Introduction of PineHeart Finance

Decentralized Finance (Defi) represents a new wave of investment that has echoes of the rapid adoption for cryptocurrencies and that blockchain technology that was rampant in 2017, this whole new approach represents a new phase for the rapidly maturing cryptocurrency industry.
Whether you are a staunch believer of the cryptocurrency and blockchain technology movement or just someone with a casual interest in the cryptocurrency markets, there is a very good chance you’ve heard of the term DeFi, which is short for decentralized finance.

The term DeFi is relatively new but the underlying idea can’t be said to be new; since the inception of Bitcoin, supporters have always held it in high esteem as a decentralized form of money overseen by the blockchain technology rather than a central bank.
The difference now is that a new set of infrastructure has been built around Bitcoin, Ethereum, and other cryptocurrencies that are equally decentralized, these have come to include exchanges and websites that facilitate cryptocurrency loans as well as letting cryptocurrency holders earn interest on their stash.

Introducing PineHeart Finance

PineHeart Finance is a DeFi yield farming protocol that allows traders to earn interest in its governance token called PineHeart through vesting of their cryptocurrency assets in the rapid pools built within PineHeart finance ecosystem.

PineHeart Finance algorithm will ensure that those who vest their cryptocurrency in any of the proposed pools are earning interest in PineHeart tokens with the best possible APY offering.

PineHeart Finance differentiates itself totally from other yield farming platform by building an ecosystem that ensures that holders of the tokens of other DeFi projects can earn PineHeart tokens when they stake their holdings. This why PineHeart Finance is said to be the decentralized finance ecosystem that houses other DeFi projects regardless of their use cases.
PineHeart Tokenomics

PineHeart Finance has a governance token called PINE , this governance token serves as the basis of reward within the available reward pools in PineHeart Finance, this will mean that when traders stake crypto assets in any of the available pools, they are rewarded interest in PineHeart tokens based on the APY of the pools they choose.

PineHeart token has a maximum total supply of 60,000, half of this supply (30,000 PINE tokens) are locked and will be minted as rewards to participants who vest their cryptocurrency assets within any of the reward pool within the PineHeart Finance ecosystem.

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Summary of PineHeart Tokenomics

Maximum supply: 60,000 (30,000 PINE tokens locked to be minted as farming rewards).
Name: PineHeart Finance
Ticker: PINE
Decimal: 18
Contract Address: TBA
Token Distribution:
Presale: 20,000
Liquidity providers: 8,000 ( Will be locked for 1 year )
Team/development 400 (Locked for 2 Months )
Marketing: 1,600 ( Locked for 2 Months )
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PineHeart Finance Farming Pools

As a yield farming use case, PineHeart Finance has 3 standard pools with good APY that rewards traders who vest their cryptocurrency assets. These pools hold some percentage of the set aside PineHeart tokens which are used to reward participants.

The available pools within PineHeart Finance will be:

1. PineHeart Pool
This is a pool for the platform native token (PineHeart ), participants within this pool deposit PINE in this pool and earns PineHeart tokens on their holdings and offers a 600% APY

2. PineHeart /ETH Liquidity Pool
This is a pool for the PINE Liquidity providers, participants in this pool deposit the liquidity tokens, PineHeart /ETH in this pool, and earn more PineHeart tokens as reward on their holdings. This offers 800% APY

3. TOP DeFi Pool
This is a pool where holders can deposit their holdings (top DeFi tokens) eg. LINK, MKR, YFI, YFII, BAND & SUSHI and are rewarded in PineHeart tokens. This Pool offers 480% APY.

Pools will be live at 15–01–2021 till 15–03–2021
In the maintime big marketing will take place ensuring many players to be involved