SmartBCH: Farming as a Service to Boost Adoption of BCH

A quick overview of how we'd use a small SmartBCH resource to boost adoption of SmartBCH:

SmartBCH has had a few issues in the last year but development never stopped. As such there are a number of great resources already available on Chain. Lets' cover a quick and simple example of how we could use a simple Farming as a Service resource to boost adoption for a moment!

Farming as a Service:

BenSwap's Ranches - https://benswap.cash/ranches

It costs about 20 EBEN to begin a ranch; so that's about $1.20 at current prices. That is extremely affordable, allowing heavy use of this tool by anyone and making BenSwap quite decentralized as far as DEX's go. In fact, this service as well as other options for token project leaders make BenSwap one of the most decentralized exchanges on any blockchain. The ranches you can create are very flexible too, so you can set any token to be harvested, can set the emission rate and have several other options such as refilling the ranch to keep it going longer.

The ranch set up process and running them is very simple, so even newbies can easily use it to boost their favorite tokens and projects. The best thing is the creation fee gets burned, thereby making EBEN even more scarce with every new ranch created. No other place (nor blockchain) to my knowledge has such a farm as a service option, making it possible for all projects (and even their community members) to set up bespoke farms.

Even with all of these capabilities and potential only very few are using this awesome game changing service. Only 117 ranches have been created so far in the last year and most of them have been very short term. We alone have almost a dozen ranches ourselves in the Konra Project, so we use the ranches frequently (as you can see most of ours are still active and have ran for multiple months). We love what we've saw and will be scaling it up a lot in coming years as well as encouraging others to scale up it's use too.

Since it's a powerful tool and service that's being undervalued and not used to it's full potential I know that taking a bit of effort to scale up and refine it's use would both make adoption of SmartBCH and Bitcoin Cash easier and potentially could even make EBEN tokens fully deflationary. There aren't that many of them to begin with 28 Million have been minted and the emission rate has greatly been reduced in the last year; whereas now only 2 EBEN are emitted every block. Almost a million have been burned already, even though the number of users on SmartBCH is way down.  Even a few Projects and users using the many services BenSwap offers has already had a major impact on the total supply of EBEN tokens; so seriously scaling up the projects and community members using these services can greatly impact SmartBCH and Bitcoin Cash usage. Scaling the use of Ranches up (and other tools) can also seriously positively impact BenSwap and keep them developing more great tools while simutaniously benefitting the whole community in the long run.

Konra Project Future Use and harnessing of it's full potential:

We will not only continue to use this extensively ourselves like we have in 2021 & 2022 but will even scale up it's use ourselves; run a number of tests and then encourage other Projects and investors to use this service to create farms for all types of pairs, increasing the number of farms for various tokens.

A program will even try to encourage whales and well to do sponsors using this service to entice more users to SmartBCH; by creating lucrative farms for them to farm and thus put their foot firmly into SmartBCH.

Imagine if a few people put a few BCH or a few thousand EBEN or LAW into a ranch every month and had people farming a small lesser known pair of great potential; then used their fame and social media reach to bring hundreds of new people into SmartBCH. Or if projects used some of their income to set up and keep a few ranches to redistribute a part of their income to their investors. This will bring people and new investors to SmartBCH and firmly keep them there; which then in turn will bring back additional development and funding for projects to keep innovating.

A simple thing like this can create a powerful network effect and create a loop of value creation that benefits everyone.

Massively upscaling the use of this one tiny tool in SmartBCH can literally change everything especially as many investors will naturally end up holding EBEN and other tokens at the same time this will help boost adoption while increasing the gains made from DEFI.