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About Harvest Finance (FARM)
What is Harvest Finance?
Harvest Finance is a DeFi protocol that utilizes the FARM token to provide users with automated exposure to potential returns across select DeFi protocols. Its goal is to make yield farming more accessible by automating the process and optimizing the potential returns using the latest farming techniques. FARM serves as the governance token for Harvest Finance, allowing holders to vote on proposals for the FARM operational treasury and receive a 5% fee from Harvest operations.
How does Harvest Finance Work?
Harvest Finance is a platform that aims to make yield farming more accessible to a diverse range of users, regardless of their level of expertise or experience. It operates by automatically farming the assets with the potential for high returns and distributing the profits among its users. The protocol's harvesting strategies are flexible and future-proof, meaning that a majority of past and upcoming assets can be farmed through Harvest. New crops with standard implementation can be farmed as they emerge, and non-standard crops will be farmed as soon as respective strategies are developed. In addition to the potential returns from harvesting, the protocol provides incentives to its users for participating. Users of Harvest receive FARM tokens, aligning incentives for Harvest users to govern and hold a stake in its continuous success. The FARM token serves as the governance token for Harvest Finance, allowing holders to vote on proposals for the FARM operational treasury and receive a 5% fee from Harvest operations.
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