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SmartBCH Spotlights : Tropical Finance and summer vibes
Tropical.Finance is one of the long-lasting Club1BCH collaboration, and one of the Fantasy Football sponsors! But what is Tropical.Finance? Are you ready for the state of the art yield farming Dapp?
Tropical.Finance offers unique features, tools and new ways to maximize APRs. The platform is easy to use, with a simple to use dashboard and extra layers of security. The Smart AntiBot System is included in token contract and blocks buying, selling, withdrawals and transfers that are repeated during a certain timeframe from the same user to a destination. The system purpose is to block the bots that aim to sell, buy or making other repetitive transactions, drastically reducing their possibilities to abuse of system features. The Dynamic Anti-Whale System sets a maximum amount that can be transferred per transaction, avoiding flash price fluctuations.
Tropical.Finance vision is fairness and transparency, offering high APRs with the lowest risks. The DAIQUIRI token has deflationary tokenomics and multiple use cases. The Dynamic Emission Rates will make the circulating supply increase slower during time and APRs less volatile.
Before I even explored Tropical.Finance, I heard about a special offer for holders. Anyone who will hold over 1000 DAIQUIRI at the time of the NFT Marketplace will receive an NFT. Don't play with NFT fanatics! Swapped 0.36 BCH for 1000 DAIQUIRI to match the criteria.
Never keep lazy crypto! I will always promote risk-free gains, no matter how little they are. The Daiqiri single pool is a good example, with 131.95% APY and zero risk. The wBCH pool and the FlexUSD pool could provide some passive income but the 4% deposit fee made me skip the deal.
Why zero risk? Because single staking has no impermanent losses! You stake and your crypto stash grows bigger. I staked 1000 DAIQUIRI and I farmed 27 in no time, even with a 25% APY reduction.
I swapped even more when the price dipped, adding 2100 DAIQUIRI in my portfolio! As always... it all started with an NFT! When DAIQUIRI will be a voting token, I will be an active member of the governance.
I added the newly bought DAIQUIRI and let them farm in the background. I noticed the APY dropped under 100% and that the deposit fee for wBCH and FlexUSD was halved.
Guess what happened? Zero deposit fees were announced! Time to bring the $LAW to this tropical island, and farm at a steady course while sipping from an ice-cold Daiquiri!
The tropical basket kept growing as I farmed DAIQUIRI in three different pools, with APR between 7 and 74%. The zero deposit fees changed the dynamics, eliminating the stress regarding farming on minus until the fee was recovered.
I had to withdraw the wBCH but I kept the LAW and DAIQUIRI staked. The $LAW pool was rewarding $DAIQUIRI at 15% APR, while the farming rate raised to 103% for DAIQUIRI staking.
After weeks of perpetual compounding, I did the same thing again. Had 811 Daiquiri farmed from the Daiquiri pool, and 43 farmed with LAW. Added more LAW in the pool, and compounded the Daiquiri for 108% APR. My current stash is heading towards 10,000, as the 9,389 will make it happen!
Bitcoin Cash just works ... since 2009! Smart BCH is the Bitcoin Cash sidechain is EVM compatible, and Web3 Dapps or NFT projects can build at a fraction of the cost. SmartBCH has ultra-low fees, is fully scalable and comes with an ant-bot protocol against snipping or front-running
The SmartBCH Spotlights series:
1. Cash Cats ($CATS) - the first meme token on SmartBCH with 1,000,000,000 total token supply
2. BCHPad - a decentralized IDO protocol built on the SmartBCH chain, creating a simplified method to invest in new SEP20 tokens
3. AxieBCH - Gaming Guild - a simple business model and a provision for players to create a play2earn source of income.
4. BlockNG & LAW Punks - the platform powered by the $LAW token, which can be used to buy LAW Punks NFTs.
5. CheckBook - the system that evolves the airdrops, as the tokens are sent through cheques and must be accepted.
6. Konra Token - a token with unique tokenomics and a project that will become a multi token ecosystem.
7. Tango Swap - The first SmartBCH DEX with publicly known developers.
8. GAME - The the universal gas token for the AxieBCH gaming guild that grows in the holder's wallet
9. Narath - The reward token meant to serve as an incentive of the holders that use Konra on SmartBCH.
10. 1BCH DEX - New LPs with top APY and single staking sprinklers
11. Oasis.Cash - The decentralized NFT market on SmartBCH