Generalize
Information
Harvest is a platform that automatically maximizes yield by farming the highest available yields from the latest DeFi protocols, utilizing advanced farming techniques. FARM serves as the governance token for Harvest, enabling FARM holders to vote on proposals for the operational treasury and receive a 5% fee from Harvest operations.
Information
What is the description of the coin?
Harvest is a DeFi protocol that automatically farms the highest yield available from the newest DeFi protocols and optimizes the yields using the latest farming techniques. Harvest Finance saves users time and network fees by automatically collecting or 'harvesting' reward tokens on their behalf and exchanging them for more of the underlying assets, compounding the interest earned. FARM is the governance token for Harvest. FARM holders can vote on proposals for the FARM operational treasury and receive a 5% fee from Harvest operations. Holders of $FARM are entitled to a performance fee taken from Harvest's yield farming strategies, which is used to buy $FARM on the open market and distributed to those who stake $FARM in the Profit Sharing Pool. The price of $FARM is subject to consistent buy pressure due to this mechanism. Additionally, when staking, the FARM token is automatically compounded upon every interaction with the Profit Sharing Pool. The value of $FARM comes from the profits generated in the various deployed strategies.
Answers
Coin ranking
Popular Q&A
- I'm looking for the best farm games that allow players to earn cryptocurrency. Can you recommend any games that combine the fun of farming with the opportunity to earn digital currency? I'm particularly interested in games that offer a variety of cryptocurrencies to earn and have a user-friendly interface. Any suggestions?2021-12-24
- I'm looking for farm games that offer the opportunity to earn cryptocurrency. Are there any games out there that combine the fun of farming with the potential to earn digital currency? I'm interested in finding a game that allows me to grow crops, raise animals, and complete tasks to earn cryptocurrency rewards. Can anyone recommend any farm games that offer this unique feature?2021-12-24
- Can you recommend some popular farm games that have integration with Coinbase? I'm interested in playing games that allow me to earn or use digital currencies like Bitcoin. It would be great if the games have a good reputation and are widely played. Can you provide some suggestions?2021-12-24
- How does the presence of farm stock affect the cryptocurrency market? What role does it play in the overall dynamics of the market? Are there any specific factors that contribute to its impact?2021-12-24
- I am considering investing in farm coin. Can you provide more information about farm coin and whether it is a good investment option? What are the potential risks and rewards associated with investing in farm coin?2021-12-24
- Can you explain the significance and function of farm tokens in the cryptocurrency industry? How do these tokens contribute to the overall ecosystem?2021-12-24