Harvest Finance automatically produces the highest yields, available with the latest DeFi protocols, and optimizes yields from farming methods.
Contents:
About the Harvest Finance
Harvest — a tool that helps farmers of all shapes and sizes to get automatically the highest yield, available in some decentralized financial protocols.
fDAI, fUSDC, fWBTC are carrier versions of these assets that are automatically grown by the harvest algorithm. These assets are automatically priced and you can redeem them anytime for DAI, USDC, wBTC.
What prompted Harvest to launch:
- The developers were looking for a convenient way to work with the latest projects that produced various reward tokens. The process was very manual and inconvenient for people.
- Gas prices were very high and it was expensive for the farm, so the creators pooled funds together to try and save on gas.
More assets are going to appear in the future. DAO funds can be used to add useful integrations, provide bug rewards and pay for safety audits, fund projects and add value to FARM holders.
Key features:
| Firstly | Harvest Finance grows the highest yielding assets and distributes the profits to people automatically. |
| Secondly | Harvesting strategies are flexible and forward-looking. Most of the past and future assets can appear through harvesting. |
| Thirdly | Harvest's clean and consistent design allows third-party developers to complement it easily and get rewards for their efforts. |
With automated crop growing, users will receive rewards, based on which pool they are in. In addition to the income and rewards from the harvest, the protocol provides its users with incentives to make deposits. Harvest Finance project users will receive $ FARM tokens.
Additional information
Instead of WhitePaper, the site has a section with answers to questions. Also, the developers blog on the Medium site. You can read articles that describe updates and other important points there. Twitter and Discord are available from social networks. Harvest smart contracts have been designed from the ground up with safety in mind, using as many proven components as possible. Review the audit before depositing funds.