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While I do not know a ton about Forex trading it is safe to say the farms powered by the Jarvis Network are booming, to say the least! Earlier this morning the deposits on Harvest Finance's Jarvis Network farms exceeded $5 million in TLV! This is huge as these farms are located on the Polygon Network, the newest blockchain that Harvest has branched out to.
If you add up all of the other farms on the Polygon chain, there are 6, there is less than $3 million in TLV. These farms I hope will lead to further farm developments on the blockchain. It will be interesting to see how the farms pan out since the Fortex contract they are tied to expires on December 1st so there is less than a month left of it. The rewards though and the boosted rewards are very very enticing especially when you can interact with the MATIC Network at such a lower price than on the Ethereum blockchain!
With Eth 2.0 slowly moving blockchains like MATIC continue to show that they will have a place for the foreseeable future! Since MATIC is also much much much more decentralized than other blockchain solutions like BINANCE Smart Chain (which is highly highly centralized) it will have a continued future that is not at risk of government regulation like centralized networks are. I look forward to future development and farms added for Harvest since it is such a cheaper option!
Please know I am not a financial advisor and that you should never invest more than you can afford to lose. I am just a college grad who is learning along with the rest of yall! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it!
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