Airdrop Time Farm: TGE Preparation and Staking Update
2024-11-01Bittime - Approaching the launch of Time Farm's Token Generation Event (TGE), the developer introduced a number of changes. This is related to the staking system to strengthen its ecosystem and optimize the value of the $SECOND token.
This change is expected to reduce token emissions and stabilize supply. So, all token holders can experience greater benefits. Below are details of the changes made to the staking system and how this contributes to a stronger TGE setup.
Time Farm Staking Interest Rate Adjustment
Source: Time Farm (Telegram)
In order to welcome TGE, Time Farm decided to adjust the interest rate on the staking program. Even though the interest rate will be reduced gradually, the platform still provides three staking duration options for users, namely short, medium and long term.
This step was taken to control the amount of $SECOND circulating on the market. By reducing token emissions, Time Farm wants to maintain supply stability. So, the $SECOND token has a more long-lasting value and can provide long-term benefits for the community.
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The decision to reduce staking interest is not without reason. Time Farm focuses on strengthening the long-term ecosystem by maintaining a balance between supply and demand.
Thus, this adjustment is expected to create a more stable and profitable market for all token holders.
Why is this update important to the Time Farm community?
Update from the Time Farm airdrop for the needs of the community. There is two main reasons behind this staking system adjustment:
1. Reducing Token Emissions
By lowering the staking interest rate, Time Farm managed to gradually reduce $SECOND token emissions. This step is very important in supply management.
This is because the number of tokens in circulation can affect the overall value of the token. The lower the token emission, the greater the price stability and long-term investment value for token holders.
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2. Strengthening the Time Farm Ecosystem
By creating a more stable market, all token holders will benefit from this stability. Investors, both new and old, will feel safer and more comfortable investing in Time Farm. This is due to a stronger and better structured ecosystem.
This step also shows Time Farm's commitment to building a healthy and solid community.
Waiting for the next update to TGE Time Farm
For the Time Farm community, this staking adjustment is just the beginning of a number of steps that will be taken to make TGE a success. The Time Farm team ensures that the entire process will be carried out carefully and transparently.
So, participants can enjoy maximum benefits from this TGE event. Token holders are advised to continue monitoring the latest developments and following updates from Time Farm so as not to miss important information regarding TGE.
With careful preparation and more stable staking adjustments, Time Farm shows a strong commitment to building a sustainable ecosystem.
For those of you who are interested in the potential of Time Farm, now is the right time to prepare yourself for TGE. Take advantage of the opportunities that exist now!
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