Harvest Finance Review: Legit or Scam?

Harvest automatically farms the highest yielding assets and distributes the profits among the people. 🌿 The harvesting strategies are flexible and future-proof. A majority of the past and upcoming assets can be farmed through Harvest. New crops with standard implementation can be farmed for you as they see the light of the world. Non-standard crops will be farmed as soon as respective strategies get developed. Harvest’s clean and consistent design allows outside developers to easily add to it and receive rewards for their efforts. There is no time to waste while weeds are growing. 🌱 The governance cannot drain staked assets or farmed crops from the farming strategies. Your beans will always be safe.

What are the token economics for FARM?

>Farm holders receive cashflows from revenues on AUM, currently set to 30% profit sharing >Circulating supply at launch: 0

>FARM has a current circulating supply of 192910.64

>FARM has a total supply over 4 years of 690,420

>14850 FARM has been burned in week 3 >5846.9 FARM has been burned in week 4

>Harvest was completely bootstrapped, with no VCs and no premine

What is fDAI, fUSDC, fWBTC?

fDAI, fUSDC, fWBTC are the yield-bearing versions of these assets, which are being automatically farmed by the harvest algorithm. These assets are automatically appreciating, and you can redeem them at any time for DAI, USDC, wBTC.

What was the reason for launching Harvest?

We were looking for a convenient way to farm the latest projects that were producing different reward tokens. The process was highly manual and inconvenient for people that had a normal job and didn’t want to keep up with DeFi 24/7. Gas prices have been really high, and it was expensive to farm by ourselves, so we pooled our funds together to try to save on gas. We decided to build the solution that we were looking for ourselves, and hopefully will help many others.

Smart contracts and audits

The Harvest smart contracts are here.
The Harvest smart contracts have been designed from the ground up with security in mind, by using as many audited components as possible. Please review the smart contracts before depositing funds.
Harvest's audit reports are here.
We would like to thank Haechi and Peckshield for their hard work on this audit and keeping our farmers safe.

is Harvest Finance legit

We can’t really say if this platform is legit or scam at the moment by our unique readers can help us on this. Do you know if they are still legit? Drop a comment below at the comment section for all to know.

Harvest Finance a Scam
Have you been defrauded by this platform? Do you feel they are a scam? Drop a comment below for all to read and know if this platform is still legit or crashed.
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