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Harvest Finance
About Harvest Finance
Harvest Finance (FARM) is a decentralized platform that allows users to earn returns on their cryptocurrency investments without actively managing them. It uses strategized vaults to provide optimal yield rates on investments. FARM is the native ERC-20 token of Harvest Finance, which is used for governance, staking, voting on proposals, and incentivizing users. The amount of FARM staked by holders determines their influence on decisions about the project and platform.
Harvest Finance is a decentralized yield farming protocol and asset management platform. It uses strategized vaults to provide users with optimal yield rates on their cryptocurrency investments. This yield aggregator is designed for users who want to earn returns on their crypto assets without actively managing them.
FARM, the native ERC-20 token of Harvest Finance, has several uses within the platform. It is utilized for governance, staking, voting on proposals, and incentivizing users. Key incentives include rewards for staking in the profit-sharing pool and FARM earnings for depositing in vaults. Holders of FARM can influence decisions about the project and platform, with their influence proportional to the amount of FARM they stake.