Table of Contents
<>Toggle- Token Name: Havert Finance
- Ticker: FARM
- Blockchain: Ethereum
- Token Standard: ERC-20
- Contract: 0xa0246c9032bc3a600820415ae600c6388619a14d
- Token Type: Governance
- Total Supply: 705,227 FARM
- Circulating Supply: 685,003 FARM
Token Allocation
Harvest Finance Token will be distributed at a fixed rate each week according to the following allocation:
- Capital and Liquidity Providers: 70%.
- Project Team: 20%.
- Operational Treasury: 10%.
Token Release Schedule
Token Utility
- Governance: Participate in DAO fund management and decide farming strategies.
- Staking: Receive profits from shared pools.
- Incentive: Rewards in farming strategies.
- Fee Reduction & LP Incentives: Increase efficiency for long-term farmers.
Roadmap
Harvest Finance has not published a detailed development roadmap due to the rapid and constantly changing nature of the DeFi field. However, the platform continuously updates and improves existing products and expands to new networks to better serve users. Users can follow the latest updates through Harvest Finance's official communication channels.
Harvest Finance Project Team
The project is operated by an anonymous team, but has built reputation through:
- Multiple security audits by PeckShield, Haechi Audit, etc.
- Open-source protocol, transparent on GitHub.
- Stable operation since 2020 without being terminated like many other protocols.
Investors and Partners of Harvest Finance
Investors
Harvest Finance is a DeFi project with an anonymous development team and does not disclose traditional funding rounds like VC or angel investors. Therefore, the project has no official information about the institutional investors behind it.
Partners
Harvest Finance has established many important partnerships during its development, collaborating with Binance to provide FARM a solid position in Staking on the world's largest exchange.
Additionally, collaboration with Zerogoki helped them expand trading scope by launching Uniswap V3: zUSD-ETH. Furthermore, coordination with other partners like Risk Harbour, Stakewise.io, DePay, and Bancor has contributed to expanding features and increasing Harvest Finance's application in the user community.
Assessment of Harvest Finance
Harvest Finance is one of the top Yield Farming protocols in the DeFi space, notable for its automation and compound interest platform. Advantages of Harvest Finance include the ability to automatically optimize profits by automatically depositing funds into DeFi projects and providing users with opportunities to earn profits by staking FARM tokens in profit pools. However, disadvantages of Harvest Finance may include risks related to security and reliability of smart contracts, as well as overall crypto market volatility that can affect user profits.
Summary
Harvest Finance is a long-standing, stable, and transparent DeFi project. FARM may be suitable for investors seeking an automated, gas-saving, and stable farming tool. However, it is important to note that the project no longer attracts strong capital flow as before, and the market is extremely competitive.
Allinstation has answered the question about what Harvest Finance is and provided information about the project's token. Please explore and evaluate to make the most intelligent investment decisions. Good luck!
