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Busy DAO is Launching a New Token. How is UniFarm Faring?

Busy DAO is a decentralized distributed solution that leverages blockchain technology in multiple cases. Its team recently announced about their plan to build a decentralized platform for freelancers. They will distribute the Web 3.0 engine to everyone aiming to gain an advantage through smart contracts.

Busy DAO is launching its native token today. The token’s ICO price is $0.06, and a total of 1,666,667 BUSY are available for investors during the sale, which ends tomorrow.

The platform uses blockchain solutions as a basis. Busy also uses its own proof of stake consensus, randomly selecting users who verify the authenticity of blocks. The process is very fast, with the data immediately moved to the block.

Furthermore, the system contributes to overall decentralization, with each active user becoming part of the network. The whole process ensures a high level of security and simultaneously prevents double-spending.

Busy technology will soon apply to various B2C/C2C platforms through smart contracts. It offers many solutions for DeFi space obstacles, including a fully automated platform, utility staking, Transparency, security, native coin, and decentralized governance.

Utility staking that Busy DAO offers is an innovative blockchain feature. Besides, the team plans to build the freelance platform on a unique Web 3.0 technology as a charge-free solution, making every user a vital part of the platform’s decentralized ecosystem.

Every investor can occupy space through utility staking while using this platform and profit from staking with a reward of 33% p.a.

UniFarm raised $2 million from investors

UniFarm recently announced that it has already raised $2 million from investors. The platform launched a $UFARM token for ICO sale on April 19, 2021. Its most important use case is governance. The $UFARM token holders will be able to vote on all protocol-level changes in the project. Besides, UniFarm has added various classic DeFi utilities to the token, giving it a lot of value. It takes part in all major pools. So, traders can use it for staking on the UniFarm platform as well. According to the UniFarm team, they will add more use cases to the token as the project grows.

UniFarm token distribution:

This project uses a Buyback & lock model, ensuring scalability with no external financial crutches. UniFarm platform uses 25% of the fee gathered by projects to buy back tokens. These $UFARM tokens end up locked on this chain for a year. However, after that period, the tokens move towards the project’s treasury.

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