Farm them all - a whale safe way to earn @DraculaProtocol $DRC #DeFiFarming #Defi

You've heard about farming the $UNI token. By providing liquidity on $UNI, you receive $UNI tokens as a reward. Simple.

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Some people decide to keep these tokens, but many people immediately sell them for a different asset.

Low rewards and high gas prices for transactions and swaps - these factors make farming often unprofitable if you do not have a large amount of capital in the pool.

Therefore, whales are the only people who are engaged in this, selling their tokens and thereby pushing the price of the reward $UNI down. Ordinary users watch how the price of their reward is constantly falling.

That’s where Dracula comes in to play.

First, @DraculaProtocol aggregates on its smart contracts deposited by users LP tokens from Uniswap and several other platforms and starts to earn rewards of these victim pools.

Then, “Drain” function, activated by any user at any time, collects these rewards and sells them on the market. Then it uses the received ETH to buy $DRC tokens and burns a portion of these tokens, while also distributing $DRC as reward to liquidity providers in the protocol.

Burning supports the DRC price and rewards increase users.

What are the advantages of Dracula over its victims such as @UniswapProtocol or #SushiSwap? In pools on UniSwap or SushiSwap, the more money locked in the pools, the more your share is diluted and less rewards you get.

Dracula $DRC, on the contrary, works in the exact opposite way; the more locked in its pools, the more rewards it receives, which translates to more $ETH being received.

This goes in to directly buy $DRC and reward the token holders. At the same time, a portion of these tokens are burned, reducing the total supply.

The more TVL -> more rewards selling -> more DRC buybacks - more burning - WIN-WIN-WIN situation.

You don't have to sell rewards tokens yourself, you don't need to buy your main assets, you don't need to lock them in pools. You save a lot of gas by not having to claim or swap tokens, or adding liquidity to pools.

Instead, you get an asset that should grow in value while the total supply of the asset is constantly decreasing. This all depends on @DraculaProtocol being able to attract enough TVL in its victims pools.

Attracting people is a constant struggle Dracula has today released the next phase which makes $DRC a "hold and earn" token: Stake $DRC to earn either $DRC or $ETH. Both pools utilize the buy and burn method. A new way to burn $DRC is by locking liquidity in the $DRC / $ETH pool.

Read more about the incoming #burning mechanism here: https://medium.com/@DraculaProtocol/general-updates-and-staking-proposal-10-30-177ee93e89ca

" #Hold and earn $ETH "

Dracula protocol now has 7 kinds of protocols as victims: #UniSwap, #SushiSwap, #Pickle, #LuaSwap, #Dodo, #SashimiSwap and #YFValue. @DraculaProtocol is also working on adding new victims.

You can farm $DRC by staking pairs such as:
$WBTC-$ETH, $USDT-$ETH, $DAI-$ETH, $USDC-$ETH, $OMG-$ETH $LINK-$ETH, $YFI-$ETH, $SNX-$ETH, $AAVE-$ETH, $REN-$ETH, $WBTC-$TBTC …and lots of other pairs. See all the pairs on http://dracula.sucks  .

If you don't feel like #staking a pair, just stake only one of these assets through Dodo victim pool $ETH $LINK $SNX $COMP $WBTC $YFI $USDC, and all #stablecoins using @CurveFinance through #Pickle.

FARM everything you own @DraculaProtocol! No #rugpull available: liquidity provided by community
#Audit DONE: https://twitter.com/valentinmihov/status/1317120493577768960

Dracula Protocol will #airdrop a total of 350k $DRC tokens to token holders, those that have interacted with our Master Vampire contract, and Uniswap users. More details: https://medium.com/@DraculaProtocol/dracula-protocol-halloween-airdrop-explained-39f6cff61495
((((((((((((((((FARM everything you own!)))))))))))))))