Many existing solutions in the field of DeFi and trading tokens turned out to be in practice very underdeveloped. CORE Vault has set itself the goal of changing this state of affairs, and its implementation is to be achieved through deflationary farming.
What is deflationary farming?
Transfers tokens CORE are charged with a 1% fee, which goes directly to the farmers. The deflation farming mechanism made it possible to generate tokens with a total value of $ 000 on the first day, without creating individual coins.
The mission of CORE Vault is to provide people interested in farming with DeFi solutions. One of the main problems in this area has so far been distribution issues.
The solution to the problems of the DeFi sector
Inflating the moment to award rewards for farming does not have a positive effect on prices - they will drop due to inflation. The CORE Vault team has taken steps to lock in additional liquidity in uniswap, using selected code fragments.
It has solved a problem that has recently been encountered by numerous DeFi projects. In order for this area to continue to develop, it is essential, according to the project representatives, to maintain a solid harvest for many years.
What distinguishes CORE from other digital projects is building synergy between creators and users. The task of farmers is to guarantee the blocked liquidity while increasing the minimum price due to the constant supply. Traders, in turn, are charged with fees for the transfer of tokens.
CORE Vault, based on the mistakes of previous DeFi projects, developed its own solution, which is the already mentioned deflationary farming. The launch of CORE pretends to be one of the most promising and at the same time transparent events recently, thanks to the use of a solution called "Liquidity Generation Event". CORE contracts began to accept ETHwhich were then transferred to Uniswap along with the CORE tokens to be finally sold. In this way, a minimum price was imposed and liquidity was achieved, while at the same time resigning from pre-sales. At the same time, solutions are constantly being developed to maintain this liquidity. As long-term goals, CORE has set itself the support of community development and the improvement of the operating strategy.