Ingot Farming $INGOT is a new BSC token / cryptocurrency.

Ingot Farming is a new DeFi project aim to combine the power of yield farming together the scarcity of NFT.

Token Info

Project name: Ingot Token

Ticker/Symbol: INGOT

Contract address: 0x45795Fa0d1685B77C0554Cdd7451012a2095C22E

Token type: BEP20

Total supply: 3.059.862 INGOT

Launchpad: Unicrypt (PancakeswapV2)

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tokenomics
Liquidity Lock Rate	60% BNB raised liquidity lock time: 11 months
Participation	Not private
Softcap	10 BNB
Hardcap	50 BNB
Min-Max Spend per Account	5 BNB max
Presale price	39.000 INGOT / per BNB
Listing price	35.100 INGOT / per BNB
Audit
KYC
Start	approx: Wed 18 Aug 10:00 UTC
End	approx: Tue 24 Aug 10:00 UTC

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Renounced ownership: check

It is good

• Liquidity lock duration 11 months
• A ready and working NFT store (Dapp)
• Website is ready for farming
• Renounced ownership

It is not good

• No KYC and audit

About the team

• Anonymous

From White/Lite Paper

Ingot Farming is a new DeFi project that aims to combine the power of yield farming together with the scarcity of NFT.

What makes Ingot Farming different?

In most of DeFi projects, yield farming is only possible by staking ERC20 Tokens and earn profit by this staking.

Ingot Farming: the staking is not only limited to ERC20 Tokens, but also extended to NFTs, in this case Ingot NFTs.

In Ingot Farming you can stake Ingot NFTs to earn Ingot Tokens.

Features of Ingot Farming

There are 2 main types of tokens in Ingot Farming:

• Ingot Token, Fungible token
• Ingot NFT, Non-fungible token

NFT Allocation

The following table will be the details of each NFT at the deploy of the contract.

At a specific stage, all NFTs unsold will be burned.

Name	ID	Max Mintable	Value
Lead	0	7000	10
Aluminium	1	5425	14
Zinc	2	4204	19
Copper	3	3258	26
Tin	4	2525	35
Cobalt	5	1957	47
Silver	6	1516	65
Platinum	7	1175	87
Gold	8	910	118
Palladium	9	706	160
Iridium	10	547	215
Rhodium	11	424	290

Yield Farming

Yield Farming is the core of the entire project, through the staking of NFTs or tokens you will increase Ingot tokens.

There are two different pools in the Ingot Farming system:

• Ingot NFT Pool, here you stake NFTs in charge of Ingot Tokens
• INGOT/BNB Pancakeswap LP, here you stake INGOT/BNB Pancakeswap LP in charge of Ingot Tokens (Note: This Pool will be open after all INGOT NFTs will be sold or burned).

NFT Store

Here, You can buy INGOT NFT with INGOT token.

When a user buys an Ingot NFT, immediately it is minted from the contract, until reaches the max mintable amount. At this stage, no more NFTs can be bought.

You can find more detail at docs

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Note: INGOT made a presale but it failed. Because softcap and hardcap were too high. The team adjusted the tokenomics. Now there are low caps.

Ingot Farming $INGOT project wants to add a new feature to farming. Simply, a farming system where you can earn INGOT tokens by staking Ingot NFT.

About tokenomics: For sale+liquidity+fee= 98,7% of the total supply. So there is only 1,3% of the total supply unlocked.

When the project is examined, it is seen that a detailed study has been carried out.

Ingot Farming’s NFTs and NFT store are ready. The farming application is also available on the website. I love projects like this. Because they don’t say we will do it, they say we did it.

#INGOT : Ingot Farming’s NFTs and NFT store are ready. The farming application is also available on the website. I love projects like this. Because they don’t say we will do it, they say we did it.

Tweet

Both lngot NFT and INGOT Token have deflationary features.

In addition, the team renounced ownership (check). This means you can’t see rug pull with admin functions.

If you are interested in farming and staking, you should definitely check out Ingot Farming.