A few days ago, I posted a short update on the plans we have to continue our journey! Lots have happened in the crypto space and in our project. But how to move forward? We have a plan of action we would like to explain in this news item: We have a lot of strong ideas! Some were already thought of from the beginning but were on hold, some were newly thought of. All plans are there to build a strong foundation and trust in the community and new investors! Let’s begin with step one: 1. Complete overhaul of our front end. Our current frontend is based on the old UI (design) of the old Pancakeswap. But the crypto space is moving fast, and we have to ride the wave. As of now, we are rebuilding the front end to match up with the current time we are in. Also, it’s very important for safety and future development to bring our front end up to date! What will be updated: 1. The overall style of the front end will be matched with our current main website. We had a lot of positive messages about our main website and the style, so we like to integrate it into our front end. 2. The current frontend is old code, the overhaul means we revise the complete code and bring it up to date to the current standards! 3. Possibility to add new features. Several developers have worked on this frontend and made the code harder to work with, and we need to clean it up to make it easier to implement new features. 2. New MasterChef (which holds the farms and pools) A MasterChef is responsible for the farms and the minting of the tokens to give rewards to investors. Our current MasterChef cannot communicate well enough with our Vault, which creates problems. Next to that, the MasterChef needs to be replaced for the plans we have for our continuation plan. We will discuss this later on in this article. We will migrate the LPs we currently have to the new MasterChef once the first few steps are made. And of course, we will keep you updated on the progress and when we migrate. 3. New Vault With the new MasterChef, we also can implement a new vault. As you know, there is a bug in the Vault contract code, which creates problems in communicating with the MasterChef and not giving out enough rewards. We completely rebuild the Vault, and although we see Pancakeswap as a competitor, we still like their Vault structure, and we are using that as the basis for the new Vault. So In the near future, we have a fixed and flexible vault. For more info, we advise you to look into the Pancakeswap vault. 4. Bring back the AMM (full DEX) Our biggest success in development and strongest point in the past was our AMM. Because of problems, we had to go back to basics. But it’s time to grow and bring back our AMM. Bigger, better, stronger, and more secure! Of course, we keep the same features: – No fee on creating or unbinding LPs – Earn on holding LPs (when unbinding you receive your rewards) – Project owners can do the same by simply excluding their MasterChef from the fee. – Project owners can use their own router. More info about our AMM will come soon! 5. Introduce our Launchpad While being in the crypto space for a long time now, we have seen several launchpads launched. They all have a few things in common: – Expensive – Not secure enough – Claim to have no rug or honeypot tokens but still there is too much – Inside knowledge, partner trading, and earning a lot of money out of investor’s pockets We would like to be different: – Affordable – Save, we work with one audit partner who will check every listing before they go live. Is it a rug or honeypot? The project will not be listed. So for every project, there is a 24-hour waiting time before they get listed! – We will act like a service provider, we only receive a portion of the BNB or BUSD from projects, not their tokens. One of the biggest benefits of our Launchpad, we use our Liquidity pools for projects to use. That’s how we easily grow our AMM and fill it with liquidity! Of course, we have a lot more coming, but these are the biggest changes! We also have a few other options in mind: – Lottery – More Vaults – Stablecoin – Big giveaways! And of course, I encourage you to give us your ideas, what do you think we should implement? If you have any great ideas, please share them with us! Thanks for reading!
UFXs FAIR LAUNCH IS UP
Fair launch is live on Pinksale: 2022.06.28 19:00 (UTC) https://www.pinksale.finance/launchpad/0x5B926231b72BCf45A6A5922fe45704EfEa7e0C2d?chain=BSC
BIG NEWS, OUR NEW LAYER IS COMING
‼️ BIG NEWS, OUR NEW LAYER IS COMING ‼️ We would like to introduce UFXs our support token for UFX. Releasing a new layer will attract new investors and the best part is, UFXs supports UFX with the fee. When someone buys or sells UFXs, a part of the fee is reserved for buying UFX and burning it! This will not be a farming token, but a reflection token! Earn BUSD by just holding UFXs. Best of all, when UFXs holders see that it supports UFX and see the price pumping, they want to have UFX also! WIN-WIN! Tokenomics: Token Name: United Farmers XS Ticker: $UFXs Decimals: 18 Supply: 10,000,000 Tax: 12%: 4% UFX buyback and burn 2% Marketing / Dev 3% Liquidity 3% Reflections in BUSD The release date for our Fair Launch on Pinksale will be announced in the next few days!
THE PUNJAB, INDIA RELIEF PROGRAM PILOT
We have put a lot of effort in building the first pilot, to start our relief program in Punjab, India. Our vision is coming together, and we are well on our way to get it kickstarted! We are very excited that we are the first Crypto project, that are going to work hands on with Students on site, to help the farmers in the poorest regions! We don’t believe in just donating money. We believe, we need to be there, where the money is needed! Next to our Relief Program, we are building a Loyalty Points system based on UFX (more info on that later in this week), where Vendors and manufacturers in the Agricultural Industry will buy UFX as their Loyalty Points system, to give out to their customers. More info on this beautiful journey coming very soon!
