Single Finance
ValidatedDeFi
Yield Farming
SINGLE$0.00041+1.02% ↑
Leveraged Yield Farming
- 173 Followers173 Followers
- 150 Likes150 Likes
About Single Finance
Single Finance is the leading Leveraged Yield Farming protocol on Cronos chain. It provides a platform for lenders to earn stable and safe yields, and offers leveraged farmers to borrow undercollateralized loans for farming positions to maximise their profits.
Single Finance is a decentralized platform designed to simplify DeFi investments by offering automated strategies and risk management tools. The project's mission is to provide users with a streamlined and secure way to navigate the complexities of decentralized finance. It focuses on mitigating risk while maximizing returns, making it accessible even for those with limited experience in the DeFi space. By offering unique features like principal-protected strategies and a clear user interface, Single Finance aims to democratize access to advanced financial products and strategies.
Single Finance Magic Store Validation Score
See Results ››Single Finance Review Score by Real Users
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This platform has given me some truly nostalgic and wonderful memories of im like, my early childhood and I will be keeping an eye on them. Thanks to the administration.Read More ››
0 people found this review funny
This platform has given me some truly nostalgic and wonderful memories of my early childhood and I will be keeping an eye on them. Thanks to the administration.Read More ››
0 people found this review funny
It seems like a promising and solid project. I'll keep an eye on this! I hope they succeed and show the way for new projects! I voted YES for this project because it is promising.Read More ››
0 people found this review funny
A removable transaction platform on the Cronos chain, buy, issue debt and continue transactions. Dec has yuzu and convenient menusRead More ››
0 people found this review funny
An excellent interesting project with good prospects. It is developing quickly and has a good team. The rating is positive.Read More ››
0 people found this review funny
I have been following this project for a long time, I like it. There are minor flaws, but the team is working on it. I recommendRead More ››
0 people found this review funny
good project. not fully mastered the network functionality, but everything is ahead of us. i wish the developers development.Read More ››
0 people found this review funny
An excellent interesting project with good prospects. It is developing quickly and has a good team. The rating is positive.Read More ››
0 people found this review funny
SINGLE Token Price Chart (Real Time)
Token Statistics
- Market Cap-
- Volume$516.94
- Circulating Supply-
- Max Supply1,000,000,000
- FDMC$409,825
About Single Finance Token
The SINGLE token is the core governance and utility token of the Single Finance ecosystem. It plays a crucial role in the platform's decentralized governance, allowing holders to vote on proposals and shape the future of the protocol. SINGLE is also used for fee sharing, with a portion of the profits generated from the platform's strategies allocated to token holders. This fee-sharing mechanism incentivizes active participation in governance and long-term holding.
A distinctive feature of SINGLE is its deflationary nature. The token's total supply is capped at 1,000,000,000, and emissions are scheduled to reduce over time through halvenings every six months. Additionally, a portion of the performance fees generated by the platform is used to buy back and burn SINGLE tokens, further decreasing the circulating supply and potentially increasing the value of the remaining tokens.
Another key aspect is the staking of SINGLE tokens to obtain veSINGLE, a vote-escrowed token that grants governance rights. The amount of veSINGLE a user receives is proportional to the amount of SINGLE staked and the duration of the lock-up period. This model aligns the interests of the token holders with the long-term success of the platform.
The token also offers exclusive access to specific strategies and NFTs within the ecosystem, adding a layer of utility beyond governance and fee sharing. By staking SINGLE and acquiring veSINGLE, users can influence protocol changes and gain access to unique investment opportunities.
Single Finance Magic Store Trust Score
- Audit Score
- 1No. Of. Audits
- HighScore
- Security Validators Score
- 08.02.2024Validation Date
Single Finance User Trust Reviews
It seems like a promising and solid project. I'll keep an eye on this! I hope they succeed and show the way for new projects! I voted YES for this project because it is promising.Read More ››
0 people found this review funny
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0 people found this review funny
Single Finance is an innovative platform that revolutionizes yield farming by offering leveraged yield farming solutions to its users. The platform provides access to various DeFi protocols and liquidity pools while allowing users to maximize their returns through the use of leverage. Single Finance's user-friendly interface, combined with advanced features such as automated strategies and risk management tools, makes it an attractive option for both novice and experienced yield farmers alike. The platform also offers a wide range of supported tokens and protocols, ensuring that users have access to diverse investment opportunities within the DeFi space. In summary, Single Finance is a powerful tool for those looking to capitalize on leveraged yield farming strategies in the world of decentralized finance. Its commitment to providing innovative solutions and user-friendly features makes it an essential platform for anyone seeking to optimize their returns while navigating this rapidly evolving industry.Read More ››
0 people found this review funny
I tested this platform and there are many tools and options where you can stake, cross-chain bridge tokens, make swaps leverage and leveraged Yield Farm. I'm bullish on Single Finance!Read More ››
0 people found this review funny
Single Finance looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product!Read More ››
0 people found this review funny
Single Finance FAQ
Single Finance offers unique principal-protected strategies, which are designed to safeguard your initial investment from drastic market downturns. These strategies implement automated risk management tools that adjust exposure based on market conditions, helping to minimize potential losses.
Absolutely! Single Finance automates the investment process with a variety of strategies, allowing you to earn passive income without active management. Simply choose your preferred strategy, and let the platform do the work, even while you sleep.
Unlike many platforms, Single Finance uses a veSINGLE token model, where staking SINGLE tokens grants voting power proportionate to the lock-up duration and amount staked. This system ensures that those most invested in the platform have the most influence in decision-making.
By staking SINGLE tokens and acquiring veSINGLE, you gain access to exclusive strategies and NFTs within the ecosystem. These unique offerings are only available to veSINGLE holders, providing additional benefits and opportunities for growth.
Single Finance is designed with user-friendliness in mind, making it accessible even to DeFi newcomers. The platform offers a clean and intuitive interface, along with automated strategies that simplify the investment process, ensuring a smooth experience for all users.