Simchain Finance

Simchain Finance
1 min readMar 22, 2021

Simchain Finance is a project built on the Binance Smart Chain. With the emergence of problems concerning privacy protection in DeFi applications on BSC, Simchain aims at providing privacy protection.

With the emergence of problems concerning privacy protection in DeFi applications on BSC, Simchain aims at providing privacy protection. Based on the fact that rewards for supporting privacy protection protocol are very little and when it comes to a decentralized system, privacy is one of the major considerations, Simchain Finance is tasked with finding solutions to the problem and ensuring better privacy.

Simchain also allows farming and staking and unlike other farming projects which have high inflation so they can achieve high APY. Simchain would not make use of inflationary farming alone because high inflation can lead to excessive sell pressure, so such projects can not be sustained for long.

The main aims of this project are scalability, speed, privacy, and most importantly, very low transaction fees.

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Simchain Finance

Simchain Finance is a project built on the Binance Smart Chain to support anonymity and protection of privacy