What is Toffee (TOFY)?
Toffee is the reference token for SAFEFARM within the MarshMallow ecosystem, it is a digital currency received in exchange when you Pool or Farm your Reflection Tokens. Toffee is a mintable token and serves multi-functional purposes including the remuneration, purchase and exchange of NFTs on the platform within the Marshmallow Marketplace. All TOFY used for the exchange and purchase of NFTs will be burned to decrease the amount of the currency in circulation, control token inflation whilst increasing its overall value. The basic idea is to create real NFTs made and developed by professionals in…
It is with great enthusiasm that we are announcing a new partnership with DeFiPie. We will work together to ensure the roll-out of better services and greater flexibility for our community! We bring you a short extract extrapolation directly from the DeFiPie page.
DeFiPie allows everyone to create lending pools for any assets on Ethereum and Binance Smart Chain networks. Users can supply their assets and borrow other digital assets. Decentralized Finance is one of the most quickly growing innovations in financial services. DeFiPie aims to leverage the merits of De-Fi to build a financial system that is open to everyone and minimizes the need to rely on central authorities.
Weekly Update by MarshMallowDeFI
As usual, we would like to give a brief update on the objectives achieved and on the new collaborations that we are perfecting or have already completed. Finally, we are proud to announce that we are now visible on some of the largest crypto sites such as CoinGeko and Coinmarketcap. We have reached an incredible number of 7,000 users on our combined social media pages and the TVL of the platform has reached peaks of 22 million.
With these amazing results, we would like to thank you, the members of our community for the trust you…
We have some BIG NEWS with regards to updates on Marshmallowdefi and its implementations!
SAFEFARM: the platform for staking and farming reflection tokens will be launched on Monday.
SAFEFARM is a real innovation in the world of reflection tokens and an implementation protocol that is missing in the De-Fi world. It is our mission to give value to tokens that have the advantage of rewarding holders by creating a platform for generating income. TOFY is the crypto underlying the reflections. TOFY is a mintable coin that will be launched on BSC in conjunction with the launch of SAFEFARM.
BIG NEWS OF THE DAY
Just one day after the last update, we are thrilled to announce the incredible news that we have reached a TVL of $ 6 million and a single MASH value of $ 17. We are delighted to have been listed by the giant Beefy Finance, a move that will bring incredible value to such a young platform. To support the Beefy Finance project, he dedicated an amazing tweet to us: 3 winners of 100 $ each in 48 h!!!!!
As usual, we have burned 5,000 MASH in the last 8H.
Stay Tune for the next news !!!!!!
It’s been 5 days since our launch, and we want to give you a quick update on what has transpired within that time. We will take a look at what we’ve achieved and how this will affect the future of the platform. The point we are most excited about and grateful for is that in such a short time we have reached an incredible 2 million TVL and this is thanks to all of you! Shortly after the launch, we received the Audit from TECHRATE giving us an assurance that the platform is fully functional and without any technical issues.
After the turbulent launch on the BSC, the Devs managed to solve all the problems, and the platform took off as expected! We thank you for your patience and trust! We are thrilled to announce a new milestone:
The platform’s TVL of $ 250,000.00 and token value of $ 2.00!
Furthermore, we want to share with you other values that should not be underestimated:
10,000MASH destined for Devs and the Team,
have been blocked for 30 days:
What is MarshMallow?
MarshMallow is a performance optimizer, which enables performance aggregation for all users of MASH tokens. It is a platform to facilitate the automation of compounding and the yield farming process. MarshMallow uses various strategies to help users grow their assets through automation.
MarshMallow is optimally composed and designed to minimize gas costs and long-term agriculture in HotVaults with favorable incentives expressed in MASH to attract new depositors and bring extra long-term rewards to MASH holders.
Additionally, MarshMallow users do not need to have a thorough understanding of the underlying protocols that support automation and yield optimization. Depositing…