Plenty DeFi Launches Today Bringing Sustainable Yield Farming To Tezos

Plenty DeFi is a blockchain based platform that allows farmers to take advantage of the technology behind cryptocurrencies to scale their output and reach new levels of productivity. The platform allows farmers to verify the quality of their produce from their farm, and provides them with the means to process their crops into high-quality, certified, sustainably produced food.

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There’s a saying that goes, “if you don’t like change, you’ll never have any”. The world of cryptocurrencies is no different. That’s why this week Plenty DeFi (PD), the decentralized financial ecosystem developing on the Tezos blockchain platform, is launching its own decentralized crypto tools marketplace. Plenty DeFi is in the business of developing sustainable farming tools on the blockchain. In order to do so, it’s developed its decentralized marketplaces for selling and purchasing farming tools.

The team at Tezos Foundation today launched a blockchain innovation platform focused on helping farmers use blockchain technology to help them farm more efficiently and sustainably.

Plenty is timely, as Ethereum’s gas prices are making it nearly impossible for new users to experience the power of decentralized finance and all it entails. This latest gem from DeFi is a collaboration between Tezsure and DGH Labs, a Dubai-based blockchain incubator founded by Draper Goren Holm. Plenty is characterized by three main design features:

  1. Low cost – Plenty runs on Tezos, a proof-of-stake blockchain with much lower transaction costs than other blockchains like Ethereum.
  2. Decentralised – trade directly from your preferred portfolio. Unlike centralized exchanges, Plenty has no control over your funds. You own 100% of your own chips.
  3. Green – Tezos uses two million times less energy than a proof-of-work blockchain like Bitcoin or Ethereum. Tezos’ minimal carbon footprint means developers and users can prioritize innovation without compromising sustainability.

The focus of $PLENTY flows from the many different use scenarios identified in the roadmap, although the first applications will be in agricultural production and gaming. Liquidity is the backbone of DeFi. We strongly encourage other blockchain liquidity providers to try Tezos, the most technologically advanced blockchain with virtually no fees and on-chain management, said Tezsure co-founders Om Malvia and Bernd Oostrum. Those who own $PLENTY will lead the community by voting on new features, burning tokens, and overall direction. Neither Tezsure nor DGHLabs will have exclusive control over the direction of the platform’s development. Joseph Holm, founding partner of Draper Goren Holm, said: I hope Plenty will create a snowball effect for DeFi to attract capital from other networks to Tezos. Plenty has been designed with the modern user in mind, taking advantage of low gas prices and grid efficiency – perfect for the next wave of mainstream users. Buy a lot of them: Buy on Quipuswap PLANET of smart contracts : KT1GRSvLoikDsXujKgZPsGLX8k8VvR2Tq95b (Never send money directly to this address). Telegram: Discord: Medium: Github: Documentation . He is one of the very first enthusiasts of blockchain and cryptocurrency in India. After working in the field for several years, he founded IBC in 2016 to help other early adopters learn about the technology. Before joining CBI, Hitesh founded 4 companies in the field of cyber security and IT.

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Sign up to be notified of the latest posts.We’ve been following Plenty DeFi the past month and a half, and we are excited to announce the launch of our first policy token, the Plentiful Tokens (PYMNTS.PTYMNTS). The PYMNTS token is a policy token, which is the first in a series of governance tokens developed by our team.. Read more about solidity yield farming tutorial and let us know what you think.

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