Autofarm

From DefiLlama
Revision as of 13:20, 18 July 2022 by Define (talk | contribs) (category)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

The Autofarm ecosystem is a one-stop DeFi suite for all users. Autofarm aggregate yield opportunities using vaults and best swap rates using a DEX aggregator (AutoSwap). In addition, other products such as AutoAnalytics, AutoTrade & AutoPortfolio are set to go live later in 2021. The platform is currently live on BSC, HECO, Polygon, Avalanche, Fantom & Moonriver, with more chains to be introduced soon.

Products

AutoFarm is a yield farming aggregator running on 15 different EVM-compatible networks

  • The DApp (Decentralised Application) was designed with the purpose of optimising DeFi (Decentralised Finance) users yields as they interact with the other DApps in the DeFi space.
  • Autofarm was initiated on BNB Chain (formerly Binance Smart Chain) with no pre-farm, no pre-sales and with the goal of optimising DeFi users' yield farming at the lowest possible cost (All APY & APRs shown have already included fees).

Vaults

  • 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 our vaults.

Swap

  • AutoSwap is a DEX aggregator that gets you the best prices from your DEX trades. AutoSwap splits your trade across multiple DEXes to ensure the best prices and lowest slippage possible. Your trades with AutoFarm Swap also become non-front-runnable and non-arbitrageable.

Tokenomics

Max Supply 80000 AUTO

Deflationary Tokenomics: Vault fees (1.5 - 3.0%) on vault users' profits are used to perform market buy-backs and these $AUTO are burnt out of supply forever here.

Utility:

  • Receive fees from cross-chain vaults
  • Receive fees from DEX aggregator
  • Governance

Sources: