FarmersOnly Layer 3

FarmersOnly is one of the first yield farms on the Avalanche blockchain, and built upon proven features and logic that have been battle tested on Polygon. Our initial strategy for securing yield is to use these proven features to generate solid yield and passive income for token holders.

After a majority of deposits are made, incentives such as token buyback/burns and dividend pools will be implemented in order to add buy pressure to the ONION token, and offer a more diverse set of rewards for owners to to earn while yield farming.

One thing we are not doing is farming just to farm: with the collected revenue from the project, we already created the Layer 2 and Layer 3 that introduces the King’s Ransom and the Sword of Damocles, features never seen in any other DeFi project, and we plan on creating more of them such as NFTs, auto-compounding vaults, an official FarmersOnly DEX and much more.

The maximum supply for ONION is 14444 tokens, this is to make sure the value of scarcity is provided to token holders.

This means max supply will be hit in ~3 months from farming start (also devs gotta have holidays, merry Christmas!).

We intent on making this a sustainable project through the usage of layers, and intelligent allocation of funds to create incentive programs and partnerships to add value to all tokens created.