Harvest is Now On Polygon

Published on: 21.07.2021
Harvest is Now On Polygon

Harvest is now on Polygon accompanied by the launch of vaults on Quickswap & Sushi.

Starting today, farmers can deploy their assets on three new vaults that leverage the following pools:

  • ETH-USDT @ Quickswap
  • USDC-ETH @ Sushiswap
  • IFARM-QUICK @ Quickswap

The details of Quickswap Vaults:

  • Auto harvested $QUICK
  • $miFARM rewards

The details of Sushi Vaults:

  • Auto harvested $SUSHI
  • $miFARM rewards

What to expect from participating in Vaults on Polygon:

  • You will earn $miFARM tokens
  • Watch your deposited balance grow in value

$miFARM & $mFARM

This integration required us to map our native ERC-20 tokens $iFARM & $FARM on the Polygon Network.

$miFARM is the equivalent of interest-bearing $iFARM token with the following network details:

Ethereum address: 0x1571eD0bed4D987fe2b498DdBaE7DFA19519F651
Matic address: 0xab0b2ddB9C7e440fAc8E140A89c0dbCBf2d7Bbff

$mFARM is the equivalent of non interest-bearing $FARM token with the following network details:

Ethereum address: 0xa0246c9032bC3A600820415aE600c6388619A14D
Matic address: 0x176f5AB638cf4Ff3B6239Ba609C3fadAA46ef5B0

There is incredible demand to ‘do’ DeFi on Polygon recently and this integration allows farmers of all sizes to deploy their assets at minimal cost while maximizing income.

What is Polygon?

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users.

What is Harvest?

Harvest is an asset management platform that maximizes yield for assets deposited by users. Harvest reduces gas costs and develops cutting-edge strategies to become the stop-shop of yield farming in DeFi.

📰 INFO:

https://medium.com/harvest-finance/harvest-is-now-on-polygon-e0b766e64ee8

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