In todays video we talk about StackToadz a yield farming type project that rewards you in $STACK for investing in the project.
What is a yield farm?
Yield farming is the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency. This innovative yet risky and volatile application of decentralized finance (DeFi) has skyrocketed in popularity recently thanks to further innovations like liquidity mining. Yield farming is currently the biggest growth driver of the still-nascent DeFi sector, helping it to balloon from a market cap of $500 million to $10 billion in 2020.
Lots of new projects popping up promising staking/defi rewards but
StackedToads have done this out of the gate with a super smooth and fun UX. Stacked toadz earn 50 $STACK/day. New project coming claimable only with $STACK. Unstacked toadz deflationary as more get stacked.
The @StackedToads community is 100% organic word of mouth and already at 7k discord members. This includes a mass migration from an older discord. #stackstackstack
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