CoinExchange.io
CoinExchange.io
Neonic finance yield farm is the result of months of hard work from a team of 10 people dedicated full time to this project, primarily on tokenomics but also on an exceptional user experience, you can even change the neon background colors!
Neonic is designed specifically to make users’ assets grow. We will achieve this with 3 simultaneous strategies: A deflationary token policy, an aggressive burning mechanism and by an improved contract code that reduces gas utilization compared to conventional farms.
How will Neonic.finance help to make your assets grow?
In Neonic.finance we’ve been working hard to grant our users a friendly and reliable platform that will not only be easy to use, but will grant the following features:
• Pools
• Farms
• Vaults (Coming soon)
• Automatic compounding
Neonic.finance users also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimization. Depositing funds into Vaults is a passive investment strategy, which can bring users maximum yields on their deposited balances. Thanks to the protocol and the process of automated compounding and yield aggregation, the initial value of deposited assets is increasing with minimal involvement on the users end.
• DEFLATIONARY TOKEN EMISSION
In Neonic.finance we will reduce the emission rate by 1 BLOCK every 24 hours until we reach zero token emission. Then no more tokens will be minted, and the supply will be fixed. The emission rate decrease can be paused if necessary (if market cap is decreasing for example) and then retaken but will never increase.
• LIMITED SUPPLY
Once the token emission reaches zero, the token supply will be limited. The final number of minted tokens will depend on the volume, market cap, manual and automatic burns, etc.
• BURNING MECHANISM
$NEON will have two unique burning mechanisms:
A) Manual burn, the classic burning mechanism that works in most of the yield farms but with an added feature.
B) Automatic burn, it’s an innovative feature that will automatically burn 1% of each transaction. According to our simulations this will result in an approximate 20% automatic burning of the total minted tokens, depending on traffic, volume, etc.
Manual burning specifics:
Another feature that makes neonic.finance token different from others is that most yield farms “burn” tokens by sending them to a dead address and removing them from the circulating supply, but they are not really burned and can be relocated on the circulating supply.
• IMPROVEMENTS IN CONTRACT EFFICIENCY:
In Neonic.finance we worked hard in order to develop an enhanced code that makes gas utilization more efficient than conventional yield farms, hence, less gas=more profits
