Harvest Finance (FARM)

How to safely store it in wallet? What is Harvest Finance (FARM) Cryptocurrency? Harvest Finance (FARM) is a decentralized crypto protocol built on the Ethereum blockchain. It is a DeFi protocol that aggregates liquidity from multiple other DeFi platforms to create a platform for users to earn passive income. The protocol makes it easy for users to connect their Ethereum wallets to the platform and start earning yields from their funds. Essentially, Harvest Finance allows users to take advantage of yield farming, also known as liquidity mining, without having to do the research or expertise building themselves. Who founded it? Harvest Finance was founded by a team of blockchain and finance professionals from Silicon Valley, London, and Singapore. The team behind the project combines the skillset of financial and investment analysis, blockchain technology development, research, and project management. It has raised money from some of the leading funds and investors in the DeFi ecosystem, such as Polychain Capital, Three Arrows Capital, Origin Ventures, and Framework Ventures. What Makes Harvest Finance Unique? Harvest Finance is unique in two major ways. The first is its ability to continuously seek and offer the highest yield opportunities. Harvest Finance operates a smart liquidity engine that continuously seeks out yield farming opportunities across DeFi protocols to aggregate liquidity in pooled farms. Through this process, users can maximize their yield earning potential. The second unique aspect of Harvest Finance is its use of governance tokens. FARM is the native governance token on the Harvest Finance protocol and users can earn FARM tokens by depositing funds into their vault in the platform. FARM tokens are used for voting on various parameters of Harvest Finance and staking FARM tokens can bring increased yields for users. Where is it Used? Harvest Finance is used for a variety of purposes in the DeFi ecosystem, mainly for yield farming, idle asset management, and pooling of liquidity. The protocol is widely used by individual investors and institutions alike, who benefit from the platform’s automated yield farming feature. Where to Buy & Sell Harvest Finance? FARM can be purchased and sold on cryptocurrency exchanges such as Uniswap and Binance. It is important to note that since these exchanges are decentralized and non-custodial, users must exercise caution while trading cryptocurrency on them. How to Safely Store Harvest Finance? Harvest Finance tokens can be safely stored in a hardware wallet, as hardware wallets provide the highest level of security for cryptocurrency storage. Popular hardware wallets that support FARM tokens include Ledger Nano S, Ledger Nano X, and Trezor. Conclusion Harvest Finance is a decentralized crypto protocol built on the Ethereum blockchain and is used for yield farming, idle asset management, and pooling of liquidity. The protocol offers users the convenience of automated yield farming and the opportunity to earn additional income with its unique FARM governance tokens. FARM tokens can be purchased from various exchanges and should be stored in a hardware wallet for the highest level of security.