Harvest Finance Price (FARM)

Harvest Finance, represented by the FARM token, is a decentralized finance (DeFi) protocol that aims to provide users with automated exposure to potential returns across select DeFi protocols. It seeks to make yield farming more accessible by automating the process and optimizing the potential returns using the latest farming techniques. FARM is the governance token for Harvest Finance, and holders can vote on proposals for the FARM operational treasury and receive a 5% fee from Harvest operations.

Harvest Finance operates by automatically farming the assets with the potential for high returns and distributing the profits among its users. The protocol's harvesting strategies are flexible and future-proof, meaning that a majority of past and upcoming assets can be farmed through Harvest. New crops with standard implementation can be farmed as they emerge, and non-standard crops will be farmed as soon as respective strategies are developed. In addition to the potential returns from harvesting, the protocol provides incentives to its users for participating. Users of Harvest receive FARM tokens, aligning incentives for Harvest users to govern and hold a stake in its continuous success.

Harvest Finance seeks to make yield farming more accessible to a diverse range of users, regardless of their level of expertise or experience. It aims to create a sustainable community-governed farming cooperative that focuses on maximizing potential returns for its users. By automatically farming the assets with the potential for high returns and distributing the profits among its users, Harvest Finance provides a platform for users to potentially benefit from their cryptocurrency holdings. Additionally, the FARM token allows holders to participate in the governance of the protocol, further enhancing its use case.

Harvest Finance was launched in 2020, during a period when yield farming was becoming an increasingly popular activity within the cryptocurrency space. The protocol was designed to help users automatically farm the assets with the potential for high returns from the latest DeFi protocols. Since its launch, Harvest Finance has evolved to include a wide range of farming strategies and has continued to adapt to the changing DeFi landscape. The total supply of FARM tokens is 5,000,000, which is being distributed over a period of 4 years. The protocol was bootstrapped and does not have any venture capital or investor backing.