SeaPRwire
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Thrupenny Launches Yield Farming Platform

pandora
3 minutes

Thrupenny, an exciting crypto start-up, reached a major milestone, successfully launching a ground-breaking Yield Farming Platform. Singapore, September 06, 2022 – (SEAPRWire) – Thrupenny announces it has successfully launched its Thrupenny Yield Farming Platform dedicated to users that want to participate in DeFi yield-bearing opportunities. Yield farming is a strategy in which an investor deposits cryptocurrencies into a lending protocol in return for interests generated from transaction fees. As an added incentive, additional rewards from the ecosystem’s governance token are distributed to users. The platform aims to simplify the yield farming process by creating a seamless and streamlined process for users, removing any barriers to entry for the average investor to earn passive income that were earlier available to only a select few. Activity on the platform is expected to grow steadily in the coming months as its community users begin to use the services on offer. “We are extremely excited to launch the Thrupenny Yield Farming platform to allow DeFi investors access to a stable long-term yield generated from real-world assets,” says Nicholas Chau, CFO of Thrupenny. “The Thrupe...

JCN Newswire
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Kagome and NEC establish a joint venture in Portugal to provide farming support for processed tomatoes using AI

ruth
4 minutes

Tokyo and Aichi, Japan, Jun 15, 2022 - (JCN Newswire via SEAPRWire.com) - Kagome Co., Ltd. and NEC Corporation will establish DXAS Agricultural Technology, a joint venture in Portugal to provide farming support for processed tomatoes using AI. Establishment is scheduled for July of this year.The new company will contribute to sustainable agriculture in countries around the world by promoting environmentally friendly and profitable farming through the integration of Kagome's agronomies and NEC's technologies.BackgroundThe production of processed tomatoes is expected to continue expanding in line with population growth and economic growth, particularly in emerging countries. However, for sustainable tomato cultivation, we need to address a variety of issues, such as responding to a decline in producers and reducing environmental impact.In 2015, Kagome and NEC began technological development and business verification of farming advice using AI(1) with the aim of realizing environmentally friendly and highly profitable farming. Since then, the companies have begun conducting demonstration tests in Portugal, Spain, Australia, the United States, and are currently expanding business in 7 ...

ACN Newswire

Youran Dairy Announced 2021 Annual Results

indie
8 minutes

HONG KONG, Apr 1, 2022 - (ACN Newswire via SEAPRWire.com) - China Youran Dairy Group Limited ("Youran Dairy" or the "Company", Stock Code: 9858.HK) was pleased to announce the audited consolidated results of the Company together with its subsidiaries (the "Group") for the 12 months ended 31 December 2021 (the "Reporting Period").FINANCIAL HIGHTLIGHTS-- Revenue was approximately RMB15.346 billion, representing an increase of approximately 30.3% as compared with the same period in 2020.-- Adjusted net profit attributable to the owners of the Company was approximately RMB2.04 billion, representing a year-on-year increase of approximately 49.1%.-- Revenue from raw milk business increased by 36.4% year-on-year to RMB9.538 billion.-- Revenue from comprehensive ruminant farming solutions increased by 21.3% year-on-year to RMB5.808 billion.-- As of December 31, 2021, 73 modern dairy farms with 416,196 dairy cows were in operation.In 2021, due to unfavorable factors such as the complex and volatile macro environment, high raw material prices and the recurrence of the COVID-19 pandemic, Youran Dairy has been able to achieve strong growth in performance with its long-term advantages of "the m...

SeaPRwire

What Is Yield Farming In DeFi and How Does It Work?

aseanpr
5 minutes

Perhaps one of the most confusing terms used in decentralized finance (DeFi) for those new to this area is “yield farming”. One would be forgiven for failing to see the connection between the agricultural practice of growing crops and this crypto-specific activity. However, just like real-life farming, yield farming also involves dedication, specialist knowledge and care. As such, this practice is not for everyone and should only be undertaken by experienced digital asset investors. In simplest terms, yield farming (also known as “liquidity mining”) is the practice of staking or lending one’s digital assets in return for rewards. Those engaging in yield farming are called “liquidity providers” (or LPs for short), since their main role is to provide liquidity to their chosen DeFi protocol to allow it to function efficiently. LPs are an important part of the DeFi ecosystem, but just like real-life farming, finding the richest soil to grow the most profitable crops is a time-consuming process. In the fast-moving world of DeFi, yields and token prices can fluctuate significantly within a short space of time, so having a strong grasp of how the ecosystem works and an eye on the market m...

SeaPRwire
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Bavala Finance Announces Its Blockchain-based Raffle, NFT Staking and Farming Protocols

pandora
4 minutes

New York, NY / SEAPRWire / September 15, 2021 / – DeFi project Bavala Finance (https://www.bavala.finance/) today announced its blockchain-based raffle game, farming protocol, and an innovative NFT staking program. The company is on a mission to drive mainstream DeFi adoption through gamification. In this vision, it offers a high-yield aggregator that offers extensive staking rewards, digital collectibles, and gamified participation within the ecosystem. Its easy-to-use yield aggregator product features curated best-in-class yield generation strategies from various protocols across DeFi on multiple chains. Bavala Finance automatically maximizes user rewards from different liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities within the Defi through a set of investment strategies secured and enforced by the smart contracts ecosystem. Using the Bavala Farming mechanism, users can stake their respective tokens to earn higher APYs through Bavala Finance platform and get rewarded in BFT Token. With the establishment of BF farming, the team aims to incentivize users to provide liquidity for their favorite projects by rewarding them i...

JCN Newswire
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NEC and Kagome contribute to the sustainability of farming through enhancing the CropScope agricultural ICT platform

ruth
4 minutes

TOKYO, Jun 7, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) today announced the enhancement of CropScope, its agricultural ICT platform, which NEC has been operating jointly with Kagome Co, Ltd. since April 2020. New functions to improve farming have been added to the strengthened platform, and stable yields have already been achieved through verification in a variety of environments. As a result, NEC expects to expand the number of new contracts for the platform, and to contribute to the achievement of more sustainable farming by resolving challenging farming issues.CropScope consists of a service that uses sensors and satellite photographs to visualize the growth status of tomatoes and the condition of soils, as well as a service that provides farming advice using artificial intelligence (AI). The AI capitalizes on a wealth of know-how from experienced cultivators, enabling it to provide guidance on the optimum amount of water, fertilizer and the best time to apply them. This platform enables tomato producers, regardless of skill level, to stabilize their harvests and reduce cultivation costs, while implementing environmentally friendly farming.In addition...

SeaPRwire

S’pore study to assess viability of southern waters for fish farming

aseanpr
1 minute

SINGAPORE - Amid initiatives to ramp up local food production, the authorities here are looking into the possibility of commercial fish farming in the waters south of the mainland. "The study includes assessing the level of fish production that the waters can support without impacting the site conditions, and is expected to be completed by the end of this year," a spokesman for the Singapore Food Agency (SFA) told The Straits Times last week. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.