Auto AUTO
$16.536 7.72%
Latest Updates
Updated at 12:41$1,267,475.95
#1665
$59,289.42 10.39%
-$1.2763 7.72%
-$1.3413 8.11%
What about Auto?
AutoFarm (AUTO) is a yield farming and decentralized exchange (DEX) aggregator built on the Binance Smart Chain (BSC). The project describes itself as a hyper-optimized cross-chain yield aggregator running on 19 different EVM-compatible networks (blockchains).
The platform enables users to earn high returns on their cryptocurrency assets by participating in yield farming and liquidity mining campaigns across multiple DEXs. In addition, the platform provides a user-friendly interface that allows users to easily swap between different tokens and DEXs, making it an attractive option for traders and investors seeking to maximize their yields.
The AutoFarm platform operates by connecting users to various DEXs and yield farming protocols through a single platform. This helps users easily find the highest-yielding opportunities for their crypto assets without having to manually search through different platforms. The platform integrates with popular DEXs on the Binance Smart Chain, including PancakeSwap, Belt Finance, and more. This provides users with access to a diverse array of investment options while minimizing the effort required to participate in them.
AUTO token is the native currency of AutoFarm, and it has a buy-back mechanics to ensure the deflationary nature of the asset. The token also has several utilities on the platform, including:
governance: AUTO token holders can vote and decide on the project’s future;
platform Fees: A portion of the profits from each earn event will be used to buy back AUTO tokens for burning;
staking: users can stake AUTO tokens to earn additional crypto rewards.
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