[vc_row type=”vc_default” full_width=”stretch_row” equal_height=”yes” parallax=”content-moving” parallax_speed_bg=”1″ bg_type=”image” parallax_style=”vcpb-default” bg_image_new=”id^989|url^https://telos.net/wp-content/uploads/2021/01/backgroundLight31.svg|caption^null|alt^null|title^backgroundLight3(1)|description^null” enable_overlay=”enable_overlay_value” overlay_color=”rgba(255,255,255,0.9)” css=”.vc_custom_1614016941715{padding-top: 40px !important;}”][vc_column css=”.vc_custom_1609606294965{padding-bottom: 20px !important;}”][vc_single_image image=”2465″ img_size=”large” alignment=”center” css_animation=”none” css=”.vc_custom_1615451655902{padding-top: 20px !important;padding-bottom: 20px !important;}”][/vc_column][/vc_row][vc_row type=”vc_default” full_width=”stretch_row” bg_type=”image” parallax_style=”vcpb-default” bg_image_new=”id^989|url^https://telos.net/wp-content/uploads/2021/01/backgroundLight31.svg|caption^null|alt^null|title^null|description^null” enable_overlay=”enable_overlay_value” overlay_color=”rgba(255,255,255,0.95)” css=”.vc_custom_1614017070261{padding-top: 20px !important;}”][vc_column][ultimate_heading main_heading=”High-yield TLOS opportunity comes via FarmingBad.Finance” main_heading_color=”#571aff” sub_heading_margin=”margin-bottom:25px;”]

 

[/ultimate_heading][vc_column_text css_animation=”fadeInUp” css=”.vc_custom_1615734658767{padding-bottom: 30px !important;}”]We recently launched the Telos blockchain’s network token, TLOS, as an ERC-20 token on the Ethereum blockchain, initially via a public auction on bounce.finance, followed by an official listing on Uniswap.

This was to address an issue of low-liquidity in the markets, which has long been the achilles heel of Telos from a trading perspective (as we never had any form of ICO or VC backing). But also to work towards our aim of positioning Telos as a networked ecosystem that cooperates with and connects to many other blockchains.

And now, we are ready (and very excited!) to announce the next step in the integration of TLOS with Ethereum – DeFi has arrived for ERC-20 TLOS. To be exact, farming!

 

Introducing FarmingBad.Finance

 

 

FarmingBad.Finance is a decentralised and innovative DeFi protocol. METH is its system token, and if you are a fan of Breaking Bad, you will notice that it is more than just the ticker that has been themed on the award-winning Netflix series.

 

 

Coming Sunday 14th March, 2021

 

FarmingBad gives you the opportunity to put your Uniswap Liquidity Pool tokens to work (you receive these tokens in exchange for adding liquidity (TLOS & ETH) to the liquidity pool on Uniswap, and deposit them on Uniswap when you want to withdraw your liquidity).

When you add your LP tokens to the pool on FarmingBad you are able to claim rewards in TLOS, a total of 2m TLOS are available to be farmed over 60 days.

As you can see in the example below, the APY is determined by the amount of TVL (total value locked), as the TVL increases the APY comes down as there are more people to share the yield amongst. If the number of people depositing their LP tokens in the farm was to go down, then the APY would go up.

 

This isn’t staking, so there is no defined lock-up period. This means you can claim your share of the rewards anytime by clicking the ‘Harvest’ button – allowing you to compound your gains by adding these tokens back into the pool.

The farming pool will open Sunday 14th March, 2021 (the exact time will be confirmed in the coming days).

As always, DYOR. If you are interested in the technical details behind how FarmingBad works, then you can read their medium article on it here: https://farmingbad.medium.com/farming-bad-a-new-era-for-yield-farming-a49afdab4618

For details on any fees for farmers, please see the FarmingBad FAAS details on medium: https://farmingbad.medium.com/new-offering-farming-as-a-service-faas-b2490517549d[/vc_column_text][/vc_column][/vc_row][vc_row type=”vc_default” full_width=”stretch_row” bg_type=”bg_color” bg_color_value=”#dfdfed” css=”.vc_custom_1613205621212{margin-bottom: -40px !important;padding-bottom: 20px !important;}”][vc_column][vc_single_image image=”884″ img_size=”” alignment=”center” css=”.vc_custom_1614182404076{padding-top: 30px !important;padding-bottom: 30px !important;}”][ultimate_heading main_heading=”Contact Telos” heading_tag=”h4″ main_heading_color=”#571aff” sub_heading_margin=”margin-bottom:25px;” main_heading_margin=”margin-top:10px;”]

If you have a question or would just like more information please contact us by email

[/ultimate_heading][just_icon icon=”icomoon-the7-font-the7-mail-01″ icon_size=”32″ icon_color=”#571aff” tooltip_disp=”right” tooltip_text=”Email hello@telosfoundation.io” css_just_icon=”.vc_custom_1612281035598{margin-top: -20px !important;}”][vc_column_text]

hello@telosfoundation.io

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