KogeFarm is building a high-performance yield optimizer centered on security and community run decisions.
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Source Farms provide returns in the form of trading fees and incetives reqarding you with simple interest (or APR) on your investment. Consider the volatility of the LP Pair or single asset in addition to the reputation of the source farm during your selection.
KogeFarm compounds your reward every hour increasing your intial position and turning your simple interest (APR) into compound interest (APY).
KogeFarm vaults always return rewards in kind, meaning you do not recieve KogeCoin or any other reward token. Rather you recieve more of the asset or LP you deposit.
KogeFarm takes security threats extremely seriously. By using KogeFarm you lower your smart contract risk exposure in comparison to other yield optimizers. We've burnt, locked, removed, and annihilated all conceivable security threats. Read more about our security measures here.
When comparing yield optimizers compounding the same farm the only variables that differ are f (performance fees) and n (numbers of times compounded).
Performance Fee
Compounded Daily
A = return over time
P = principal balance
r = interest rate* (per unit 't' expressed as a decimal)
n = number of times compunded (per unit 't')
f = performance fee (decimal)
t = time
*Other yeild optimizers inflate APR by overestimating trading fees and thus boosting variable 'r', making it appear as if they give better returns.
We don't charge deposit fees, withdrawl fees, or enact lockup periods.
Deposit/Withdrawl Fee
Performance Fee
Compounds Per Day
0.0%
2.9%
24x
0.1%
4.5%
Undisclosed
0.0%
4.5%
1-?x
0.1%
4.0%
0-24x
0.1%
3.7%
Undisclosed
Rektora (Walid)
Not all projects with anonymous developers are scams, but nearly all scams are run by anonymous developers. Yes, we recognize this industry was founded by an anon after a ll, but in an industry drowning in scams, what we need is more transparency, not less.
Migrator functions presenet in protocls like PancakeSwap and Beefy undermine one of the most important aspects of DeFi: Immutability. The infamous migrator function originated with flexibility in mind, however, as a side effect it allows contract owners to steal all staked tokens. We believe that security should be priority over flexibility and removed the migrator function as a first step in building KogeFarm.
Smart contracts should be trustless. Therefore our code trusts no one (not even ourselves) with your money. We consider your assets to be sacred and see no reason why we should EVER need the ability to manage them for you. Therefore we wrote ourselves out of the equation. By Implemeneting a jar system that specifically excludes the contract owner and sets the depositor address as the only address that can withdraw, we (or someone who steals our admin keys) cannot touch your tokens. This puts the responsibility on you for proper management of your funds.
With KogeFarm, no one steals your rewards. Other DeFi protocols "discourage" frontrunners to steal rewards by depositing large amounts of money just before harvest. KogeFarm calls the harvest() function as the first step of every deposit() function eradicating this possibility. Your hard earned rewards will be distributed to you and no one else.
After streamlining our contracts we felt this change merited another audit. Our second audit was performed by Paladin. In addition, we partnered with ImmuneFi to offer a bug bounty to white hat hackers to further protect our users funds.
If in the future somehow our protocol was hacked and we lost our admin keys we've prepared for the worst. By self limiting our admin abilities we also restrict any potential future hackers. Our admin keys, and therefore and future hackers, have two abilities. First, to stop compounding by called the emergency withdraw function. This locks funds in a untouchable jar (see point #3). And second, to increase performance fees up to 10%.