Farm coin, also known as Harvest Finance (FARM), is a cryptocurrency that powers a decentralized yield optimizer platform. It's designed to automatically farm the highest yield available from the newest DeFi protocols, optimizing the yields received using the latest farming techniques ¹.$FARM
*Key Stats:*
- _Market Capitalization_: $31 million ¹
- _Circulating Supply_: 687 million FARM ¹
- _Total Supply_: 705 million FARM ¹
- _Current Price_: $45.07 ²
*What is Harvest Finance?*
Harvest Finance is a cross-chain yield aggregator and yield farming platform developed by Kava Labs. It offers staking for various digital assets, using advanced yield optimization strategies on secure smart contracts to generate auto-compounding returns ³.
*Use Cases:*
- _Yield Farming_: Deposit ERC-20 tokens into smart-contract-operated vaults to receive fTokens, representing your share of the vault ⁴
- _Liquidity Mining_: Provide liquidity to decentralized exchanges like SushiSwap to earn rewards and transaction fees ⁴
- _Governance_: FARM token holders have voting power to influence platform development and operations ⁴
*Exchanges and Wallets:*
You can trade FARM tokens on centralized exchanges like Coinbase, Kraken, and Binance, and store them in compatible wallets like MetaMask, Ledger Live, and Trezor ⁵ ² ⁴.
Would you like to know more about Harvest Finance or its potential use cases?
