ScarcityDeFi (SCARCE) Exchange Listing, Yield farming Update

Scarcity DeFi
2 min readJan 12, 2021

TL;DR — SCARCE on Uniswap exchange trading officially starting on January 16, 22:00 UTC. Yield farming shall be activated on the platform at the same time. Presale continues until then.

SCARCE token has seen huge support earlier until the ETH price suddenly raised significantly. Presale softcap still requires less than 10 ETH to reach the target. However, since ETH price went up, SCARCE team has decided to list SCARCE on Uniswap anyway. But there will have some small changes in the pricing model to protect against instant dumping.

Since ETH price raised, most of the investors will try to dump at the first hour to get ETH because they’ll still make 3x profit on it. Therefore, SCARCE token is no longer pegged with ETH. The listing price will be pegged with USDT. To give it a fair price, ETH presale average price is locked at $650. SCARCE listing price will be $81.25 at the opening time. The investors decide which direction it will go. On the first day, SCARCE team will provide 40 ETH locked liquidity, and in 48 hours another 20 ETH liquidity. By this time, if SCRCE presale raises more funds, they will be added at the second day’s liquidity funds.

So in one sentence, SCARCE will be listed on Uniswap at $81.25 price with a total of 60+ ETH. Presale remains open until the listing.

10+ ETH is reserved for future development, marketing, and team expenses.

Yield Farming by providing liquidity or locking SCARCE token is on its way, the smart contract is under the process of an external audit before finalizing the beta open UI. You can expect farming on or before January 20. it will have multiple rewards to maximize the farming especially for the fast couple of months to give a boost to the early supporters.

Anyone that invest in SCARCE after this post will be entitled get an additional 30% bonus token within 7 days of purchase. Want to buy now? Visit SCARCE presale.

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Scarcity DeFi

SCARCE is a deflationary token that is designed to maximize yield farming, while the protocol builds a vault with locked liquidity forever.