Animal Farm: A Sustainable Yield Aggregation Platform

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Ani­mal Farm envi­sions pro­vid­ing a decen­tral­ized yield aggre­ga­tion mod­el with sus­tain­abil­i­ty in mind.

DeFi is gain­ing wide­spread pop­u­lar­i­ty in the cryp­to realm. Finan­cial ser­vices offered on pub­lic blockchains are referred to as DeFi (or “decen­tral­ized finance”).

Most bank­ing ser­vices are sup­port­ed by DeFi, includ­ing earn­ing inter­est, bor­row­ing mon­ey, lend­ing mon­ey, pur­chas­ing insur­ance, trad­ing deriv­a­tives, trad­ing assets, and more.

Yield farm­ing has been gain­ing pop­u­lar­i­ty since its intro­duc­tion in 2020. It allows high-yield farm­ers to get a fixed APY. How­ev­er, sev­er­al plat­forms scoop up major prof­its in the form of hefty fees from their users. This lim­its the poten­tial for users to earn more.

Let us take a look at Ani­mal Farm, decen­tral­ized lend­ing, and the yield aggre­gat­ing DeFi pro­to­col

Animal Farm in a nutshell

Ani­mal Farm is a decen­tral­ized own­er­ship lend­ing and yields aggre­gat­ing pro­to­col. This DeFi pro­to­col sets itself apart from its com­pe­ti­tion with its mechanics.

The plat­form offers decen­tral­ized lend­ing with­out rely­ing on algo­rithm sta­ble­coins or high-risk mod­els. Ani­mal Farm uses a ful­ly decen­tral­ized dynam­ic sup­ply con­trol algo­rithm. This allows the plat­form to trust­less­ly adjusts yield with­in a sus­tain­able range with a focus on opti­mal per­for­mance. This even allows the native assets to become defla­tion­ary in low-demand cycles.

“Our vision is to make tra­di­tion­al finance tools, typ­i­cal­ly only reserved for the super-wealthy, avail­able to any­one by using decen­tral­ized pro­to­cols which are not lim­it­ed by the gate­keep­ing of cen­tral­ized institutions,”

Forex_shark, main Ani­mal Farm dev.

What makes Animal Farm unique?

Its goal is to make tra­di­tion­al finan­cial instru­ments, which are gen­er­al­ly exclu­sive­ly acces­si­ble to the extreme­ly wealthy, avail­able to every­one. All of its solu­tions make use of trust­less mod­els, which enable cus­tomers to take con­trol of their finances fully.

Ani­mal Farm’s core prod­uct is lend­ing and yield aggre­ga­tion, but unlike oth­er plat­forms, it is the only one that tru­ly sup­ports gen­uine decen­tral­ized own­er­ship. Here are some of the key fea­tures that make Ani­mal Farm stand out.

Fully decentralized lending

Ani­mal Farm has a ful­ly decen­tral­ized lend­ing pro­to­col. It min­i­mizes high-risk expo­sure by not rely­ing on any algo­rith­mic sta­ble­coins. Instead, Ani­mal Farm uses col­lat­er­al­ized TVL to lend to Pan­cakeSwap. Pan­cakeswap then uti­lizes this col­lat­er­al to fill order­books for trad­ing and per­form oth­er prof­it-gen­er­at­ing tasks. 

This is one of the many cash flows Ani­mal Farm takes advan­tage of to cre­ate low-risk yield aggre­ga­tion, paid out in a BUSD div­i­dend. Unlike oth­er plat­forms, Ani­mal Farm’s yield comes from real prof­it-gen­er­at­ing utilities.

Dynamic supply control

A ful­ly decen­tral­ized dynam­ic sup­ply con­trol mech­a­nism is used in Ani­mal Farm to keep the yield with­in a sus­tain­able range. The demand for the under­ly­ing assets deter­mines how to reward and reg­u­late emissions.

Ani­mal Farm rec­og­nizes that demand in mar­kets comes in cycles. When demand is low, emis­sions adjust,  restrict­ing the sup­ply and empow­er­ing the cur­rent demand to achieve opti­mal per­for­mance for the Ani­mal Farm tokens (AFD & AFP). This enables AFD and AFP to per­form at their best prices through­out all mar­ket sit­u­a­tions. This makes it dif­fer­ent from oth­er plat­forms that blind­ly inflate their sup­ply to emit rewards.

Full governance model

The full gov­er­nance mod­el of the plat­form allows investors to be a part of own­ing the plat­form and not just the tokens. This also allows investors to vote for cru­cial deci­sions, includ­ing roadmap pro­pos­als. It also allows investors to secure div­i­dends such as BNB and BUSD that are gen­er­at­ed by plat­form fees.

Rewarding loyalty

One of the stand­out fea­tures of Ani­mal Farm is that there is a unique loy­al­ty sys­tem for investors. It adjusts the tax relat­ed to the yield gen­er­at­ed depend­ing on the individual’s loy­al­ty to the plat­form. Basi­cal­ly, this works because when investors con­duct actions ben­e­fi­cial to them­selves and the net­work, their loy­al­ty score increas­es, and their tax rate on trans­act­ing AFD reduces.

