Treedefi - Ecofriendly Yield Farming

The first ecofriendly yield farm on binance smart chain

Intro

TreeDefi is a defi protocol operating on the BSC (Binance Smart Chain) focused on Yield Farming. Our concept is based on a DEX (Decentralized Exchange) , forked from PancakeSwap that allows our users to farm tokens, stake tokens, swap tokens, earn and win tokens through games and governance.

TreeDefi was built following our intense studies of the recent BSC Yield Farming Platform explosion. Our team has been involved in cryptocurrency for the past 7 years, and it’s always surprising to see how creative the landscape keeps getting. We’ve had a great time operating on some of the other Yield Farms, and an even better time figuring out which ones are operating under scummy principles just to steal from users.

We’re doing it all for a good cause. A third (⅓) of all transaction fees on our platform go towards planting real life trees. Everyone in our team is a nature lover and it’s been sad to see how negligent the Bitcoin mining community has been towards the environment. Our contribution might not be massive, but if we ensure the safety of your investment and the prosperity of our community and platform we could make a significant difference. Together we are strong.

We will plant trees using trees.org's service and teamtrees. Our mission is to overtake Elon Musk who is on top of the leaderboard with a million trees planted. And then tweet him about us.

Unique Features

We’ve been studying the most trusted and succesful DeFi platforms and we’ve created our own set of features that best fit our goals and aspirations for the future of the project.

New features are coming and will be updated daily through our Medium page

🌲 Total Planted Trees (TPT)

the why, when and how

We have a lot of respect for some of our honest competitors on the BSC, who are always striving to stay competitive, innovative and loyal to their users. That’s why we’ve studied them and adapted the most innovative concepts to our platform. But we wanted to have something that is truly our own.

We haven’t seen other platforms use their power and community for a good cause, so we decided to use one third (⅓) of the deposit fees on our platform to plant real trees via nonprofit organizations and stakeholder engagement. It’s a great cause that we care deeply about, especially since Cryptocurrency mining has been affecting the environment more than several countries combined each year.

In practice ⅓ of the deposit fees will always go to a separate address, used only for donations. This address will be used for donations every 48-72 hours. We are in contact with multiple nonprofit organizations, some of them accepting cryptocurrency. However, we are committed to convert our crypto into FIAT in order to make donations for those who can't accept cryptocurrency at this moment.

We are employing our maximum attention towards delivering weekly updates on tree donations as this is one of our main goals with the platform.

This has been taken further as we now let the community pick which organizations they want us to donate to each week, giving our user base governance in this field as well. We will have polls where you can pick which trees you want to plant next.

🛡️ Harvest Guard

say goodbye to short term market manipulation

As you’ve probably noticed, most yield farms have relatively a low TVL (Total Value Locked). A value of 10, 15, 20 or even 50 million dollars might seem like a large sum to an individual, but when an entire platform has that value it guides the economics of the token into dangerous territory. Even 50 million dollars are easily manipulated by an individual or group of individuals that have a lot of money and time on their hands, enabling them to artificially change the price of a coin and resell it for profit, making all of the other users lose money by severely decreasing the value of the token.

We are developing an anti pump & dump system that we call Harvest Guard. It will avoid price manipulation on our platform by locking part of the harvested tokens. 30% of your tokens will be released instantly, while 70% will be locked in harvest guard. The harvest guard will last 7 days, but for each new block added, a percentage of your harvest will be unlocked. So you will gradually receive all of your tokens through the next 7 days. This will help us keep a healthy token price, and will stop users from purchasing large quantities of tokens just to manipulate the market in the short term.

Don’t be scared by the fact that your tokens are not fully retrievable instantly, the same applies to everyone and it’s developed to benefit everyone’s interest.

You can always withdraw your LP tokens from liquidity without any delay. The HarvestGuard is applied only to the farm's rewards.

🦾 Tree NFT

The time has come to drop something that really sets us apart from other platforms. One of our main goals since the beginning of the project has been to give Defi a real world application and NFTs are a great starting point for our mission, as they share lots of our views on the future of collectibles and blockchain implementation in the real world.

NFTrees are currently available as a collection of 9 exclusive trees, available to purchase and trade on nft.treedefi.com.

Our NFT system will allow us to connect the NFTree to a living, CO2 breathing, O2 exhaling tree in real life. The trees will be planted through treedom.net, which will offer us the information needed to set up the NFT.

This includes:

  • Name & Scientific Name

  • Date of birth

  • Country of origin

  • Place of birth

  • Longitude & Latitude

  • Proof

  • CO2 removed

This offers our users a way to own a unique blockchain collectible, help the environment and one day visit the tree they helped plant in real life, allowing them to visualise the impact they’re having on the environment from a first person point of view.

NFTrees implement ERC-721 standard to turn them into collectibles.