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Basic Description
Frogs is a DeFi protocol on BNB Chain that provides an opportunity for users to gain their deposits (up to 10X) with no risks of losing them; It is achieved by distributing farmed income from all the users in the Pool among a small number of lucky ones; The distribution is made by Frogs Smart Contract and is totally transparent – you will be able to view it and check on GitHub (of course, an audit by a third-party company will also be performed as soon as the Contract is ready)
- users deposit their assets to the pool (when we launch, it will be one pool available: CAKE-BNB on PancakeSwap)
- Smart Contract sends assets to CAKE-BNB on PancakeSwap
- the total income is being farmed
- then, it is distributed by Smart Contract among small number of participants
- winners are able to gain 2, 5, 10 times their deposits just in one week (with no risk of losing)
That’s how Frogs works; more details here
Terminology
- frogger = Frogs user
- pool = liquidity pool (farming or staking)
- points = the more points you get, the higher level you reach
- levels = at the moment, there are 5 levels, each of which gives special advantages and opens new functional (more details here)
- roles = at the moment, there is only one role Early that you can only get before the Launch and which will benefit you in the future (more details here)