Farm Infos

What are Farms?

At its core, yield farming is a process that allows cryptocurrency holders to lock up their holdings, which in turn provides them with rewards. More specifically, it’s a process that lets you earn either fixed or variable interest by investing crypto in a DeFi market.

What is Auto-Compounding?

Compounding is the action of generating profit on a specific token and re-investing that profit immediately to generate more interest. Many users periodically harvest their rewards, swap the earned tokens for the staking tokens and deposit again to compound profits. All of these transactions are time-consuming and require to pay a gas fee to use the network. Our smart contracts pool together the deposits of multiple users and compound rewards at optimal rates.

Pooling many users together allows anyone to compound at high frequencies, which is usually reserved to wealthy individuals, since gas fees might eat up earned revenues otherwise.

When do Farms Auto-compound?

When a compound is executed on a vault, the assets of every user on the vault are compounded. Compounding is performed when ANY of these conditions are met:

• When a deposit is made

• When a withdrawal is made

• When 0.3% of pending rewards are higher than the compound transaction costs.

Fees

All farm vaults are subject to the below fee schedule: Perfomance Fee: 4% Deposit Fee: 0% Withdrawal Fee: 0.5%