Friday, August 12

Dfyn Launches Yield Farming on Fantom Blockchain


[PRESS RELEASE – Please Read Disclaimer]

Dfyn is all set to expand its multi-chain ecosystem by introducing Dfyn Exchange on Fantom Network. Leading multichain AMM dex platform Dfyn has unveiled a new incentivized liquidity program on Fantom. Dfyn, which was initially functional on Polygon, has branched towards the Fantom Network.

Dfyn debuted their special liquidity mining program on Fantom, which allows users to migrate their liquidity and deposit it into the liquidity pool once the users are connected with the network.

Dfyn announces new pairs eligible for farming rewards The new liquidity mining program commenced with 30,000 $DFYN that will be distributed daily as incentives to keep the users engaged and invested.

The pairs eligible for Dfyn farming rewards are DFYN-FTM, USDC-USD, BTC-wETH, and DFYNUSDC. The platform has also confirmed its plan to add more pairs in the future.

The liquidity mining program started on October 26 and is set to run for 30 days before the scheduled rewards and pairs are relaunched. The platform will be allocating 900,0000 $DFYN towards the program which denotes less than 0.5% of the total supply Users will be able to connect their Metamask wallet to Fantom by accessing the Chainlist and searching the Fantom Opera option.

Similarly, the providers will be able to bridge their $DFYN tokens from Ethereum to Fantom network by using Anyswap Bridge. If the tokens are on Polygon, then the users will have to bridge them to Ethereum first via Polygon bridge and then to Fantom network using Anyswap bridge.

About Dfyn Network

Dfyn is a multi-chain AMM DEX that aims to be an inter-connected AMM with nodes spread on different blockchains and those AMMs will be able to share liquidity and enable cross-chain swaps. Dfyn is a true multi-chain AMM optimized for the cross-chain universe.

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