Introducing Loan and Liquidity Pool Farming for TOLL.

In general, liquidity mining or yield farming simply means generating rewards by holding a certain amount or some cryptocurrencies. This simply means you lock up cryptocurrency for a certain period of time while getting a reward.

The liquidity providers are users who provide funds to the liquidity pool (LP) of a certain cryptocurrency pair.

Tollfreeswap provides a unique and cost-effective type of liquidity mining by introducing a mechanism known as a loan.

Normally in other LP provider services, if a user wants to add liquidity to any decentralized exchange for instance uniswap, such a user needs an equal amount for both token pairs.

so if you are to add 1 ETH, you need 1ETH/1TOLL, so you need 2 ETH to join the liquidity pool.

This is where the LOAN mechanism comes in. Instead of providing 1ETH/1TOLL to start mining in the liquidity, The system gives you TOLL, so all you need is 1 ETH.
And when you want to withdraw from the liquidity, the protocol determines the payback rate for the withdrawn liquidity and holds enough toll to cover the loan. Till the loan is payable in which case the user will get all the TOLL and liquidity left.

This simply means to add liquidity, the user doesn't need TOLL, rather all they need is ETH. As well they earn the same as someone who contributed both pairs in other LP provider services. So the fees from the swap are both paid to the user as though he contributed both the TOLL and ETH.

AGAIN

When you provide ETH to the smart contract in order to add liquidity, the smart contract will lend you the TOLL and add liquidity at 50/50. the LP tokens will be locked to the farm to earn TOLL.

So when you withdraw the liquidity, you must provide enough TOLL to pay the debt i.e the borrowed TOLL will automatically be deducted and any balance on ETH and the TOLL earned is giving back to you.

Reward Per Block
The TOLL reward per block is 0.02 TOLL. That is 4.8 TOLL per hour, as the reward per block takes place every 15 seconds.

The Loan Mechanism

How the loan works using the TOLL/ETH scenario

liquidity mining or yield farming simply means generating rewards by holding a certain amount or some cryptocurrencies. This simply means you lock up cryptocurrency for a certain period of time while getting a reward.

user borrows TOLL to Add TOLL /ETH or TOKEN liquidity

the liquidity is staked for rewards per block

the reward per block is divided among all stakes on each block;

users can withdraw rewards

50% of the rewards are held to pay back loan

until the loan is completed

if the user decides to withdraw liquidity, he must first complete loan payments of all the toll balance

then his ETH and any extra TOLL are sent to him.

MORE LINKS

Twitter: https://twitter.com/tollfreeswap
Telegram:
https://t.me/tollfreeswap
Medium:
https://medium.com/@tollfreeswap
Github:
https://github.com/tollswap

TollFreeSwap is a new cutting-edge decentralized fee refund exchange for swapping erc20 tokens.