Canine Farming
Canine Farming

@CanineFarming

12 Tweets Oct 11, 2022
We are building a staking platform but it will be run as a community project.
The maximum supply of our native token #CFM = 10 million and the initial token supply = 250 (i.e Two hundred and fifty only).
We plan to crowd fund this project by leveraging on the collective
efforts of the Canine Farming community members. The sum of $2,000 has been announced as the total amount of fund that's required to be raised. It's expected that, with $10 contribution each from 200 persons we would reach a fund cap of $2,000.
These 200 persons automatically
become foundation members of the Canine Farming project.
All contributions are to be deposited into the USDT TRC20 wallet address below 👇
TVv7rALqcKWwG5ex69o58pMb6gNHm6AhMh
Please, beware of imposters. We will never DM you to ask for contributions.
How does the staking work?
It's assumed that there would be two categories of token holders in the community.
The first category are those who plan to earn rewards for holding #CFM tokens. The second category are those who don't plan to earn rewards for holding #CFM tokens.
In order to earn rewards for holding #CFM tokens, it is mandatory for holders to buy at least 1 consumable #CanineFarmingNFT.
The native token #CFM is the only acceptable token to buy #CanineFarmingNFT on our platform.
The "Consumable NFTs" are like tickets for gaining access to the venue of an event.
There will be no need to buy #CanineFarmingNFT for those in the second category, since they don't intend to earn rewards for holding #CFM tokens.
Why should I contribute to this project?
You stand to benefit greatly from the Canine Farming project, if you are lucky to be among the foundation members.
Firstly, the 250 initial token supply will be shared among foundation members.
Secondly, each of the foundation members
is entitled to one #CanineFarmingNFT.
Thirdly, you will earn 400% in APY for holding #CFM tokens.
However, the system will stop paying out rewards as soon as the total supply of #CFM tokens hit 10 million in circulation.
This is because the system has completely minted the proposed total token supply for the Canine Farming project.
This qualifies #CFM to be in class of "limited supply assets" like #BTC and #BNB.
Listing of #CFM token.
The #CFM token will be listed on pancake swap and other DEXs as soon as possible after launch to build volume before approaching centralized exchanges for a listing deal.
I will not be surprised if big exchanges voluntarily list #CFM
due to its market cap.

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