Welcoming Harmony to the Autofarm Ecosystem!
Autofarm is now deployed on Harmony, introducing 5 new vaults to the platform and bringing our chain count to 11 in just over a month!
Harmony is an open and fast blockchain that has a 2-second transaction finality and fees gastronomically lower than Ethereum (1000x lower to be exact!). Harmony brings huge improvements to some of Ethereum’s most pressing limitations, and aims to scale cross-chain Ethereum applications to their fullest potential.
Just recently, Harmony’s native token $ONE rallied to an all-time-high which could be attributed to the release of its USD $300 million ecosystem development fund and growing number of new partnerships and integrations. With the Harmony ecosystem heating up, Autofarm is thrilled to be deploying the chain on our platform and expanding our reach to Harmony users!
Earn even more on your Harmony assets when you stake them on Autofarm’s vaults! Yields are compounded at empirical optimal intervals whilst pooling gas costs to bring users the lowest fees on the market and therefore, the highest APYs!
Vault Fee Structure
- Controller Fee: 0.4%
- Platform Fee: 0.5%
- Vault Fee (Revenue shared with BSC single $AUTO vault): 2.5%
- Deposit Fee: <0.1% on initial capital (One-off)
- Withdrawal Fee: 0.0%
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