iFARM: the header of the current contest and a sizeable chunk of your publisher0x portfolio.
We have established the name, but not the game. So what is iFARM?
iFARM is the interest-accruing equivalent of the FARM token, Harvest's dedicated currency. Harvest Finance is an automatic yield farming protocol that operates on the Ethereum Mainnet and the BINANCE Smart Chain. This protocol allows users to deposit a large variety of tokens into the Harvest and accumulate exuberant interest rates. These rates are far more appealing than those offered by services such as NEXO and BlockFI, with certain niche currencies such as the EGG token offering APYs in the thousands of percents. Holders of the aforementioned dedicated FARM token get to dip their proverbial toes into the pools of Harvest's yield farming.
iFarm still allows for basic tasks such as accrual of stablecoin, albeit with more reasonable interest rates. It is linkable by WalletLink and MetaMask, making it easily accessible. In general, Harvest Finance offers passive income generation for those who do not have as much leisure time to trade. With a quick gateway to publish0x, there is little reason not to employ the service. I use it and I recommend others to as well. Depending on your deposit size, your gains can quickly become tangible.
