New $FOX Vault
Harvest Adds Vault for $FOX — $WETH Pool on Uniswap V2
Dear Farmers!
Thrilled by the recent Shapeshift announcement to decentralize their entity, we decided to support their mission by adding a vault that includes the $FOX token.
Starting today, our farmers get to enjoy a new vault that leverages the following Uniswap V2 Pool: $FOX — $WETH
The details of the FOX Vault:
- Earning trading fees
- Auto-harvesting $FOX*
- $iFARM Rewards
*Given the high amount of FOX rewards coming to the Uniswap pool, the vault will be in a full buyback mode. In other words, to protect users from high inflation of the reward token, all rewards will be currently claimable in the $iFARM token.
FOX Vault behind the curtains:
- Receives $FOX rewards
- Sells $FOX to buy $iFARM
- Distributes $iFARM
What to expect from participating in FOX Vault
- Earn your share of the $10M+ in $FOX distributed over the next 3 months
- All rewards are claimable as iFARM to protect you from FOX inflation
Harvest will carefully watch how the situation around the novel $FOX token develops and explore more opportunities if such arise.
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Read more about Shapeshift’s mission here
About Harvest
Harvest is an asset management platform that maximizes yield for assets deposited by users. Harvest reduces gas costs and develops cutting-edge strategies to become the stop-shop of yield farming in DeFi.
Connect with Harvest: Website — Twitter — Discord
This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information may be accurate. Consult a financial professional before making any financial decisions.
