AMA Recap: CRYPTO MINERS X JUSTFARM

CRYPTO MINERS
8 min readNov 5, 2021

Justfarm is a Yieldfarming with auto-compounding platform on the Binance smartchain.
JustFarm creation on Binance Smart Chain will provide functions with contracts codes establishments communicating with decentralized liquidity pools from AMMs (Automated Market) on the network, JustFarm will at launch function with liquidity pools on Pancakeswap decentralized exchange.

We hosted an AMA session with JustFarm on 30 October at 11:00 AM UTC.

Mr. Ramsy was the host from Crypto Miners and Mr. Luca and Mr. Harry was our guests, co-founders of JustFarm. They shared delightful knowledge and unique features of JustFarm.

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Segment 1️⃣: Introduction
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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with JustFarm

Thank you all for joining us today!❣

To help us learn more about the featured project of this AMA session, we are lucky to be joined by Mr. Luca and Mr. Harry, Welcome to our community 🤝

Luca:
Hello Everyone present for this session, Great to connect with you all

Ramsy:
Gald to see you here
Thanks for bringing Us JustFarm ❤️

Harry:
Hello everyone
It’s a pleasure to be here

Ramsy:
Welcome To Our Community ❤️

I’m pretty sure that our AMA participants are very much excited to learn more about JustFarm, so let’s get started if you guys are ready!

Luca:
Yes we are

Harry:
Yes, we’re ready

Ramsy:
So Let's Go 🏍💨

Q1) Can you give a brief explanation about 'JustFarm' .What popped up in your mind to create such a platform in this space?

Here's our first question.

Harry:
Justfarm is a Yieldfarming with auto-compounding platform on the Binance smartchain

Luca:
Ok interesting, We have been involved with cryptocurrency for a good run of time now, Investors have suffered when they remain spectators or fundamentally invested in promising projects in this Crypto space, but sometimes there’s always a fall in price or maybe investors wants to hold for a longer period, This brought introduction to yieldfarming in the crypto space precisely DeFi thereabout 2017, Nevertheless most of these platforms have been limitless and most have closed up from inflation, There’s actually been a scare for new DeFi projects these days looking at opening rewarding pools these days for their holding member, We observed this problem and came up with revolutionizing the yieldfarming space with defi protocols, We are developing a platform that helps stake liquidity pooled tokens, single farming tokens and we added special auto-compounding features and more measures to control inflation as a yieldfarming service.

We introduced JustFarm to revolutionize Yieldfarming

Ramsy:
Impressive 👏👏

Now let's move to our next question..

Q2) So what are your main features that discern you from other projects and what key advantages do you have?

Luca:
Great..

We are making holding investments easy: The interested project team just need add liquidity on #PancakeSwap (for now) and their members or anyone adding liquidity in their pool can look at long term while they earn rewards holding LP tokens, investors are able to farm their LP tokens, farm single pools and with the auto-compounding feature, the yields are better and what more we are providing IFO service

Ramsy:
Q3) How has the experience and background of your team been effective in the success of your project so far?

Luca:
I have been a member of developing team and Marketing officer for known high standards DeFi projects around, different likewise experience from Supertractor. We understand the inner problems yieldfarming projects face that ends up into closure, This has made us introduce measures to control this and also huge experience in audience and market making

Ramsy:
Q4)Now Share us about your token, What are the some of utlities of $JFM Token in Your Ecosystem? And if possible share to us the Tokenomics of $JFM Token

Luca:
JustFarm will feature extensively a lottery farm and crypto launch zone (Initial Farm Offering). JustFarm smart chain (BEP-20) token will serve as governance for JustFarm utility cases with a limited supply increasing value for holders

Ramsy:
Moving to our last question of this segment...

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from JustFarm ? If possible could you please share road map with us.

Luca:
We are still in the foundational stage as described from our roadmap, Yieldfarming will fully be functional now and users can look forward to farm lottery and offerings later first quarter, 2022

JustFarm foundational roadmap

Ramsy:
JustFarm has a Bright future 👍

Thanks for that well detailed introduction about JustFarm🤝
That wraps up the first part of the AMA session✅

Luca:
Yes Ramsy, thanks for those questions, Always good expressing what we are trying to do

Ramsy:
Now Let’s proceed to the Twitter Questions section, I Hope you’re ready for that!

Luca:
For sure

Ramsy:
Let's Go 🤝

Segment 2️⃣: Twitter Questions

Q1) I have read that, justfarm is a Yieldfarming with autocompounding platform on Binance Smartchain. Can you spot us some main reason that could explain why should we choose justfarm over many competitive popular farming tokens? How can justfarm serve users better?

Luca:
Thanks for reading through our project Cmpunk, We are canceling some limitations from already existing yieldfarming projects, You will agree that some of these popular platforms don’t give new projects the avenue to reward their holders, at JustFarm you can farm any tokens once there’s a present liquidity at PancakeSwap, fully decentralized, Justfarm is here to give new and reliable projects that opportunity and as well a better way for JustFarm holders to earn (lottery and IFOs). Our farms will feature auto-compounding and also introductions of special farms: The first one coming up after our launch, Farm JFM earn BNB plus more including farm one harvest multiple farms.

