BSCDaily.com hosts Evolution: the next generation of yield farm on Binance Smart Chain
BSCdaily – Admin: Hello everyone!
BSCdaily – Admin: Today our guest is: @evoDarwin from Evolution – the next generation yield farm on Binance Smart Chain
BSCdaily – Admin: Thank you for attending today’s AMA @evoDarwin, nice to have you here
Darwin: Hi guys, nice to meet you! Thank you for having us here!
BSCdaily – Admin: It’s our pleasure
BSCdaily – Admin: Are you ready? @evoDarwin
Darwin: Sure thing, I’m born ready =)
BSCdaily – Admin: I love your spirit ;))
Darwin: That’s the spirit of my whole team, that’s why we are moving so fast
Q1: What is Evolution all about? Give us a little summary
Darwin: There might be a problem to provide just a little of summary because there’s so much to tell but I’ll try.
Darwin: In one sentence Evolution is a truly new standard in the industry of yield farming. We’ve managed to implement an interesting approach to improve the deflationary nature of our native token GEN.
BSCdaily – Admin: Interesting!
Q2: Could you tell us a little bit about yourself and your team?
Darwin: We are a team of 5 developers, 2 designers and 2 marketers trying to bring something new to the yield farming industry.
Q3: Why did you and your team decide to build Evolution?
Darwin: We’ve been inspired by yield farming in general and by the speed it gains traction.
Darwin: Being ‘farmers’ ourselves we’ve had good and bad times and once decided – we became determined to build our own stable and profitable farm.
BSCdaily – Admin: Nice, so Evolution is a yield farming platform!
Darwin: And I believe our ideas appeal to lots of people. Presale has been fullfilled within couple of hours and since the start of the farm TVL grew drastically. All in a bit more than 24 hours!
Q4: What distinguishes Evolution from the other farms do you think?Darwin: Please be patient with this one as I have lot’s of things to say =)
BSCdaily – Admin: Sure, take all the time you need
Darwin: You can farm our native token GEN buy providing liquidity and take it easy. Just like in any other normal farm.
Darwin: Or you can be proactive – open Loot boxes (evodefi.com/lootbox) to get NFTs that will boost your APR according to its level.
Darwin: Yesterday, ust a few hours after the start of the farm we’ve released NFT Market (evodefi.com/nft/market)where you can buy and sell NFTs straight from your mates.
If opening loot boxes and playing the game of chances is not your cup of tea – you are welcome to buy it straight away for a competitive price.
Let me explain briefly how else you can apply NFTs to your farming strategy.
Does 50% farm bonus sound good enough? It’s a real thing once you burn your NFTs.
Darwin: The amount and levels of NFTs that you burn will determine amount of hours bonus will be applied to your farm.
Yet 50% sounds quite crazy, right? That’s why this bonus is temporary and doesn’t last long.
In order to not to take too much of your time guys, I encourage you to take a look at the detailed explaniation of NFTs on our Medium (evolution-bsc.medium.com/evolution-nfts-8ed5bc73a69f)
Darwin: What could intrugue you even more is that we are open to our community and announced today special traigt of the top tier NFT.
Owners of this NFT will get access to private chat with the team where upcoming events will be shared before their official announcement!
I hope you are guys still with me because I need to tell you about two more things. I’ll try to be straight to the point.
NFTs can participate in daily evolution process (evodefi.com/evo) and get a chance to evolve to the next level.
The most important and that’s the one that I saved for last is elastic emission of reward per block.
This is something we are extremely proud of as it showed good results right from the start.
Let me explain what’s that and why it is so important.
When price drops below $10 mark emission of reward per block drops proportionally.
Darwin: For example
– for $5 price it will be 0.5 GEN/block,
– for $2 price it will be 0.2 GEN/block
Darwin: If it soars above $100
– for $120 price it will be 1.2 GEN/block,
– for $250 price it will be 2.5 GEN/block
Darwin: To get it right please take a look at our article on this topic (evolution-bsc.medium.com/elastic-emission-explained-d047eca0d1b3)
Darwin: I guess that’s almost it except of couple of details which you can find on our medium, twitter and of course official telegram channel.
BSCdaily – Admin: Thanks for the dedicated answer @evoDarwin
Darwin: My pleasure
Q5: So does your native token $GEN has a fixed total supply?
Darwin: There is initial supply that has been allocated for the presale. Further amount of tokens in circulation are being regulated by all deflationary mechanisms that we have. Almost every feature of our farm one or another way takes token out of circulation and keeps it all in perfect balance.
Darwin: And that’s not only that. As a competetive farm we inherit all the good things. Such as buys back. Speacking of which – the first one has happened a few moments ago!
Darwin: BUYBACK ALERT 3000 GEN (41 850$) WAS BURNED!!!!bscscan.com/tx/0x489d4e2c94a3b28bd1426989b264f273d07049becfe5adab5eaf7d4efb17830c
Q6: Where is Evolution headed to? What are your upcoming plans?
Darwin: Well, we are aiming pretty high. The closest big announcement will be about new service that we will introduce that will provide utility to GEN token. You know what it means – when there is utility there is demand. We are strongly determined to be the most stable, gamified and innovative yield farm in the industry, guys!
BSCdaily – Admin: Awesome! looking forward to your new service
Darwin: Among something that we can disclose now which is also coming soon is listing on top 100 CMC Exchanges
BSCdaily – Admin: Wow, big news, congrats you and Evolution’s team
Darwin: Thank you =)
Darwin: It’s all impossible without providing value to our community and that’s what we aim to do and are doing already. Just imagine – 24 hours after the start of the farm we are approaching $3,000,000 in TVL!
Darwin: Wait a second! We are already there
BSCdaily – Admin: Impressive achievement in only 24 hours!!!
Q7: How do you approach both hard and soft rug pulls dilemma?
Darwin: Let’s start with the most important thing – our team has almost none of GEN tokens.
Darwin: We implemented standard procedures for the industry – timelock is in place, migrator code removed.
Darwin: In case of whales dump we have have always elastic emission that will lessen the selling pressure on the token if it’s price starts to go down.
Darwin: Yet that’s emergency measures and I’d like to see our project as one full of a variety of deflationary mechanisms such as
– burning NFTs
– fusing them
– evolution process
– marketplace
– regular buys back
– project marketing and promotion
and others along with big things coming this week to be capable to strive and take top places in chart of dapps on dappradar.com/.
Q8: Where can we find out more about Evolution?
Darwin: I’d love to do that. Here’s where you always can find and reach us
Darwin:
Website – evodefi.com/
Medium – evolution-bsc.medium.com/
Telegram – t.me/evolution_bsc
Twitter – twitter.com/evolution_bsc
BSCdaily – Admin: Thanks for sharing
BSCdaily – Admin: As we are coming to the end of the AMA. @evoDarwin, anything else you’d like to add before the end?
Darwin: Thank you guys for your attention! I wish you all a great day!
BSCdaily – Admin: Thank you very much for your time today at BSC Daily @evoDarwin
BSCdaily – Admin: Hope you have enjoyed yourself as much as all of us did
BSCdaily – Admin: I wish Evolution all the best and look forward to its development in the near future!
Source : cryptodaily.io
