Frequently Asked Questions
What is the FARMFI token?
The FARMFI token is a utility token used for trading, payments, and access to services within the FarmFi ecosystem.
What blockchain is FARMFI built on?
FARMFI runs on the Binance Smart Chain (BEP-20).
What is the contract address for FARMFI?
The contract address for FARMFI is: 0x83e9996f226903f159d7da47dddc41398effeec9.
Is FARMFI deflationary?
Yes. It has a fixed supply and uses quarterly buybacks to support value over time.
What’s the total supply of FARMFI?
1 billion tokens, with 8 decimal places.
Can I stake FARMFI?
No. FARMFI is non-inflationary and designed to grow in value through scarcity and use.
How do I buy FARMFI?
You can swap for FARMFI on supported DEXs like PancakeSwap, Uniswap or any exchange where it’s listed.
Is FARMFI listed on any exchanges?
Listings are planned for Q4 2025.
Is FARMFI a governance token?
No. FARMFI is a utility token with no DAO governance function at this time.
Can I farm with FARMFI?
Not in the traditional DeFi sense. However, you can earn fees by adding FARMFI to liquidity pools.
Does FARMFI pay rewards?
There are no passive staking rewards, but you can earn fees from DEX pools or through marketplace participation.
What is FarmFi?
FarmFi is a decentralized community that enables the exchange of real-world goods, services, and assets using the FARMFI token.
What does FarmFi solve?
It addresses crypto’s lack of real-world utility by creating a peer-to-peer marketplace for practical use.
Who is FarmFi for?
Anyone seeking an alternative financial system with real-world value — from farmers to freelancers to businesses.
What makes FarmFi different from other crypto projects?
Real-world utility, deflationary economics, and community-based asset trading make it stand out.
What can I do with FARMFI tokens?
Use them to buy or sell goods/services, preserve wealth, or provide liquidity on DEXs.
Is FarmFi a DAO?
No. It’s a decentralized community, but not governed via on-chain voting.
Is FarmFi a non-profit?
FarmFi plans to establish a non-profit foundation to manage certain ecosystem investments (e.g., food security farms).
Is FarmFi open-source?
Parts of the ecosystem may be open-sourced, but the token smart contract is publicly auditable.
How does FarmFi help food security?
FarmFi invests in agricultural projects that support global food supply and trade.
What is “money grows on trees” in FarmFi context?
It reflects how the ecosystem supports agriculture, turning token value into real economic and food production growth.
What is the FarmFi marketplace?
A decentralized P2P platform where users can buy/sell goods, services, and real-world assets.
Who can list on the marketplace?
Any verified FarmFi user with products, services, or assets to trade.
Do I need FARMFI to trade on the marketplace?
Yes, FARMFI is the default payment token, although some major cryptos may be accepted.
Is there a listing fee?
No fees currently, but listing rules and moderation apply to prevent spam or scams.
Can I sell physical goods?
Yes. Items must be clearly described and include terms for delivery or local exchange.
What kinds of services can I offer?
Freelance work, construction, digital services, education, farming services, etc.
Are trades escrowed?
Not initially. Users must agree on terms; future updates may include escrow smart contracts.
Is the marketplace global?
Yes, but physical good exchanges depend on local laws, logistics, and trust between parties.
Can I list real estate or land?
Yes, provided legal proof of ownership and agreement terms are met.
Is there a review or rating system?
Coming soon in future updates for buyer/seller trust.
Is FARMFI audited?
Yes, created via Bitbond’s secure token platform and subject to security reviews.
Is there a bug bounty?
Bug bounty programs are under consideration for future smart contract deployments.
Does FarmFi require KYC?
No, the platform itself is non-custodial and doesn’t require user KYC.
Is the project compliant with local laws?
FarmFi aims to comply with LATAM regulations, especially in Brazil and Paraguay.
Are transactions traceable?
All transactions are on-chain and visible via BscScan or other BSC explorers.
Are user wallets multisig?
FarmFi’s internal wallets use multisig for safety, but user wallets remain self-custodied.
Is FARMFI insured?
Token value isn’t insured. Real-world assets may be insured by the FarmFi Foundation.
Can FARMFI be frozen?
No. The smart contract does not include freeze or blacklist functions.
Can I lose my FARMFI tokens?
If you lose access to your private wallet keys, your tokens are irretrievable — standard crypto risk.
Is there a slashing mechanism?
No slashing or forced penalties — users are responsible for their own funds and transactions.
How do I join FarmFi?
Buy FARMFI, list goods/services, add liquidity, or join the Telegram community.
Can I earn by helping FarmFi grow?
Yes — by contributing content, services, and spreading the word.
Can I become a local ambassador?
Opportunities for grassroots promotion are open; contact the team directly.
Is there a referral program?
Not yet, but it’s under consideration as the community grows.
Can I partner my business with FarmFi?
Yes, SMEs are encouraged to collaborate and list offerings in the marketplace.
Can I contribute code or development?
Yes. Contact the team or join development discussions.
Can I suggest features?
Yes. Ideas and feedback are welcomed via the community channels.
How is FarmFi funded?
Through a mix of treasury allocation, token liquidity, and real-world business integration.
Where do the token buybacks come from?
Revenue generated via marketplace activity, ecosystem contributions, and real-world ventures.
What’s the best way to stay updated?
Follow the official Telegram group, Twitter account, and check announcements on farmfi.org.