I have lost count of all the times the metaverse for everyone is giving away tokens to the community.
There are already millions of tokens available for staking and yield farming on RFOX Finance. In March, we also have the KOGs NFT staking program that will send another 2.5M tokens out of RFOX wallets.
The team’s DeFi portal allows you to trade and stake and farm in a decentralized manner. That means simply that you don’t have to send your assets to a centralized exchange to perform financial activities that earn you some yield on your tokens.
Instead, you can lock funds from your wallet into a smart contract that pays various levels of yield. The new RFOX-BNB farm is now paying more than 1.900 percent! Can you believe those gains right now?
But I don’t have to remind you that what goes up must come down. The farm is beginning on February 25, and not all the investors have used it yet. When the RFOX holders learn how high they can go (but with the risk of impermanent loss), then they will add funds.
More wallets participating in the farm means the rewards will drop. The point I am trying to poke you with is that today is the best time to get into the new RFOX-BNB farm if you want to make the crazy gains.
We know the returns will shrink, so we can only take advantage while we can. I happen to have 2 $BNB lying around the blockchain, so I will pair them up with the equal value in $RFOX tokens (about 14k units at today’s price).
When the farm is over maybe I will have more than 2 BNB left or perhaps there is only 1 left. I am going to run the experiment until the farm ends around May 26 (BSC block # 1815200) and will share with you the results. Let’s see how it goes!
