AMA Announcement: CEO from Pump Farm

The Selective
2 min readNov 25, 2020

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Hosted in The Selective Ape Telegram Chat 25th November @ 15:00 UTC.

The Selective Ape Community is proud to announce that we will be holding an AMA with Pump Farm on the 25th November @ 15:00 UTC.

What is Pump Farm:

Pump Farm aims to discover what happens with a fairly launches governance token that is designed to reward long-term holders and naturally pump.

Mechanics:

Unlike CORE, Pump.Farm adopts another LP lock strategy to achieve long-term development. Besides LP lock, the buyback policy will ensure projects a natural pump curve.

Much like other decentralized yield farming protocols, PPF deploys vaults with yield farming strategies. Vaults always contain a singular stable coin or other and award a token of equal value to the yield deposited into the PPF. Again, similarly to other vault protocols, the PPF Vaults deploy a yield farming strategy using the vault holdings and generating interest.

PPF rewards strong Hands; meanwhile, for all stake fees, will all be used for PPF buyback. The key difference between the PPF and other vaults is what happens with staked LP. PPF adopts a unique LP lock differentiation strategy. In the beginning, there will be 4 types of ETH-PPF pool with different LP lock periods below:

Token metrics:
Ticker: PPF
MAX Supply: 3,300,000
Distribution: PPF tokens will be fairly distributed through Uniswap Listing and PPF Farm. No ICO, NO VC, NO Premine.
Initial Uniswap Listing: 300,000
Time: UTC 03:00 November 26, 2020
Liquidity Farm Rewards: 3,000,000 Team Share: 0

Important links:

Pump Farm:

Website: https://www.pump.farm/
Twitter: https://twitter.com/pumpfarmdefi
Telegram: https://t.me/pumpfarm
Whitepaper: https://www.pump.farm/PPF_WhitepaperEn.pdf

The Selective Ape Community

Telegram Chat: https://t.me/TheSelectiveApe
Telegram Announcements: https://t.me/TheSelectiveApes
Twitter: https://twitter.com/ApeSelective

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