What Is Autofarm?

2021-03-05 04:31:55 · 1208 views · 3 min read

 

Let The Farm Do The Hard Work For You!

 

 

Autofarm is a yield farming aggregator running on Binance Smart Chain. It aims at optimizing DeFi users’ yields as they interact with the other DApps in the DeFi space.

 

 

Autofarm was initiated on Binance Smart Chain with the goal of optimizing DeFi users' yield farming at the lowest possible cost (All APY & APRs shown have already included fees).

 

 

Autofarm Vaults is a yield optimizer platform focused on providing DeFi users with auto-compounded yields at empirical optimal intervals, whilst pooling gas costs through battle-tested smart contract code and best in class yield optimizing strategies. Autofarm uses a proprietary dynamic harvesting optimizer to enable the highest APYs on vaults. 

Currently, the highest APY is 558.3% of the WBNB-AUTO LP. In all the farming pools, besides APY, you can farm AUTO token, the native token of Autofarm. Autofarm started with no pre-farm nor pre-sale. 88% of the total supply is available for the vault token mining program. 12% of the tokens are dedicated to the team to ensure sustainable and rapid innovation.

 

 

Autofarm has also planned to launch AutoSwap, a DEX aggregator that aims to be the best DEX aggregator on Binance Smart Chain, providing you the best prices from your DEX trades. 

 

 

It can be compared to the Uniswap on Binance Smart Chain and has great potential in the future.

 

 

 

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