Friday, March 24, 2023
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

CEFA: The Defi Solution that Brings Best Earning Opportunity through a Single Token

by firstcryptonews
July 18, 2021
in Press Release
crystal Elephant

DeFi emerged as one of the growing choices of investors over the past couple of years. Passive income opportunities are seen as one of the biggest attractions of this part of the crypto ecosystem.

However, with its rising popularity, DeFi has also become a chief attraction for scammers, making it most susceptible to different forms of attacks ranging from external hacks to rug pulls. With personal money at stake, it becomes quite critical for investors to trade in trustworthy projects with great returns. CEFA or Crystal Elephant Farm (CEFA) offers all the consistency, variety, and flexibility one needs to profit in crypto today.

CEFA is the evolution of DeFi – truly one token to rule them all. Unlike some of these fly-by-night tokens with ridiculously high token supplies, CEFA’s modest 100 million total supply promises 20 years’ worth of monthly airdrops to holders; dividends to the CETO Blockchain Family of existing tokens; locked liquidity with burnt LP tokens (can’t rugpull if there are no rugs!); and robust yield farming with plenty of staking opportunities for your tokens. With every transaction earning rewards, dividends to CETO, providing liquidity and burning the

token supply, CEFA is designed for scarcity and longevity.

Some of the key befits of CEFA includes:

  • More passive income through monthly airdrops, reflection, & upcoming CETO Bonds
  • Ability to stake and yield farm with dedicated token supply to farming tokens
  • More transactions and dividends for B/E/CETO holders
  • Works with CETO Foundation games & products
  • Helps finance bringing CETO Foundation products to market across all three chains
  • Future SaaS for gaming tokens with lottery, dice, card games, and more
  • the exchange token for a future DEX launchpad for gaming tokens
  • 5% of token sale to save the elephants!

What makes CEFA the Perfect DeFi Choice

There is a new DeFi project every other day promising high yields with big investments but, ultimately, fail mainly due to their inherent, mathematically based liquidity crisis. These so-called mooncoins with trillions in supply often fail to move ahead of their early goals because of a liquidity trap of their own making. Featuring excessively large, one trillion-plus token supplies that automatically provide liquidity, these tokens’ profitability is impossible to sustain long-term.

If you get in too late in these sub-penny spec plays, you will watch the tradable token supply grow to the point it drowns out the value. Yes, they may also be deflationary at the same time but there will not be nearly enough burned to balance out the auto-liquidity – nor enough demand to sustain the rocket-like returns the earliest investors received (and lured you in with). If it’s not buying into a pyramid scheme, then, at best, it’s buying into project quicksand.

On solid ground, CEFA provides plenty of reasons to hold and take profits. After the 20M of the Initial Farm Offering (IFO) tokens, there will only be about 30-35 million tokens available for the next few years, quietly providing reflection, divs, liquidity, and yield with every transaction. With a twenty-year plan, burned LPs, and a team that’s not going anywhere (only 1.5% in team tokens, distributed in quarter chunks every 90 days), you can buy into CEFA at any stage of its lifecycle and watch its scarce supply harvest abundant returns.

The Sound Tokenomics

In a time when projects are launching with trillion tokens supply cap, CEFA is focusing on quality rather than quantity. The project has a total supply of 100 million out of which 79% are locked for burn and airdrops. Out of this locked 79% or 79 million CEFA tokens, 24.4 million tokens have been reserved for monthly airdrops, where 100,000 CEFA would be distributed among existing token holders. 12.3 million has been locked for their upcoming investment instrument CETO Bonds, while the whole the remaining 12.5 million would be contributed toward the CETO Blockchain Family tokenholders in accordance with activity in the contract.

The broad token distribution is as follows:

  • 4M: Monthly airdrops
  • 20M: Initial Farm Offering supply
  • 20M: Fertilizer Bag account
  • 5M: CETO Blockchain Family
  • 3M: 90-day bond funds
  • 4M: Yield farming
  • 2M: Community support/Marketing
  • 2M: Locked liquidity
  • 5M: Team
  • 3M: Development fund

The 10% transaction fee consists of:

  • 4% automatically compounded into holders’ accounts (“reflection” rewards)
  • 2% burned to the “Fertilizer Bag” dead account
  • 75% goes back to CETO Blockchain Family (CETO, ECETO, BCETO) holders
  • and 4% provides liquidity on PancakeSwap (2% BNB, 2% CEFA)

Once the IFO sales allotment of 20M tokens is sold through, CEFA will seek to list on several exchanges and set up pools for yield farming. There are 1M tokens available to yield farm per 90 days for the first year. With the addition of each new farm, the CETO Foundation will notify the community of where you may stake your tokens once pools are set up and liquidity has been provided to trading platforms.