Users can gain loy­al­ty points by stak­ing DOGS (AFD) on the plat­form. This will set up a reward sys­tem for sup­port­ers with all the ben­e­fits of vest­ing with­out lock­ing up the tokens or intro­duc­ing any of the addi­tion­al neg­a­tive exter­nal­i­ties which come with vest­ing, such as pre­dictable unlock­ing peri­ods that intro­duce addi­tion­al tokens to the cir­cu­lat­ing supply.

PigPen and Dog Pound

Ani­mal Farm has two types of native tokens. Hold­ing these tokens pro­vides users with dif­fer­ent ben­e­fits. Both these tokens have unique toke­nomics and pro­vide users with sev­er­al ben­e­fits for those who want to get the most out of the platform.

PigPen

Pig­Pen, Ani­mal Farm’s gov­er­nance stak­ing pool, enables AFP hold­ers to acquire a por­tion of the platform’s own­er­ship. It is made to offer investors the great­est BUSD div­i­dend avail­able. It pays stak­ers a BUSD div­i­dend made up of 30% of the income from its rehy­poth­e­ca­tion col­lat­er­al lend­ing strat­e­gy, 75% of all plat­form deposit/withdrawal fees, and 1/3 of all tax­es paid on AFD transactions. 

It enables users to vote on spe­cif­ic ideas for impor­tant plat­form roadmap and crowd-fund­ing decisions.AFP invest­ed in Pig­Pen also gains PIGS earned by Pig­gy Bank fees.

Dog Pound

The Dog Pound is Ani­mal Farm’s loy­al­ty pro­gram. It enables investors to receive a high-yield BNB div­i­dend while reduc­ing the trans­ac­tion tax on their AFD by at least 0.75 to 1% each day. AFD fea­tures a vari­able tax that serves as a form of vest­ing. Instead of lock­ing up the users’ assets, Ani­mal Farm dis­trib­utes val­ue from users trans­act­ing AFD with low loy­al­ty scores to users in the DogPound. 

Incen­tivis­ing users to remove AFD tokens from cir­cu­la­tion to earn a BNB div­i­dend and increase their asset hold­ings rather than risk­ing their assets through spec­u­la­tive trad­ing for short-term high-risk gain. Dog Pound stak­ers receive 2/3 of all tax­es levied on AFD trans­ac­tions in exchange for BNB.

Due to the unique incen­tive struc­ture and the real-world prof­it-gen­er­at­ing util­i­ty Ani­mal Farm pro­vides, through its col­lat­er­al lend­ing, it’s the only plat­form where investors can secure prof­its in a high-yield BNB and BUSD div­i­dend with­out ever sell­ing their native assets AFD or AFP. 

In all mar­ket con­di­tions, one class makes a con­sis­tent prof­it, and that’s the own­ers of inno­v­a­tive plat­forms; Ani­mal Farm is the only plat­form pro­vid­ing this val­ue to its participants.

Roadmap

Ani­mal Farm is cook­ing up devel­op­ments with Drip Gar­den and lay­ing out future plans.

  • Mid-Octo­ber 2022 – Ani­mal Farm launch, Dog Pound and Dogs Roulette launch
  • Mid-Novem­ber 2022 – DOGS of For­tune game launch, New DRIP UI
  • Mid-Decem­ber 2022 – Part­ner­ship Vaults, Scratchy integration 
  • 2022–2023 – Plans to bring Trad­Fi instru­ments, lend­ing to indi­vid­u­als and insurance

Conclusion

The team at Ani­mal Farm is try­ing to make a plat­form that allows it’s user base to secure prof­its in the form of a BNB & BUSD div­i­dend cre­at­ed through par­tic­i­pat­ing in decen­tral­ized prof­it-gen­er­at­ing ser­vices, while max­i­miz­ing yield and price per­for­mance with the imple­men­ta­tion of inno­v­a­tive incen­tive structures.

Ani­mal Farm envi­sions being a leader in the DeFi indus­try with a com­pre­hen­sive roadmap. It includes prod­ucts that are already cre­at­ed and an inven­tive yield-pro­duc­ing method that works in all mar­ket situations.

FAQs

Unlike oth­er DeFi projects, Ani­mal Farm is a ful­ly decen­tral­ized lend­ing, dynam­ic sup­ply con­trol, vari­able tax, reward­ing loy­al­ty to elim­i­nate sell pres­sure, and gov­er­nance mod­el with: vot­ing, prof­it share, and crowdfunding.

Com­mu­ni­ty and social net­works:

Web­site | Dev Telegram | Main Telegram

Disclaimer

All the infor­ma­tion con­tained on our web­site is pub­lished in good faith and for gen­er­al infor­ma­tion pur­pos­es only. Any action the read­er takes upon the infor­ma­tion found on our web­site is strict­ly at their own risk.

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