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Press Release

The Flaming Farm Token Presale is Live: Here’s How You Can Participate

Team Bitcoin Daily

Published

4 years ago

on

Flaming Farm is the world’s first deflationary yield farming platform. It plans to revolutionize Decentralized Finance (DeFi) through the roll-out of a unique deflationary protocol.

The project’s dev team is working to eliminate all the technical barriers from DeFi investing by introducing an advanced user interface that makes staking crypto assets a breeze. Investors can use this intuitive portal to monitor all investments by viewing past, current, and projected earnings with just a glance.

Flaming Farm promises to be the most advanced yield farming protocol to enter the DeFi market yet. Users will gain access to a wide variety of staking pools currently supported by the platform, including ETH, USDT, and DAI pools. 

Join the Flaming Farm Token Sale Now!

The Flaming Farm platform has just unveiled its highly anticipated public token sale event. Investors can now join liquidity pools by purchasing FFARM tokens from the Presale. 

To participate in the token offering, crypto holders can deposit up to 20 ETH to the project’s official ETH address (0xbb3fd6d1d804c19eb9cb1f9f43a27c8690df1df2). All participants are advised to use the metamask wallet or any other trusted wallet with ERC 20 token support to send ETH to this address.

Flaming Farm plans to issue 4000 FFARM Tokens allocated to 600 ETH at a presale price of 0.16 ETH. The event is scheduled to go on for ten days or until the hard cap of 600 ETH is reached. There is no minimum investment to join. 

Following the token Presale, all investors can get their FFARM tokens at the same address from where they will send ETH. All unsold Presale tokens will be burned after the Presale ends, followed by listing the FFARM token on Uniswap and FlamingSwap.

This listing will allow investors to trade their tokens on the world’s largest decentralized exchange (DEX). Holders of FFARM can use this ERC-20 compliant token to transfer value in seconds. What’s more, they get more flexibility in wallets, DEXs, Dapps, and exchanges since the token is fully compatible with the Ethereum ecosystem. 

Following the Presale, FFARM holders can participate in yield farming, where they can stake their tokens and earn a lucrative annual percentage yield (APY) from 100-500%, depending on the pool.

There is no locking time for farming, so investors can unstake and claim their farming rewards whenever they wish. Users will get bonus APY rewards in the first 48 hours. 

Combating the Risk of Inflation Facing DeFi Users

The dedicated team behind Flaming Farm is aware of the menacing issue of inflation in the farming world and has designed a DeFi protocol to solve this problem. 

Existing yield farming protocols frequently issue liquidity pool tokens to investors with the intention that the tokens will increase in value as the size of the liquidity pool grows.

However, this principle hasn’t played out in real-life applications. As each new token enters the protocol, supply circulation quickly exceeds the demand, reducing the token’s overall value. 

Flaming Farm plans to solve this inflation risk by introducing the world’s first deflationary Yield Farming platform. The platform’s algorithms automatically monitor liquidity pool levels. If the system detects a drop in available liquidity in the pools, the network eliminates around 2.5% FFARM tokens from the pool. 

This automated burning rate serves as the first line of defense against inflation. The reduction in supply is instant, and the effects are felt immediately. By reducing FFARM tokens in circulation, the protocol ensures that the tokens retain their value. 

This unique burning system is designed to increase the value of $FFARM after PreSale and give DeFi users the peace of mind they desire. 


For more information:

Telegram | Website | PreSale Contract

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Press Release

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

Published

3 days ago

on

July 24, 2024

By

We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

Published

4 days ago

on

July 24, 2024

By

The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

Published

5 days ago

on

July 22, 2024

By

We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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