What Is DefHold (DEFO)?
DefHold is a non-inflationary DeFi ecosystem aiming to provide yield generating investments’ strategies to long-term crypto holders in both markets’ pump and dump. DefHold is a non-inflationary DeFi ecosystem aiming to provide yield generating investments’ strategies to long-term crypto holders in both markets’ pump and dump. Therefore, to reward holders with accurate portfolio’s and own liquidity’s management, DefHold aims at implementing new autonomous yields generating solutions.
Nowadays, the most common way to secure assets during market dumps is converting assets to stable coins which can thereafter be staked and/or farmed into various DeFi protocols generating yields on the underlying assets. However, currently there is no incentive to hold cryptocurrencies during market’s dumps other than averaging down his purchase price.
DefHold Storage Key Points
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Future Of DefHold
In the future, additional tokens’ pools will be added based on community proposals once the governance will be implemented. Moreover, to increase buying pressure on DEFO and generate continuous yields to the DEFO holders, every additional tokens’ pool will require to stake the amount corresponding to the EWF in DEFO. This mechanism will enable new investors to benefit of the hedge offered by the DefHold ecosystem without having to sell their tokens.
The native token of the DefHold ecosystem, called DEFO, will enable holders to stake or farm their assets into pools with different pre-defined lock-up periods. However, all these pools will offer the ability to stakers and farmers to withdraw their assets at any time by applying an early withdrawal fee (“EWF”) if the assets are withdrawn before the term of the lock-up period.
These EWF will form the first revenues’ stream for stakers and farmers who have accurately managed their portfolio and own liquidity’s requirements. Indeed, an investor managing properly his cash flow forecasts and portfolio allocation will be able to stay within the selected pool until the end of the lock-up period thus avoiding him to pay any EWF. Moreover, it will allow them earning the EWF from people who withdraw their funds due to liquidity requirement or due to market moves’ fears.
DEFO stakers and farmers
Additionally, a second yield generating mechanism will be implemented to continuously generate income for DEFO stakers and farmers. Indeed, a transfer fee will be applied on every DEFO tokens’ transfers and redistributed to stakers and farmers. Unlike most of other DeFi protocols existing nowadays, these 2 mechanisms will continuously generate yields to stakers and farmers in a non-inflationary way.
Indeed, no additional DefHold token will ever be minted thus distinguishing it from other inflationary tokens which have to continuously mint new tokens to enhance their APY (by the way reducing the market price of their tokens due the demand-supply principle).
Farming Pools Apps
Initially, DefHold will only enable users to stake DEFO tokens or farm DEFO/ETH & DEFO/USDT LP tokens. All the above pools will be available at any time (i.e. there will be no commencement date). Each investor can join the desired pool whenever he wants. The end of his lock-up period will be calculated automatically by the Smart Contract.
Moreover, each time a pool reaches the lock-up period of a faster pool, investors’ funds will be automatically transferred into the faster pool (in this case the EWF and rewards will automatically change to match those of the pool in which the tokens are transferred).
Presale will be held by Liquidity Dividends Protocol (LID). 75% of the raised ETH together with 19.50% of the DEFO tokens will be allocated to Uniswap liquidity and definitively locked by their smart contracts. In the meantime, it will also offer to DefHold holders a continuous price increase of their tokens thanks to the requirement of owning DEFO tokens to access DefHold features. Additionally, transfer fees will also be distributed to DEFO stakers and farmers. These transfer fees will amount to 2% and will be applied on every tokens’ transfer.