Introduction to DxFarm

DxFarm is the first Decentralized Finance (DeFi) application created by DxChain team on BSC. It aims to be a one-stop DX financial platform that includes lending, trading, farming and Camel NFT.

Swap

We created the DX-BNB pair on the decentralized exchange PancakeSwap, and users can swap between DX and BNB.

The model of the decentralized exchange determines that the swap will have slippage. Generally, the default slippage tolerance is sufficient for general swap. If large amount are required, a larger slippage tolerance can be set to prevent swap cancellation

Pool

The liquidity pool of the DX-BNB pair. After increasing liquidity to the DX-BNB liquidity pool, the liquidity certificate LP Token can be obtained. When you add liquidity, you are given DX-BNB LP Token representing your position. The LP Token automatically earn fees proportional to your share of pool, and can be redeemed at any time.

Farm

Staking the DX-BNB LP Token to earn high DX rewards. Rewards are released in blocks, with about 4,000,000 DX released in the first week, and a 20% decrease every week thereafter. When the total value staked is small, more rewards can be allocated, and the earlier the staking, the higher the reward.