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Layer 2 - HoneyBear launched on Aug 14th! HoneyFarm is a layered delegated yield farming project with deflationary tokenomics of a maximum supply. With the experiences as investors and managers of various DeFi projects, the team acknowledged that the other most important vaule of a DeFi project for investors beside not to be rug-pulled is to know when is the end of a project.
Since most of DeFi projects have inflationary aspect, all of them has an end of lifespan at some point. To be fair and profitable project to everyone, the team thought it will be the best to fix the end of token emission and announce it prior to the project start. In addition to that, layered farming will also give investors more options to diversify the investment strategy, which we believe the project more active and interesting.
Posted on 14 Sep 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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