The real way to earn with yield farming.

boby1988

Posted April 22, 2021

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Posted April 22, 2021

What is Yield Farming?

At its core, yield farming is a process that allows cryptocurrency holders to lock up their holdings, which in turn provides them with rewards.

How do yield farmers make money?

Yield farming gives people the chance to earn investment income by placing funds in a DeFi (decentralized finance) protocol. An investor deposits digital assets in a lending or market-making protocol to earn interest or fees in exchange for providing liquidity.

CDO.Finance is the Binance Smart Chain (BSC), the first yield farming protocol to offer structured derivatives products that provide adjustments in yield leverage and risk exposure.

According to current plans, CDO.Finance will officially launch on the 4th of April 2021 at 00:00

GMT+8. Token rewards will begin at block 6251000

Token Distribution

CODEX Fair Launch Sequence

In the same fashion as fellow fair launch projects with limited initial resources, CODEX tokens will be rewarded to incentivise network participants that assist in bootstrapping and kickstarting our ecosystem.

Utility of CODEX tokens

CODEX will be used for future governance voting purposes in future phases of the project.

CODEX will also capture the economic gains of the system where fees generated from risk tranching activities will be stored in a treasury wallet for token buybacks will be performed in the future. Community consensus will also be sought to decide on future changes in the utility of the token.

CDO Token Information

Token Ticker: CODEX

Token total supply: 18 million tokens

Token Distribution:

Fair Launch Distribution (For users that participate in the pools in platform) : 80%, 14.4 million

Development Fund: 15%, 2.7 million

Warchest (tokens to be minted as required, no lock-in period): 5%, 0.9 million

CDO Protocol - Previous

Roadmap

Next - CODEX Token

Fair Launch Distribution

For more info you can simply visit at https://cdo.finance