UniFarm Announces $2M Raise to Expand Token Farming Pools and Governance
Apr 12 2021 · 18:29 UTC by Julia Sakovich · 2 min read
Photo: UniFarm
You have successfully joined our subscriber list.
UniFarm is the only platform of its kind in the DeFi industry, showing the community’s willingness to participate in farming strategies that are easy to use and reliable.
UniFarm, a decentralized farming pool of DeFi’s top projects, has announced a $2 million investment from leading blockchain funds including AU21 Capital, LD Capital, Rarestone Capital, Morningstar Ventures, NGC Capital, Alphabit, Moonwhale Ventures, Acheron Capital, Zokyo Ventures, and more.
UniFarm pioneered the token farming pool model which has seen 17 top DeFi projects across 4 cohorts, attracting $8.3 million in total value locked (TVL) and giving users the chance to earn up to 250% APY while farming multiple tokens by staking just one of the participating tokens. This idea of staking one token and farming