EXPLORING WAYS PUSS COIN REWARD ITS USERS THROUGH DEFI INITIATIVE

Good day to you all, it rained heavily today and I was caught outside in the rain, even now I can still feel the cold, that's besides the case anyways the case is the post in which I have planned to discuss today and the title is **"exploring ways puss coin reward its users through defi initiatives. Defi is basically short for decentralized finance, decentralized finance, defi is a financial system that is opposite that of the traditional financial system.

Unlike the traditional financial system defi or lets say the decentralized financial system is better and more preferable, it facilitates and processes transactions with faster speed and lower processing cost, it operates on the blockchain technology and therefore is more transparent and its records of transactions stored are immutable and very secure did I mention that it is decentralized and transparent . All of these features basically makes the decentralized finance defi worth mentioning or worth some accolades.

However the decentralized finance defi is not just stoping there, we members and users of this new finance model defi are clearly seeing that it is rapidly evolving in the world of decentralized finance, in the world of cryptocurrency because of this rapid innovation we are constantly seeing new projects arising with each of them constantly trying to make a name for themself so as to differentiate themselves by offering real value to users and among these new projects and tokens is puss coin, a meme powered or meme based defi token.

In this post we are looking at defi initiatives born out of new innovations of the evolving decentralized financial system which the puss project will take advantage of to reward its users and members one these initiatives is yield farming with real community ROI, where ROI simply stands for return on investment, this is basically one of the standout features of puss coin’s DeFi ecosystem is its yield farming program. But what is yield farming well, yield farming can be popularly defined as being a strategy that involves locking up assets in liquidity pools in exchange for rewards.

However, puss coin changes this definition a little bit basically by creating new farming strategies and farming opportunities that are genuinely accessible and community focused meaning that users can provide liquidity through different decentralized exchanges that therefore allows the pairing of $PUSS with stablecoins this opportunity allows users earn generous yields in the form of additional PUSS tokens, this reward in form of additional tokens is done in a way that does not only favour the big time or large scale holders or farmers but also the small time users too.

Moreover, the rewards or the farming returns aren’t just based on pure token inflation, there are also a given or particular percentage of trading fees and transaction taxes from buying and selling transactions, that are channeled into the reward pools that is to be shared. This therefore creates a sustainable feedback loop, where the transactions and activities of users basically help to boost the puss ecosystem, and the reward pool therefore increasing the benefit for everyone collectively.

Another defi initiative is staking pools, these staking pools empower long term holding of the puss coin or token by basically providing them rewards to serve as an incentive or encouragement, so what I'm basically saying is that by locking up their tokens in official Puss staking pools, users are rewarded for their loyalty and willingness to invest and sacrifice for the growth of the puss token and community which shows that they share and have the same long term vision as the puss coin developers.

First, staking rewards are grouped or ranked based on the duration whereby the ones with the least time or duration of holding or staking comes last and these are basically the short term stakers, they get a base reward, but the long term holders gets bigger rewards this type of structure basically encourages stability in the community and reduces the kind of volatility caused by panic selling or short term flipping. Also the act of integrating partner tokens which is practiced by puss with the use of steem is making the puss staking model more unique.

In Conclusion, puss coin which is basically considered to be lighthearted seeing as it is a meme coin has proven that it is not in any way lighthearted through basically its DeFi initiatives some of which I just discussed in the subheadings and paragraphs above, that is through yield farming that rewards participation and staking pools that encourage and reward long term commitment, puss coin is rewarding users in creative and meaningful ways and soon this will be the reason why it will become successful and make a great name for it self. #notthelightheartedmemecoin.