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Heard of the new Hive farm? VFTLAB.finance

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spinvest
@spinvest
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Hello, SPIer's. Have you heard about vftlab.finance?

VFTLAB.finance is the newest farming project to hit the HIVE blockchain and comes from the M4L tribe. The aim of the game here is to farm as many VFT tokens as you can. These can either be sold on the HE exchange are used to purchase NFT's from the website store. These NFT's are hosted on the WAX. Some of their future plans include the release of MP4 NFT's and creating a VIBES token faucet.

Click HERE to visit vftlabs

Now, I'll honest the website is very basic and in need of future upgrades but it's doing what it's supposed to do and that's the important thing. Currently, there are 6 farms on offer but more can be added through future governance voting so expect maybe CINE, POB are others to be added sometime. Currently, they offer farming for...

  • VIBES

  • STARBITS

  • LEO

  • DEC

  • VFT

  • HIVE

It's says farming but it's staking, it's farming if farming is staking which it is. It's simple enough to use however the information displayed is very minimal and there is nowhere on the site that explains how it works. Farming rewards are paid out daily automatically to your HE wallet but no ROI's, pending rewards, etc are displayed.

Spinvest has deposited 1.2 million starbits to this, @shitsignals got us in on day one and we've already farmed over 300 VFT's worth around 120 HIVE at today's price. That's for 3 days, to compare, holding 1 million starbits on HE yielded us 15-20 HIVE per week. We plan to sell 50% of the VFT and stakes the other half to the VFT farm. We'll watch it for a few weeks and see how it's going.

How to get started

Simple enough folks, i going to assume to have a keychain wallet.

  • Go to the homepage - https://vftlab.finance/

  • Sign in

  • Click on farms

  • Select which farm you'd like to join

  • Click "Create wallet"

  • Hit F5 and resign back in

  • Go back to farms and click on "create wallet" again

  • You will see "deposit" and "withdraw"

  • Deposit your funds, confirm the transaction

This transaction was for 100 HIVE. We can see the deposit fee is 3% and we now have a staked balance of 97 HIVE. This is all the information shown, now we wait for the daily payout. I know it around midnight but I dont know which timezone, i could remember.

Could be a good one to get in early on, it's not been promoted that much and I'm sure 90% of the people reading this post will be seeing about this for the first time. Get in early and farm some VFT while is still easy :)

Posted Using LeoFinance Beta