What is Farm Cryptocurrency?

In today's blog I’m going to cover a cryptocurrency called farm. Now many of you who read my blog know of this cryptocurrency through the publish0x blogging site. As you know it’s a tipping token that’s used on the site and is the main source of payment on the site next to the Amplforth stable coin. Which I’ve covered in a previous blog post that you can read to learn more about the AMPL crypto. Now back to the FARM crypto is a great token to use to make passive income. Which makes it a great topic for my blog since all we discuss in passive income. So let's get into today's special cryptocurrency blog post folks.

Why Was Farm Created

Farm was created to give some sort of value and investment revenue to the DeFi automated yield farming website called harvest finance. This website makes DeFi yield farming easy and very profitable by making it all automated. Farm was created to also provide a good APY for a highly valuable cryptocurrency. As most cryptocurrencies that aren’t Proof-of-stake don’t often get high APY’s when they get lent such cryptos like Bitcoin or Bitcoin cash. Farm was also created to act as a asset of value to be based off of for the Ifarm cryptocurrency which is earned through staking your Farm cryptocurrency.

How Does Farm Work

How farm works exactly isn’t to complicated since it’s just a DeFi automated yield farming tool. But to start with the basics the coin is based on the Ethereum blockchain. The main part of the crypto is it’s automated collecting of your…