What is FARM? FARM is Harvest Finance’s governance token which allows token holders to influence Harvest’s treasury and the future direction of the protocol. FARM token holders are entitled to the 30% protocol fees.
What is Harvest Finance? Harvest Finance is an automatic yield farming protocol that helps traders take advantage of the latest DeFi platforms with the highest yield.
Who created Harvest Finance? Harvest Finance was built by a group of anonymous developers. The only visibility to the team is via a handful of community managers that volunteer their time.
What problem does Harvest Finance solve? The DeFi space is becoming more complex as more protocols are being introduced. Harvest Finance aims to help non-savvy users yield farm and get the highest DeFi yield while saving time and money.
For users who are yield farming with small amounts of capital, it may not be the most effective use of time to constantly harvest yield from the various DeFi yield farms. Constantly harvesting yield will also incur high gas cost. Harvest Finance collates capital from various yield farmers to do yield farming more effectively saving time and money for users.
Market Cap $174,897,294 24 Hour Trading Vol $34,718,746 Fully Diluted Valuation $203,121,162 Total Value Locked (TVL) $493,881,834 Fully Diluted Valuation / TVL Ratio 0.41 Market Cap / TVL Ratio 0.36 Circulating Supply 594,485 Total Supply 639,924 Max Supply 690,420
This idea is based on a pennant pattern and the current sentiment of the market along with indicators on other charts such as the MACD and RSI showing bullish signs.