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What is Squirrel Finance?

Squirrel Finance has unveiled a groundbreaking decentralized insurance offering specifically designed for yield farming on the Binance Smart Chain (BSC), ensuring immediate compensation for users if their funds are locked or stolen. Although events like "rug pulls" or code flaws are uncommon, Squirrel addresses the needs of users who desire extra protection for their investments. The platform functions by wrapping existing farms on BSC with a smart contract, allowing users to deposit into underlying farms like CAKE while continuing their farming activities with the added security of insurance. When a user withdraws funds, Squirrel checks to ensure the returned amount matches the original deposit; if any discrepancies are detected, users receive automatic compensation in NUTS during the same transaction for their insured value. This entire mechanism operates without human intervention, guaranteeing a smooth user experience. By merging decentralized insurance with automatic payouts, Squirrel simplifies the farming process through NUTS insurance, which also acts as the governance token, enabling users to participate in protocol management and earn fees from farm insurance. This innovative method not only enhances asset protection for investors but also fosters a more secure and reliable environment for yield farming activities, paving the way for a more resilient financial ecosystem. Through this initiative, Squirrel Finance is setting new standards in the realm of decentralized finance.

What is Multifarm?

Discover the most profitable yield farms with our all-inclusive yield farming dashboard, which provides real-time insights into emerging opportunities across major blockchains. Our sophisticated algorithm actively tracks and highlights popular farms on the blockchain, presenting this data through an intuitive interface for ease of use. Users can quickly compare the annual percentage yields (APYs) of various farms and evaluate them based on criteria like impermanent loss, transaction fees, total value locked (TVL), and more. By analyzing hundreds of pairs, you can effortlessly find the best rates for your preferred cryptocurrencies, and with a single click, invest directly into your selected pool. Our platform streamlines the staking process, enabling you to stake assets in the farm with just one simple transaction, ensuring a hassle-free experience. With access to over 1000 farms, you can identify the most favorable yield farming rates available. We aim to boost your yield farming returns by presenting valuable opportunities while equipping you with crucial data points for making informed investment choices. As the yield farming landscape evolves across various blockchains, we are committed to highlighting these opportunities, not to replace existing solutions in the ecosystem but to serve as a complementary tool that enhances your investment strategy. Join us in exploring the dynamic realm of yield farming, where your potential for investment growth can reach new heights, and discover how our platform can help you navigate this exciting financial frontier.

Media

Media

Integrations Supported

BNB Smart Chain (BSC)
ApeSwap
Binance Web3 Wallet
Fomo
MetaMask
PancakeSwap
Telegram

Integrations Supported

BNB Smart Chain (BSC)
Autofarm
Avalanche
Ethereum
Fantom
Harmony
IoTeX
KCC
OKT Chain (OKTC)
Revert
Yearn
vfat.tools

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Squirrel Finance

Date Founded

2020

Company Website

squirrel.finance/

Company Facts

Organization Name

Multifarm

Date Founded

2021

Company Website

www.multifarm.fi/

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Yield Farms

Not specified

Categories and Features

DeFi Tools

Not specified

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