Token Farm

• 

  the frontend

Inspiration

Decentralized Finance

What it does

This is blockchain based exchange system that works similar to a bank. This project is intended to be used as a decentralized finance platform in which an investor can stake some already existing DAI tokens on the platform for a given period of time to get incentivized with fictitious DAPP tokens. It is a liquidity mining pool consisting of two tokens: the DAI token and the DAPP token. An investor or the person that uses this token farm as a digital bank is a person who holds some DAI tokens and stakes them in the token farm. Whenever they stake it on some sort of regular interval, they earn DAPP Tokens for doing that. The invested tokens could then be used for lending and borrowing as is usually done in a banking system. Investors can then withdraw the DAPP Tokens as well as the DAI tokens that they staked.

How we built it

built it using help of decumentation and youtube

Challenges we ran into

The setup was the biggest challenge

Accomplishments that we're proud of

it works! that is the biggest thing at this point as this is my first actual blockchain project

What we learned

A lot about blockchain development, the dependencies and all.

What's next for Token Farm

So that it can have more than 2 tokens

Built With

• ganache
• metamask
• node.js
• react
• solidity
• truffle
• web3.js