About Harvest Finance
FARM is an Ethereum token that powers Harvest Finance, a yield optimizer that moves funds around the decentralized finance (DeFi) ecosystem in an effort to generate yields. FARM can be used for staking and yield farming on Harvest Finance.
Buy Harvest FinanceTrading Insights
Buyer Ratio
Traders
36
-2.7%
Buyers
19
5.56%
Sellers
19
0%
Searched
47
Market Stats
Market Cap
£14.04M
1.62%
FDV
£14.42M
Circ. Supply
672K FARM
Max Supply
690K FARM
Total Supply
690K FARM
Total Value Locked
£29.68M
Diluted Valuation
£14.39M
Performance
Popularity
#944
Dominance
0%
Volume (24H)
£1.40M
-37.99%
Volume (7D)
£13.54M
Volume (30D)
£54.93M
All time high
£488.08
Price Change (1Y)
-35.54%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Harvest Finance has decreased by 0.88% in the last hour and increased by 2.04% in the past 24 hours. Harvest Finance’s price has also fallen by 4.41% in the past week. The current price is £20.92 per FARM with a 24-hour trading volume of £1.40M. Currently, Harvest Finance is valued at 95.71% below its all time high of £488.08. This all-time high was the highest price paid for Harvest Finance since its launch.
The current circulating supply of Harvest Finance is 672,183.451 FARM which means that Harvest Finance has as total market cap of £14,041,903.18.
Market details
FARM vs markets
↘ 65.28%
FARM vs BTC
↘ 64.57%
FARM vs ETH
↘ 62.72%
Tags
defi
dao
yield-farming
yield-aggregator
+2
Network & Addresses
Network | Address | |
---|---|---|
Base | 0xD08a2917653d4E460893203471f0000826fb4034 | |
Ethereum | 0xa0246c9032bC3A600820415aE600c6388619A14D | |
BNB Smart Chain | 0x4B5C23cac08a567ecf0c1fFcA8372A45a5D33743 |
Price history
Time | Price | Change |
---|---|---|
Today | £20.92 | ↗ 2.04% |
1 Day | £20.58 | ↗ 2.04% |
1 Week | £21.84 | ↘ 4.41% |
1 Month | £22.03 | ↘ 4.54% |
1 Year | £32.97 | ↘ 35.54% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
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.