About BernardoDefi
BernardoDefi (BERN 🐶 ) is the next generation of Automated Market Making (AMM) decentralized exchange with a deflationary governance token model. We are your go to yield farm running on BSC and Polygon, with lots of other features that let you earn tokens.
Besides the buyback burning mechanism introduced by BernardoDefi 🐶
we have implemented some unique innovative features on BernardoDefi yield farm to fight against the inflation problem faced by most traditional yield farms and even Salt Finance.
It’s All About The Supply!
For yield farmers, we truly enjoy it when our token price hits new ATHs. But in most cases, prices will drop drastically and render the token useless.
For the token to truly have value, the price needs to stay high and maintain its price there.
Which is why we believe that when the supply of tokens available is low AND emissions are low too, our yield farm would be more likely to succeed.
Low supply ➡️ We want to ensure that our tokens maintain their rarity in the market and provides a medium-term time frame for investors to store their assets confidently while enjoying their rewards. Having a high maximum supply would, in our opinion, lead to an early death for token and yield farm.
Low emissions ➡️ By emitting low amount of tokens in the market, we are minimizing the inflationary nature of our token and ensures that the price will not experience sharp drops over time.
Here at BernardoDefi, we only have 10,000 🐶 BERN (initial supply of 67,500 🐶 BERN) with an emission rate of 12 🐶 BERN/block.
With this, we hope to further stabilize BERN Finance and strengthen the long-term outlook of the yield farm for yield farmers to store their assets safely.