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DeFi Deep Dive - What is Harvest Finance?

Written By Ivan on Tech

Nov 07, 2020

Harvest Finance is an automated yield farming protocol created for users looking to put their assets to work in high producing farming opportunities. Harvest will best appeal to those who can’t manage their decentralized finance (DeFi) positions 24/7 - which is most of us. 

If you’ve spent any time in DeFi, then you already know that manually moving funds around the various protocols takes time. Developing strategies and auditing positions takes time and the gas costs on the Ethereum network are high. 

Harvest Finance seeks to help with all of this by automatically searching out the newest DeFi platforms with the highest yield. It then optimizes yield with the latest farming techniques.

So, Harvest works best for those looking for a convenient way to harvest yield from the latest projects in DeFi. Hence the name, “Harvest.” To put funds to work in these high-yield farming opportunities, users just need to deposit supported tokens to get started.


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