Q2) Your main product to come out, i come to see is smart wallet, you working to build a strong base for income earning and also a smart wallet right? So what are the specifications of this wallet? It can be used by any users? Or need to hold your native token?

Luca:
Smart wallet? Not in our plan for now, maybe later there could be such new innovations, JustFarm will have now a decentralized application, opened access to everyone and crypto investors specifically on Binance smart chain

Q3)Transparency & Strong Security are the main strength of every project. So in just farm, how can you assure our LP providers and stakers maximum security? Have you audited your smart contact? Is there any partnership with popular security firms onboard?

Luca:
We acknowledge security is top priority with DeFi else you jeopardize funds added, There will be periodic audit in-depth checks, the first check of our smart contracts are completed and passed. Yes definitely, we are going to work with security service firms and scrutinized periodical checks for JustFarm, all reports will always be published for community

Q4) Upon going through your roadmap, i come to see thant on your 2022 Q1, there is a Lending platform integration in the system. There are many lending and loan platforms exists and popping up in DeFi nowadays. As a new platform, how can the users trust the platform?

Luca:
Yes! JustFarm plans to integrate lending also, research is completed and development will follow, Trust is very important as much as it’s a decentralized platform, it’s necessary to understand the solidity of the developers background, We have hired and will hire more recognized security and audit firms to always carry in-depth security checks on our platform as I have earlier stated, about we as a team, We have successfully KYCd with @Pinkecosystem, With special Anti-rug feature for our contract

Q5) Reffering through your roadmap, i saw that Q4 is the initial marketing, so can you please explain the marketing mechanism of JustFarm? how will you attract the normal investors who is not into farming yet, in your platform? Is it suitable for normal investors?

Luca:
Importantly for JustFarm holders we’d approach to increase demand and lower supply, intriguing farms will be introduced to outside investors to get them in our project for instance, giving them a farm to earn the favorite BNB just holding our token, Good APRs definitely draws crypto enthusiasts and this we will approach with measures to control inflation.
About usage, it’s easy for everyone with the basic understanding more also we can provide guides.

Ramsy:
Thanks Your Valuable Answers,❣
And that's enough for our twitter question segment

Luca:
Very good questions

Ramsy:
Moving on to our last segment - Live Q&A.

Shall we go?

Luca:
Yes for sure

Ramsy:
Here We go,

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and miners sent hundreds of questions. Guests choose some best to answer)

1)AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?

Harry:
Indeed Audit plays an important role, our smart contract have been audited by techrate
https://github.com/TechRate/Smart-Contract-Audits/blob/main/October/Justfarm.pdf

2) Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?

Harry:
Good question, buybacks and burns plays an important role in increasing demand and value . We will have our first burn event in the first quarter of 2022

3) It’s mentioned in your white paper that users can redeem their fund at any time by removing there liquidity from liquidity pool, can you explain how liquidity pools works?

Harry:
Our platform will use liquidity from pancakeswap for now but as we progress, we’ll add other AMMs on the binance smartchain.
It’s easy to add and remove liquidity on these platforms and we’ll as well provide tutorials on how to add and remove liquidity.

4) In the Q4 2021 Section of your roadmap, you had planned for the " PRODUCT DEVELOPMENT - CHAMPIONSHIP, Can you tell me More about this product and What development are you planning to implement?

Harry:
The project development includes the launch of our platform, there’s no usecase without a working platform.

5) PARTNERSHIP & COLLABORATIONS are the backbone in making your project Justfarm more widespread. Can you list some of ur partners with us?

Harry:
Partnerships and collaborations is in our agenda as well. As a new project we need good Partnerships and collaborations to grow. Currently we are speaking to some projects for a possible partnership. We have already collaborated with pinkecosystem and have also KYC’ed with them. We’ll be havin. our presale on their platform.
More Partnerships and collaborations will be announced as we progress.

*This segment ends here*

Ramsy:
Thankyou so much guys For your valuable answers and information about JustFarm,
It Was Pleasure Hosting An Ama With You.

Is there anything else you would like to share or you want us to know ?

Harry:
Thank you so much Ramsy.
It was an amazing session

Yes, our presale will be live on pinksale on monday, 1st of November.
https://t.me/justfarmBSC/13

Thank you once again Ramsy

Ramsy:
Wish you all the very best for "JustFarm" ❤️

Community, if you would like to learn more about JustFarm, here are some useful links for you:

Telagram: http://t.me/justfarm

Twitter : http://www.twitter.com/justfarm_

Website: http://www.justfarm.net/

Medium: JustFarm #BSC

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CRYPTO MINERS
CRYPTO MINERS

Written by CRYPTO MINERS

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