TheForce.Trade, a leading DeFi and NFT data aggregator with customizable smart contracts allowing users zero-fee auto-compounding for yield farming, has launched TheForce Coin (FOC) liquidity pool after listing on PancakeSwap on May 12, 2021.
PancakeSwap is the leading decentralized exchange on the Binance Smart Chain. It deploys an automated market maker model, supporting the creation of permissionless liquidity pools.
Liquidity providers across the board are now able to participate, allowing easy, cheap and trustless swapping of FOC tokens. For its contribution, TheForce.Trade has incentivized liquidity provision, allocating 595 million FOC as rewards for yield farmers.
Users who didn’t acquire FOC tokens from the private sale, the initial DEX offerings or from participating in various social media events like the latest CoinMarketCap airdrop on May 12, 2021, can now buy FOC tokens from PancakeSwap, Dodo DEX on the BSC or AEX exchange. And TheForce.Trade plans to list FOC on more exchanges.
The latest IDO on BSCPad on May 9 sold out in two minutes, raising 300,000 Binance USD (BUSD). Previous token sales on DuckDAO, LaunchZone and Bondly were also oversubscribed, with allocations selling out in minutes.
Token holders can also earn more FOC tokens by staking in supported pools and farms. Alternatively, technical FOC holders can take part in TheForce.Trade’s bounty program, identify a bug, report it, and earn FOC tokens.
Trustlook blockchain labs audited the project’s smart contracts, deeming them as secure without any flaws.
TheForce.Trade continuously aggregates data from the decentralized finance and nonfungible token sphere, allowing smooth trading or collection of NFTs for all users, regardless of experience.
They are also developing cross-functional services between DeFi and NFTs. This way, it will be easier for users to collect, process and collate information about different mining pools and investments in a simple format for users to digest.
The automation of processes saves time for DeFi and NFT users.
Most of them are currently entangled in various projects and pools across different platforms. Accordingly, they find DeFi and NFT investment time-consuming.
By bringing all these metrics to a centralized platform, while allowing real-time tracking, users would save time and promptly mitigate risks if need be.
“Our goal is to make DeFi and NFTs accessible and easy to use for anyone — without any fees — by using our auto-compounding DeFi and NFT tools,” said Peter Pan, co-founder of TheForce.Trade. “By holding FOC, users or investors of the platform are also entitled to receive rewards, including NFT drops and mystery prizes, as well as gain access to NFT farming and cryptocurrency lending.”
TheForce.Trade will offer zero-fee auto-compounding for yield farming, breaking into the NFT space by providing drops, farming and tracking services. They also plan to create a non-financial incentive for FOC holders. Users won’t have to lock their FOC tokens to use DeFi tools and services.
Furthermore, the protocol will eventually operate under direct market financing and build funding pools, thriving as an independent ecosystem with the capacity to support startups.
From this launchpad, users will have a chance to invest in early-stage projects.
TheForce.Trade is also live on Hoo Exchange, a leading digital-trading assets trading platform.
TheForce.Trade is a Binance Smart Chain-based DeFi and NFT data aggregator and earnings platform that is accessible to everyone.
It uses customizable smart contracts to simplify investments in DeFi and NFTs for users of all experience levels.
The project is backed by, among other crypto venture capitals, Moonwhale Ventures, Worshipper Capital, Wisteria Capital and Mint Ventures.