LamBo Farm (LAB)

Lambo Farm
2 min readFeb 27, 2021

LamBo Farm is a Token Based on the BSC platform. LamBo Farm was created with the aim of helping the community own a Lamboghini dream through Farm Token.
Whether or not you own a lamboghini depends on the strength of the LamBo Farm community

LAB Farm was created to be the pioneering step, as a leader in listing Yield Farms projects on Binance Smart Chain. BSC.Farm’s mission is to be the most complete, accurate and leading synthesis platform within DeFi projects. Thus, becoming a place to update the news, search for projects or opportunities for investment, help users to avoid from fake information, scams, and also being a place to facilitate new and potential projects to approach their potential investors. This is not only an open playground but also an extremely selective, the LAB Farm team will always research and survey carefully before listing to bring users the safest and most effective experience.

LamBo Farm optimizes yields through a vault system; vaults serve as investment instruments, implementing strategies through smart contracts. These vaults automate the best yield farming opportunities. Vaults can perform the following actions: Use assets as liquidity, provide assets as collateral for others, manage collateral to reduce odds of liquidation, use assets to generate a yield and compound profits.

Lambo farm was introduced to the BSC without any pre-farm or pre-sales, allowing a fair distribution amongst those who adopt the project. There will be a maximum of 25,000 $LAB Tokens, which all will be created within one year. The team will take 12% off all $LAB Tokens minted to ensure that the protocol can keep innovating rapidly. Currently, only about 2% of the LAB supply has been minted; the remaining will be distributed across the next year as liquidity incentives.

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