTXTlkQJC2Y

Web

February 1, 2022

References

Find more companies like UniFarm

Use the Golden Query Tool to find similar companies in the same industry, location, or by any other field in the Knowledge Graph.
Open Query Tool
Access by API
Golden Query Tool
Golden logo

Company

  • Home
  • Press & Media
  • Blog
  • Careers
  • WE'RE HIRING

Products

  • Knowledge Graph
  • Query Tool
  • Data Requests
  • Knowledge Storage
  • API
  • Pricing
  • Enterprise
  • ChatGPT Plugin

Legal

  • Terms of Service
  • Enterprise Terms of Service
  • Privacy Policy

Help

  • Help center
  • API Documentation
  • Contact Us
By using this site, you agree to our Terms of Service.