By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Sensi will revolutionize the DeFi space with NFTs and smart yield farming
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > PRESS RELEASE > Sensi will revolutionize the DeFi space with NFTs and smart yield farming
PRESS RELEASE

Sensi will revolutionize the DeFi space with NFTs and smart yield farming

PR.Dept
Posted PR.Dept March 25, 2022 347 Views 4 Min Read
Updated 2022/03/28 at 9:58 AM
sensi fi sensi finance, defi, defi wallet ,defi platform, Decentralized finance
SHARE

Sensi, a nearly one-year-old decentralized finance (DeFi) project on BNB Chain, is about to make a significant move forward.

Since last summer, Sensi holders have been staking their tokens, which provides users with a risk-free way of accumulating more Sensi tokens. An active staking lock lasts for 28 days, and you can extend your lock every week to compound your rewards, which are paid out weekly as a proportion of the user’s holding in comparison to the whole locking pool.

The Sensi team has recently informed its community about the expected launches of Sensi v3 and the first Sensi nonfungible tokens (NFT), which have built-in utility to lower trading fees and extra staking (Sensi locking) rewards. The team also announced a more detailed launch path for the long-awaited Sensi Smart Yield platform.

Sensi v3

The upcoming migration to the v3 core contract will lower the supply for possible future trading pairs on central exchanges and implement new features that interact with Sensi’s NFT ambitions. The token supply of the Sensi token will be reduced by six digits, and users will soon be able to claim their Sensi v3 tokens.

Smart Yield

Sensi’s flagship product, Smart Yield, is about to see the light in the next two months, something the team has been building together with development partner FirstBridge since early summer 2021. Smart Yield makes it possible for everyone to invest in DeFi and benefit from farming rewards with less risk involved than traditional farming. The rewards of Smart Yield will be paid in Sensi tokens.

Those reward tokens will be market bought by Sensi’s Smart Yield contract, which supports the token value. Sensi will also burn a portion of the tokens each month, making Sensi deflationary.

Smart Yield automatically invests in 10–15 PancakeSwap liquidity farms. The team has announced it has ambitions to expand to different farms with different risk levels and become a cross-chain project. Additionally, Smart Yield intends to integrate NFTs into its usage, meaning an NFT will be minted and issued to a user of the Smart Yield platform.

This tradable NFT will take into account the amount of BNB and Sensi staked and the rewards that come along with it. Smart Yield users can sell their NFTs to buyers for a higher-than-market price, the longer their rewards have been compounding.

Utility NFTs

Sensi has announced a soon-to-be-held sale of a unique and limited set of 150 special utility NFTs (called Rare and Legendary NFTs) that provide a financial benefit to their holders. Holders can benefit from extra Sensi locking rewards as well as discounts on trading fees.

The Sensi team seems to have built a multi-token plan that will revolutionize the DeFi space. With a market capitalization of under $2 million at the time of writing, the deflationary Sensi token seems to be a true gem to hold.

About Sensi

Sensi is a community-driven project led by a team of crypto enthusiasts with experience in artificial intelligence technology and large multinational tech companies, such as Google and Microsoft. Sensi’s aim is to simplify DeFi and make it accessible to everyone. The project’s team can be found on social media such as Telegram and Discord.

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article milestonebased, mile token, nft, crpto, crypto coin MilestoneBased announces IDO of its MILE token on PancakeSwap on March 24
Next Article GameStop NFT marketplace beta version had gone live. GameStop NFT Marketplace Beta Version Had Gone Live
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
BLOCKCHAIN NEWS EXCHANGES News WEB3 March 25, 2023
DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Join us
Ad imageAd image

You Might also Like

Canadas Largest Web3 Event
EVENTSPRESS RELEASE

Second Annual ETHToronto and First Ever ETHWomen Hackathon to take place at Blockchain Futurist Conference, 

March 14, 2023
Financli The Future of Financial Projection with AI
PRESS RELEASE

Financli: The Future of Financial Projection with AI

March 11, 2023
Oak USA based Financial Consulting Firm Specializing in Blockchain and Web3 Consulting 1
PRESS RELEASEWEB3

Oak USA-based Financial Consulting Firm Specializing in Blockchain and Web3 Consulting

March 11, 2023
DAO TOKYO conference takes the lead in fostering the growth of DAOs in Asia
EVENTSPRESS RELEASE

DAO TOKYO conference takes the lead in fostering the growth of DAOs in Asia

March 10, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?