DeFi News

SuperFarm: Cross-chain protocol allowing anyone to deploy DeFi and NFT farms

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Through a post on Medium, yesterday EllioTrades presented the project he has been working on for the last three years: SuperFarm. It is an innovative project that will surely be one of the trending projects of this year, considering Ellio’s huge audience. Before looking at the numbers and understanding why there is so much hype around this project and its SUPER token, let’s understand what SuperFarm is. 

SuperFarm – What is it?

When visiting the official website, SuperFarm.io, at the moment there’s only a very nice logo and links to the official social channels: Twitter, Telegram and Medium. By visiting the latter you can read an introductory article that explains what it’s all about, although we’ll try to briefly summarize. SuperFarm is a DeFi cross-chain project whose main competitors are Rarible and OpenSea, two services completely dedicated to NFTs  (Non-Fungible Tokens). SuperFarm will allow you to create NFTs, resell them, engage in farming or generate ERC20 tokens, all without knowing any crypto programming language. In short, a service that will allow you to own and farm crypto and NFTs with a few clicks and without spending thousands of dollars for DEV. The main features are 3:

NFT and Token Farming: Where all users can create their own cryptocurrency farming operation with custom rules and without the need of any programming language knowledge.

NFT and Token Generation: Where anyone will be able to generate an ERC20 token or an NFT, thanks to intuitive graphics and without the need to write smart contracts.

NFT Store: A store similar to Rarible, OpenSea and other similar projects where it will be possible to buy and sell NFTs. 

The SuperFarm project will have an ERC20 token called $SUPER.

The $SUPER token by SuperFarm

The SUPER token will be the core of the whole SuperFarm project and will be generated with a max supply of 1 billion units. The distribution will be as follows: 

  • 250,000,000 for Staking
  • 50,000,000 for NFT Drops
  • 100,000,000 for Founders and Advisors
  • 100,000,000 for Ecosystem Growth
  • 50,000,000 for Seed
  • 90,000,000 for the First Presale
  • 150,000,000 for the Second Presale (Strategic)
  • 100,000,000 for the Third Presale (Lottery)
  • 10,000,000 for Liquidity Pools
  • 100,000,000 for Developers

Many of these tokens will be locked in with a vesting period of 4 years. In this way, EllioTrades and its collaborators show that they strongly believe in the project for the long term. 

Why will SuperFarm’s $SUPER be a Successful Project?

The first article about this project was published last night at 9 PM. So far only 13-14 hours have passed and the social groups have already reached record numbers that we have never seen even on a project with much more solid foundations. We’re talking about 12,000 people in the Telegram group and 10,000 followers on Twitter. These numbers are already frightening, but are destined to grow given EllioTrades’ popularity on YouTube. The video he published last night to anticipate the project has already been seen by 60,000 people and has reached 2,000 comments. The hype around this project is huge and reminds me of the hype around huge projects like Ethereum. Surely it will be very difficult to get some tokens in pre-sale as there will be tens of thousands of people ready to buy the SUPER token, hoping to make stratospheric gains. 

In these cases it is necessary to be ready and follow the project closely, avoiding of course to be fooled by the various SCAMs that will appear prior to the token generation event. There will surely be many $SUPER tokens on Etherscan and Uniswap, but they will all be fake until EllioTrades posts the official contract on SuperFarm’s social channels. Be careful and follow the project closely to try to get in on time!

It is worth noting that many times projects reviewed by EllioTrades on YouTube have become trending projects on DexTools and CoinGecko. What will happen with his own project that he will surely sponsor on a daily basis? 

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