Future of SFarm:

analysis of the current market situation //Main reasons of SFarm profitability rising during crypto market decline //Cryptanalysis: the future of the SFarm tokens

4 min readJun 18, 2021

While traditional markets are bursting at the seams, and cryptocurrencies are in the red zone, SFarm profitability is still high. Why is this happening? Let’s analyze the world market situation to answer this question.

Bitcoin price collapse, Environmental problems, and Chinese mining pools

May became the worst month in the history of the Bitcoin network since 2011. The first cryptocurrency lost more than 40% in a month. Altcoins have traditionally followed into the pit of the red zone along with the digital gold.

Experts name another wave of repression in China among the main reasons for this decline. On May 21, Bitcoin lost $5 thousand in an hour after Vice Premier of the State Council of the People’s Republic of China Liu He called for tougher mining rules in the country. This one statement was massive enough for the crypto market collapse. A few days earlier, China had banned financial companies from providing cryptocurrency-related services. Bitcoin price has decreased by a third after this.

The authorities of the Chinese province of Inner Mongolia have presented a list of measures to combat illegal mining, violators will be included in the list of unreliable citizens and may even apply criminal liability. Chinese miners began to leave the country against the background of the government’s position tightening. According to a group of Chinese and British economists, over 78% of the world’s mining capacity is located in the PRC.

At the same time, crypto mining is being accused to harm the environment. After Elon Musk’s tweet that Tesla had suspended the sale of its products for bitcoin, the price fell below $40,000. Musk said that the company is concerned about the increase in fossil fuel use for bitcoin mining.

But actually, more and more analysts point out that the news about environmental problems due to bitcoin mining is rather an attempt to manipulate the market. Critics’ arguments are often exaggerated or even manipulative. Many opinion leaders simply do not have a deep understanding of how the Bitcoin protocol works. There is no up-to-date data on the structure of energy consumption, the role of China, and the share of renewable sources in the hash rate.

Governments, taxes, and legitimacy

More and more governments around the world are declaring their intention to control the cryptocurrency market and mining. Kazakhstan, Russia, Germany, the United States, and many others have recently raised the issue of the legitimacy of cryptocurrencies and any activity associated with them. South Korea will introduce a 20% mining tax. It is generally forbidden to mine cryptocurrencies in Iran since May 2021.

The US government announced its intention to control the cryptocurrency sector more actively in order to minimize the investors’ risks. The SEC head urged the US Congress to develop rules for the cryptocurrency exchanges operations.

The Russian government decided to increase the tax for rich people. It was decided to adopt a law on penalties for hiding funds in electronic wallets in order to avoid the financial “gray zone”. The law will come into force on October 1 this year. If there is no reporting on transfers over 600,000 rubles per year, the person will face a penalty of 20% to 40% on the funds. The cryptocurrency market in the country is not regulated in any way. The risk for cryptocurrency owners will arise only if its status in the Russian legal field is finally determined. With this approach, the state “shoots itself in the foot” and allows to turn taxable capital into crypto assets.

The fall of centralized platforms

The capitalization of decentralized exchanges has grown significantly since August 2020. In May, cryptocurrency market capitalization exceeded USD 2 trillion for the first time. Cryptocurrencies have overtaken Microsoft in terms of capitalization. May 2021 was by far the best month for cryptocurrency exchanges as the total trading volume reached at least $ 2.48 trillion. At the end of May, PayPal allowed users to pay with cryptocurrency.

DEX sector is aimed at solving the problems inherent in centralized exchanges, therefore they have become a priority for many corporate investors. Independence from third parties allows creating the greater anonymity of personal data.

People around the world are no longer trusting the monopolies of corporations and states, abandoning centralized sites and traditional assets. Unlike centralized exchanges, which provide trading processes for users, decentralized exchanges allow users to manage their money in wallets 100 percent.

SFarm is focused on the decentralized market, which allows you to keep consistently high profitability of the token. Against the backdrop of a massive transition of institutions to DEX platforms, the SFarm project not only provides an opportunity to join the common DEX trend but also helps to provide a relatively safe and stable passive income. SFarm does not work with the entire DEX market, but only with projects that have passed a rough audit. Unique highly efficient algorithms exclude human error, choose only the most profitable pools and investment methods.

The market will only grow, DEX has already shown rapid dynamics, which will not fade. Therefore, the best time to invest in the future is now.