Industry Watch 30 June, 2021 – 20:51

Nami Corporation launched Farming product

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In order to meet the investment needs of users as well as develop the ecosystem of Nami Corporation. Nami officially launched Farming product for users to optimize profits when investing.

Nami Farming is scheduled to last from 14:00 (UTC +7) on May 15, 2021 and is expected to end at 14:00 (UTC +7) on August 15, 2021. After the above period, Nami will base on the effectiveness of the campaign and provide further information about this product.

About Nami Farming

What is Nami Farming?

Nami Farming is a product applicable to users with accounts on the Nami Exchange. Nami Farming helps investors optimize profits by contributing to Pool Farming one crypto coin and receiving another crypto coin.

How does Pool Farming on Nami Exchange work?

At product launch, Nami Farming provides liquidity for four pools with NAMI token as the base coin. Depending on each Pool Farming, users who contribute NAMI tokens will receive other tokens with different reward rates and maturities.

The reward level and the number of bonus tokens of each Pool Farming are fixed from the beginning regardless of the exchange rate of the token/NAMI pair in the term. Users will receive Farming bonus at the end of the term according to the formula below:

Number of tokens received after Farming = (Number of NAMI contributed to Pool x Annual interest rate)/365 x number of days of interest calculation x token/NAMI exchange rate.

Below is a table illustrating the details of each Farming pool:

1.Pool NAMI – BAMI

Period (day)
APY interest rate Maximum/investor (NAMI) Max pool (NAMI)
15 34.90% 5,000 1,250,000
30 12.98% 50,000 1,500,000
60 20.77% 100,000 1,000,000
90 27.87% 250,000 1,250,000

2.Pool NAMI – ATS

Period (day) APY interest rate Maximum/investor (NAMI) Max pool (NAMI)
15 34.90% 5,000 1,250,000
30 12.98% 50,000 1,500,000
60 20.77% 100,000 1,000,000
90 27.87% 250,000 1,250,000

3.Pool NAMI – VIDB

Period (day) APY interest rate Maximum/investor (NAMI) Max pool (NAMI)
15 34.90% 5,000 1,250,000
30 12.98% 50,000 1,500,000
60 20.77% 100,000 1,000,000
90 27.87% 250,000 1,250,000

4.Pool NAMI – KAI

Period (day) APY interest rate Maximum/investor (NAMI) Max pool (NAMI)
15 29.91% 5,000 1,000,000
30 11.12% 50,000 600,000
60 17.80% 100,000 800,000
90 23.89% 250,000 1,000,000

How to join Nami Farming?

 

Step 1: At the main screen of the Nami.exchange website, go to the Finance section and select “Nami.Farming”.

Step 2: Select the desired Pool Farming.

Step 3: Enter the amount of NAMI tokens you want to contribute and select the “Farm NAMI” button.

Step 4: The screen shows Farm success.

 

About Nami Corporation

Nami Futures of Nami Corp was established in Singapore in 2017, specializing in research and development for Crypto and Forex trading solutions.

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Download Nami Exchange at:

Or website:  https://nami.exchange/

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