Wednesday, December 8, 2021
Home Crypto News Market HODL CROP, farm different tokens. Get FarmerDOGE on Coinstore!

HODL CROP, farm different tokens. Get FarmerDOGE on Coinstore!

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First BSC token to reward holders with other tokens!

FarmerDoge ($CROP), the latest spin-off from the DOGE family on Binance Smart Chain (BSC) has a unique business proposition. By holding CROP, hodlers will be rewarded with dividends in the form of other BSC tokens! With a 10% token tax on all trading volume that will be channelled to reward their community, FarmerDoge holders will be able to receive other tokens, without swapping, staking, or lending – simply just by holding CROP.

Special mechanism in FarmerDoge smart contract

Rather than ‘reflections’ or ‘redistributions’ of tokens that are currently utilised by other projects, this special mechanism in the smart contract takes a 10% tax from any trade and swaps it to rewards in the form of other BSC tokens. Distribution of the tax rewards are according to $CROP holder’s ownership of the supply percentage. Example: A hodler that possesses 10% of the current circulating supply, will get allocation of 10% of the tax rewards at the moment of trade finalisation. Rewards are automatically credited during both buy/sell transactions, therefore users do not have to worry about trading balances.

We are Farmer Doge, and we are the crypto set out to help feed the world. We want to get hands on and be there at the front lines fighting hunger. We will change the way people view crypto as a whole. To be able to bring communities together and find a way to help one another, rather than fight amongst each other trying to be the best project.”

– Quest, FarmerDoge CEO

A project with an altruistic outlook on the token economy

By studying the tokenomics and token proposal submitted to Coinstore, it was clear that $CROP is a project that works for the heart of the crypto-ecosystem itself. By teaming up with several partnerships and projects on BSC, the FarmerDoge team is ready to rollout a series of BSC-tokens as rewards and these tokens will be announced soon.

CROP Token Overview

Total Supply: 10,000,000,000

Market Cap: 3M USDT

Transaction Tax: 15% (10% rewards, 3% operations wallet, 2% liquidity pool)

Blockchain: Binance Smart Chain

Launch Date: 20 August 2021 (PancakeSwap)

Coinstore Listing: 8 November 2021, 18:00 (UTC+8)

Holding FarmerDoge’s $CROP

By holding CROP, users can receive tax rewards from trades of CROP and receive other tokens. This impressive differentiating factor is certainly unique compared to other tokens. Do note that users can receive the rewards in 2 ways:

  1. Activate the release (gas fees) by purchasing $CROP or;
  2. Wait for sell volume to increase and unlock rewards that have been building up

Without buying and selling multiple tokens, FarmerDoge rewards their users with convenience and provides hodlers with more token options. This allows for a small diversification of the user portfolio and increases liquidity and health of several projects. Projects are kept alive by the line of liquidity. Reward tokens will be featured and cross-posted to Telegram to update the FarmerDoge community.

At the time of writing, each CROP token is valued at 0.00014~ USDT. With CROP’s unique token use-case and the increasing adoption rate of cryptocurrency globally, Coinstore is very pleased to have received FarmerDoge’s CROP listing request.

A Closer Look at CROP’s General Tokenomics

CROP’s total token supply is 10,000,000,000, with 15% distribution for every transaction

  • 62% tokens released in private sale (locked-in for 6 months)
  • 33% tokens allocated in FairLaunch
  • 5% tokens for dev wallet expenses

15% tax distribution for every CROP transaction. 10% of the tokens will be directed for rewards. 3% channelled towards operations, airdrops, and giveaways activities for the FarmerDoge community. Finally, 2% will be put towards liquidity in trading pools.

Freshly Listed on CMC and Coingecko

Check out CROP’s daily trading volume on:

CROP’s Upcoming Project Plans

Following on CROP’s listing on centralised exchanges, we are happy to announce that Farmer Doge will be listed on Coinstore Exchange on 8 November 2021, 18:00 (UTC+8). Partnerships with other projects and local communities are also underway to encourage growth for CROP. The FarmerDoge NFT marketplace and Swap are in development, which will be expected to launch in the fourth phase of CROP’s roadmap.

CROP Official Channels

Website: https://www.farmerdoge.net/

Telegram: https://t.me/FarmerDogeCrypto

Twitter: https://twitter.com/farmerdogebsc

Get $CROP on Coinstore: https://www.coinstore.com/#/spot/CROPUSDT

Download the Coinstore app: https://www.coinstore.com

About Coinstore

Coinstore’s goal is to advance the crypto industry to the next level and provide access to popular digital assets to the mainstream public. Encompassing a whole new concept of “fun” in finance, Coinstore plans to make digital assets available for everyone. Still in the early stages, Coinstore welcomes community members and interested influencer partners to collaborate in the up-and-coming stages.

Media Contact:

Charles Tan, Marketing Head, Coinstore

[email protected]

Liu Yi Yun, Branding Executive, Coinstore

[email protected]

Coinstore Social Media:

Twitter: https://twitter.com/coinstore_en

Telegram Discussion Grouphttps://t.me/coinstore_english

Telegram Announcement Channelhttps://t.me/coinstore_global

Facebook: https://www.facebook.com/coinstore.en/

Website: https://www.coinstore.com

Discord: https://discord.gg/KKHtHa4KPX

 

 

 

 

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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