As Tezos ICO participants, we have waited…and waited… for tools and defi applications to come to life. Now that they are here, Tezos is exploding with applications, use cases, tokens and excitement. We want to add to that excitement and give the people what they want…$FARM.
Enter $SOIL / $FARM
We have, and currently are, airdropping individuals that participated in our $SOIL token generation event on Twitter. 150,000,000 $SOIL will be airdropped in total. This process will take a couple more days, so please bare with us.
What can I do with my $SOIL?
Whatever you want. They are used to do whatever you please; buy, sell, hodl. We have provided liquidity to the Quipuswap pool and trading has already started.
Quipuswap $SOIL
https://quipuswap.com/swap?from=KT1TtaMcoSx5cZrvaVBWsFoeZ1L15cxo5AEy_0&to=tez
However, $SOIL will be the driving factor behind being able to farm…$FARM. In order to earn $FARM, you will need to own $SOIL and provide liquidity to the $SOIL / $XTZ liquidity pair on Quipuswap. These $SOIL liquidity pool tokens will be used to earn $FARM.
So I’ve earned $FARM, what can I do with it?
Also, whatever you want! In our ecosystem, $FARM is the token rewarded for staking the $SOIL liquidity token. $FARM tokens will need to be added to the liquidity pool with the $XTZ pair. With $FARM liquidity pool tokens in your wallet, you will be entered in for reoccurring drawings of $SOIL, $FARM exclusive NFTs and even $XTZ.
To make the release week extra special, we will be airdropping 100 $XTZ to a random wallet. This will be more than usually airdropped, so make sure you pay attention to future information on a start date. More details will follow on requirements and ways to enter. You can follow our Twitter for the most up to date information. https://twitter.com/farmsomesoil
How long will this $FARM last?
We plan to release $FARM tokens over a 6 month time period
When can we expect a working $FARM?
That’s a tough question, but we are aiming for 1–2 weeks. Follow our Twitter for updates as we head to the finish line. https://twitter.com/farmsomesoil
$SOIL Tokenomics
$SOIL is the utility token and driving factor to earn more $FARM.
Contract Address: KT1TtaMcoSx5cZrvaVBWsFoeZ1L15cxo5AEy
Token ID: 0
Circulating / Total Supply = 1,000,000,000
Initial Airdrop = 70,000,000
Initial Quipuswap Liquidity = 550,000,000
Team = 150,000,000
Development Fund = 150,000,000
Marketing / Future Airdrops = 80,000,000
$FARM Tokenomics
$FARM LP tokens are needed to be entered into reoccurring airdrops.
Stay tuned for Contract Address information. Trading is not live of $FARM.
Circulating / Total Supply = 1,000,000,000,000
$FARM for the Farm = 750,000,000,000
Team/Dev Fund = 250,000,000,000
And finally, “will you just rug pull us?”. Well, we cannot. We started this project with a market cap of only $2,000. We wanted the community to have a fair shot at price discovery. Initially, we had 100% of the liquidity pool, but since then it has been community driven and the liquidity pool has grown to over 2000 $XTZ. As of writing this article, we currently own 15% of the liquidity pool for $SOIL.
This entire ecosystem requires community members to add liquidity pool tokens in order to participate in the farm / airdrops. We expect the liquidity pool will become very decentralized and eliminate the risk of a rug pull.
