FAQ
How does Titan Farms work?
Titan Farms operates as a decentralized yield farming platform built on Uniswap V3, enabling users to provide full-range liquidity and earn rewards in the form of Titan Farms Incentive Tokens (TINC) and collected fees. The protocol utilizes a single liquidity position for gas efficiency, with users' tokens managed collectively to streamline operations. Additionally, Titan Farms implements a buy-and-burn mechanism, directing collected fees to reduce the circulating supply of TINC, thereby supporting its tokenomics.
Is Titan Farms a secure platform?
Titan Farms employs standard DeFi security measures, including slippage protection and the use of time-weighted average price (TWAP) for price calculations to prevent manipulation. The protocol's smart contracts are designed to manage liquidity positions efficiently and include mechanisms like the buy-and-burn to support token economics. Users are encouraged to conduct their own research and exercise caution when participating in DeFi platforms.
How to use Titan Farms?
To use Titan Farms, users can deposit TitanX ecosystem tokens into the platform's liquidity pool management contracts, selecting from available LP pools. The platform manages these positions collectively, distributing rewards based on each user's share and the duration of their liquidity provision. Users can withdraw their liquidity and claim rewards at any time, with the system also collecting and distributing fees from Uniswap V3 positions to liquidity providers.
What services does Titan Farms offer?
Titan Farms offers a decentralized yield farming service that allows users to provide liquidity to Uniswap V3 pools and earn rewards in TINC and collected fees. The platform features a buy-and-burn mechanism to support TINC's tokenomics, collects and distributes fees from liquidity positions, and provides slippage protection for liquidity operations. Additionally, Titan Farms offers flexible reward systems, allowing different liquidity provider pools to be adjusted for varying annual percentage yields (APY).
