TakoDefi is on fire! πŸ™ β€” Changes in Farms & new Bermudas πŸ”Ί

Tako DeFi
3 min readAug 23, 2021

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Konnichiwa!,
You’re good? We are very happy with the support we have received in recent days, I suppose you are aware, right? 😎

We again surpassed the million TVL and we remain there, In addition to being in the top of gainers in CMC with volumes over $500k. We are growing more than ever! πŸš€

If you do not know the project, welcome we are TakoDefi we have been delivering a quality yield farm & optimizer platform for more than 5 months, I invite you to read our previous post.

Here comes the news! πŸ“°

Farms πŸ‘¨β€πŸŒΎ

Our farms have not changed for a while, we want to change this a bit as we believe that empowering our tokens is the most important thing right now.

That is why we are going to slightly reduce (10%~15%) the allocation of non-native or less popular farms to incorporate it into our main pairs.

Farms that will receive a reduction:

  • TAKO β€” BANANA
  • TAKO β€” CAKE
  • CAKE β€” BNB
  • ETH β€” BNB
  • BANANA β€” BNB
  • BNB β€” BUSD
  • BANANA

Farms that will benefit:

  • TAKO earn TAKO
  • INKU earn TAKO
  • TAKO β€” BNB
  • INKU β€” BNB
  • TAKO β€” BUSD
  • INKU β€” BUSD

We believe that these changes are for the better and will improve our pairs APYs a lot, now having $TAKO and $INKU will become more valuable! 🀩

These changes will begin on Tuesday, August 24 at 19:00 UTC.

Bermudas πŸ”Ί

Since the Bermuda of BNB and MATIC were implemented, they have been a success, they will continue to work indefinitely.

In addition to these we always seek to incorporate new Bermuda.
That is why we are looking for our next one, Tomorrow Monday, August 23 we will open a proposal to choose the new ones ✨

Emission in Polygon πŸ’œ

The rewards assigned to Polygon are currently 10% of the TAKO generated in BSC.

So per 0.5 TAKO generated on BSC, only 0.05 TAKO are sent to Polygon as rewards

We think that this is very little and does not make farming so attractive in Polygon, limiting ourselves to create more farms on that side.
We seek to enhance this and for that we need your decision-making power, tomorrow August 23 we will open a proposal in order to increase the emission of TAKO sent to Polygon

The options will be the following:

  • Increase TAKO emission by 5% (0.075 TAKO per block sent to Polygon).
  • Increase TAKO emission by 15% (0.125 TAKO per block sent to Polygon).
  • Do not change the emission.

None of these options will affect farms in BSC, you will not suffer any change.

Follow us on all our social networks to keep up with the news! πŸ™

Web: https://takodefi.com/
Twitter: https://twitter.com/TakoDeFi
Official TG Group: https://t.me/TakoDeFi
Official TG Spanish Group https://t.me/TakoDefi_ES
Announcements Channel: https://t.me/TakoDeFiAnn
Price Bot Channel: https://t.me/BinanceRocketTAKO

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