DefyFarm (DEFY) Live Price and charts Today

Defy.Farm is an yield farming platform with two very unique approaches to farming: A reflect mechanism that distributes fees to both farmers and token holders (with farmers getting double reward vis a vis token holders) and an impermanent loss protection mechanism that compensates users based on the impermanent loss they might incur when pooling liquidity. DefyCoin first version was launched on March 18th, 2021. Later there was an update to second version with impermanent loss protection. DefyCoinV2 has been launched on May 2 nd, 2021, with a decreasing supply of 300,000 tokens. The initial liquidity was added by the team and locked via DxSale. There is no mint function within the contract, which means that no new coins can ever be produced.