The project is currently conducting an Initial Farm Offering (IFO) through public sales where 20 million of these tokens are up for grabs. To provide additional value, transaction fees will be kept at 0% to facilitate the IFO process. Also, to ensure a fair price with proper price appreciation for all IFO holders, the project will be providing the locked liquidity (with burned LPs) after its five-stage series IFO token sales.

To learn more about CEFA, please visit cefa.crystalelephant.net

Twitter : https://twitter.com/CEFAToken

Telegram : https://t.me/CEFAOfficial

Reddit : https://www.reddit.com/r/CEFAOfficial/

Discord : https://discord.gg/Qek3eMeHDk

Related Posts

Exclusive “The Starry Night Licensed NFTs” To Release  In 3D and Augmented Reality on ElmonX

Exclusive “The Starry Night Licensed NFTs” To Release In 3D and Augmented Reality on ElmonX

by firstcryptonews
March 24, 2023
0

One of the world’s most famous paintings - The Starry Night releases as an NFT 26th March on ElmonX. London,...

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

by firstcryptonews
March 24, 2023
0

Dominator Domains provide real yield in ETH, no renewal fees and more! Own a piece of the web 3 infrastructure...

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

Dominator Domains, a Web3 innovative platform where users can register domains in 3 different blockchains and 10 different domain extensions

by firstcryptonews
March 23, 2023
0

Dominator Domains provide real yield in ETH, no renewal fees and more! Own a piece of the web 3 infrastructure...

FameEX launches Global Affiliate Program, offering an attractive rebate ratio of up to 90% and an exceptional commission system

FameEX launches Global Affiliate Program, offering an attractive rebate ratio of up to 90% and an exceptional commission system

by firstcryptonews
March 22, 2023
0

FameEX, a global and secure cryptocurrency exchange, is widely regarded as one of the best affiliate programs in the crypto...

Blue Chip Comics Announces Launch of BattleSpecies NFT, the Future of Digital Art

Blue Chip Comics Announces Launch of BattleSpecies NFT, the Future of Digital Art

by firstcryptonews
March 20, 2023
0

March 19, 2023 - Blue Chip Comics, the world-renowned digital media company, is thrilled to announce the highly-anticipated launch of...

FameEX’s Exclusive Sign-Up Bonus and Anniversary Celebration Draw 30,000+ Participants

FameEX’s Exclusive Sign-Up Bonus and Anniversary Celebration Draw 30,000+ Participants

by firstcryptonews
March 17, 2023
0

FameEX, the secure and global cryptocurrency exchange, has recently marked its third anniversary with a series of commemorative events and...

Next Post
Save the world Token

Save The World Token Announces $2mm + In Charity Donations in Its First 2 Months

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

surfex

Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

3 years ago
Introducing REX Cryptocurrency

Introducing REX Cryptocurrency

6 months ago
dmglobal

Would you use your crypto currencies to pay anything in daily life if it was possible?

3 years ago
Earn Passive Income from Crypto Cloud Mining with Nhash

Earn Passive Income from Crypto Cloud Mining with Nhash

2 years ago
X10 Legends

X10 Legends Successfully Launches Martial Arts NFT Game, Token Rises 49 Times

1 year ago
Two Main Factors That Can Speed Up The Next Major Bull Run To New All-Time High Values

Two Main Factors That Can Speed Up The Next Major Bull Run To New All-Time High Values

4 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds

Interest-Bearing Bonds-Backed Tokens: Generate yield using tokens backed by sovereign bonds

January 16, 2023

Press Release

Exclusive “The Starry Night Licensed NFTs” To Release  In 3D and Augmented Reality on ElmonX

Exclusive “The Starry Night Licensed NFTs” To Release In 3D and Augmented Reality on ElmonX

March 24, 2023

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News