PHY Token Gives Investors Access to NFT-Marketplace 

The Physalis.finance platform is an interesting startup, which will consist of liquidity pools. According to the company, these Pools will collect deposited underlying assets from liquidity providers and, after that, host them on platforms to earn interest.

Physalis develops various products, such as Yield farms, token analyzer, and NFT marketplace. The Physalis ecosystem includes all these products. Its team plans to integrate a system of Physalis buyback from the market using the profit that the company’s developments will bring.

However, Physalis decided to create its own token to aid it in achieving its goals. Investors will be able to buy PHY tokens during the initial coin offering from April 4. They would have to trade Ethereum in exchange, though. Currently, the PHY token’s price became listed as 0.025 ETH in ICO. But the price will likely increase in the future. Thus far, a total of 58000 PHY are for the initial sale.

This platform may prove profitable, considering that providers of liquidity are increasing the yield daily. However, investors should consider that if they decide on an early exit from the liquidity pool, the harvest is not Issued. Instead, it is distributed among all the participants remaining in the pool. The company advises planning to exit the liquidity pool with the onset of a new period in order to don’t lose the harvest.

Furthermore, investors will be able to harvest over the past period without losses after the onset of a new period. But harvest farming won’t start until Q2 2021 after the project audit.

 Physalis has an impressive Roadmap for 2021

The company has already published its Roadmap for this year. Now it needs investors to realize its plans. Physalis also stated that it would present the plan for the next year in mid-December 2021.

According to the company, it will test the strategy of profitable farming and audit contracts after the presale. Physalis also plans to start profitable farming according to the strategy and prepare technical documentation for the development of an NFT-marketplace and a token analyzer.

In the fourth quarter of 2021, the company will test and release the token analyzer (Beta), assembly and test NFT-marketplace and launch the NFT-marketplace platform.