boby1988
Joined: 28 Feb 2018
Posts: 156
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 Posted: Mon Aug 23, 2021 10:08 am Post subject: How to Invest in yield farming and Earn Crypto |
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What is HUGIN Finance?
As I know it is a DEX aggregator built into the BSC and made for the BSC ecosystem, offering the best crypto prices around all BSC DEX and enabling the ecosystem to grow. It also provides an ILO function to do.
HUGIN Finance helps you make the most out of your crypto in two ways:
Trade and Yield Farming
Trade
This is a great place to make money from crypto trading. Buy and sell cryptocurrencies through exchanges
Yield Farming
What is yield farming?
Yield farming is a process that allows cryptocurrency holders to earn rewards on their holdings. With yield farming, an investor deposits units of a cryptocurrency into a lending protocol to earn interest from trading fees.
Main Features
Automatic Liquidity with 6% transaction reflection tax
Each transfer of HUGIN Token(HGN) must pay 6% transfer tax.
The 4.8% transfer tax gets added back to the liquidity pool through the contract automatically. This will help to raise the HGN price floor continuously.
And the liquidity will be locked and inaccessible.
Automatic Burning
4.8% transfer tax will be allocated to automatic liquidity acquisition.
And the rest 1.2% transfer tax will be burned immediately.
The whole process is automatic.
Anti Whale
Transfer more than 0.5% of the total supply will be rejected.
So a big whale cannot dump the price immediately like other farms before HUGIN Finance. As the total supply grows, this ratio will be reduced.
75% of 4% Deposit Fee Redistribution to HGN token holders
A 4% deposit fee will be charged when users enter staking on HUGIN Finance.
The 3% deposit fee to HGN holders in HUGIN farms to encourage holding.
For more info you can simply visit at https://docs.huginfinance.com/ |
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