by Autofarm Foundation
Quick Fact
Autofarm supports yield optimization across 19 EVM-compatible chains, utilizing proprietary auto-compounding strategies to maximize DeFi returns.
Autofarm is a decentralized finance (DeFi) platform designed to optimize yields for crypto investors through automated yield farming strategies. The platform features an auto-compounding vault system that automatically reinvests earned interest to compound the users' returns over time. Additionally, Autofarm provides a decentralized exchange aggregator, AutoSwap, which routes trades across various exchanges to ensure users get the best possible swap rates with minimal slippage.
Autofarm's Vaults implement various automated farming strategies depending on the network. The platform has integrated 477 vaults so far, each offering different farming strategies. Once assets are deposited into the vaults, Autofarm searches for the best farming opportunities across various protocols, along with auto-compounding and reinvesting features to achieve the most efficient capital return. Compounding occurs on a daily basis, reaching a frequency of up to 170 times per day for certain vaults.
AutoSwap is a DEX aggregator that fetches the best possible prices for all your DEX trades. Unlike traditional DEXs, AutoSwap splits your trade across multiple DEXes to ensure the best prices and lowest slippage possible. Trades with AutoSwap are also designed to be non-front-runnable and immune to arbitrage, enhancing the overall trading experience.