THE VAULT RELEASE
Finally, the time has come for the vault to open up! Tomorrow May 11 at 1pm CET we will open up the Vault for you! In the Vault, you can stake your UFX for 1 month, 3 months or 6 months. The Vault auto-compounds your interests until your lock time is over! You can always stake more UFX, this will reset your timer! Because we are building up liquidity in the Vault, the max amount to stake is currently set to 10.000 UFX. You can always stake more after! Get ready to APE IN ‼️
UPCOMING UPDATES
We know we are in a super bearish market right now. The market is bleeding like crazy! Bitcoin dropped as low as $31k as we speak! Nevertheless, we need to continue of course! This is why we have a few upcoming updates: 1. Revamped website As you can see in the sneak peek picture, we completely updated our website. This has a real Web3 look and feel! With this website, we are confident to attract more new investors than with our older website! 2. Vaults We are about to release the Vault to the public! Initially, we wanted to do a Vault where you earn another token, but then we need a lot of liquidity behind, which the project at this point doesn’t have. So we went for a UFX auto-compound Vault. Our vault will give you higher returns than the Pool because of the beauty of Auto-Compounding! 3. CMC and CG Man, it’s worth the wait, but damn, it takes super long for us to get listed! We talked to other projects, and they also face the same problem with CG and CMC! With so many tokens coming out each day, both parties have a hard time keeping up with the listings! So bear with us, and we are confident we will be listed soon!
UFX CASINO AND POKER UPDATE
We rolled out our casino and started playing poker to have a new utility for UFX. Although it sounds great and I (Patrick) really love poker and blackjack, we came across some issues which would cause problems in the future with our cause! As you all know, UFX exists to make a change in the world. We are doing this by helping poor farmers out in the world. We are even on the verge of running a pilot program in Punjab, India, for students in a university to create a business plan and marketing plan. The students who complete these projects and stand out have a chance to be an ambassador for UFX. The ambassadors will work closely with UFX and the poor farmers to get the farmers to use our Agricultural Charity Ecosystem. Now, the founder of the University (and a hospital there) made it happen with donations and the help of the local government in Punjab. A very noble cause! The founder has let us know that he wasn’t pleased to see us having a casino and playing poker. While they try to help out in the world (and we do too), we provide a tool for people to gamble… Gambling is a big problem in many parts of the world, and come to think of it. It doesn’t fit our case too! This is on us. We didn’t think this through from the beginning. We have no choice but to close the Casino and stop playing poker in the name of UFX. If you want to team up and play some poker, we won’t hold you back, of course, but UFX will not promote and deliver Poker or Casino services anymore. The people who bought the Casino can get their UFX refunded, depending on their wins/losses. Contact @otto1372 for your refund. Again, we don’t like to do this, but our cause is more important! Let us focus on getting UFX out in the world! Viking out.
NEW FEATURE: DIRECT EXCHANGE IS LIVE
As you know, we receive a fee in UFX. This is for marketing, team payments, and development. But as a team, we don’t want to affect the price by selling, so we came up with an idea. What if our community could buy directly from us? Then the Direct Exchange was born! You can go to Swap → Direct Exchange and buy directly from the team in BUSD. This is a partially manual process. Technically, it was impossible to automate it entirely without an AMM. So you can go to Direct Exchange, put in the BUSD you want to use, and send it to us. These are the steps: 1. Go to Direct Exchange (you can find it in our Swap Menu) 2. Put in the desired BUSD you want to use (If you don’t have BUSD, we provided the link to Pancakeswap to buy BUSD right on your screen) 3. Check that you buy a minimum of 50 UFX 4. Check if there is enough released (we release a certain amount of UFX per week, as we grow, more will be available) 5. Confirm your transaction. We receive all the transactions in a list, and we process them manually and send you your UFX. So keep in mind that you don’t receive your UFX right away! It can take up to 2 working days to receive it, but we do our best to do this multiple times a day! The best part of this all: IT IS FEE-FREE!!! Yes, you read that right! NO 5% TAX!! Have fun!
We have applied for CoinGecko
CoinMarketCap is already applied. We can’t give you a ETA on when we are listed, cause that’s on CMC itself. But we went ahead with listing on CoinGecko, cause from what we read, CG is taking longer than normal to list tokens and coins! SO BUY NOW BECAUSE YOU WILL NEVER SEE THIS PRICE AGAIN!!!
We have offically applied to Coinmarketcap.com
We have officially applied for #coinmarketcap Request: 447060 The application for listing on Coinmarketcap is very important. Of course, it will give United Farmers X huge exposure, but next to that, a lot of systems get their data from Coinmarketcap. Wallets, chart tools, other listing websites, etc. all use data from Coinmarketcap! So to make sure we are on top of our game, data is spread out to all the different websites and apps, we applied with a lot of our data, and we hope we get listed as soon as possible! Stay tuned!