Moonriver Partners With AutoFarm
Moonriver is officially joining the AutoFarm ecosystem as its sixth blockchain!
Moonriver is an Ethereum-compatible parachain on Kusama, which houses a scalable network of blockchains that provide an experimental development environment for the Polkadot ecosystem. Led by the community, Moonriver enables developers to build, experiment, and implement multi-chain Solidity dApp innovations on Kusama easily.
Alongside Autofarm’s integration with Moonriver, we are thrilled to be introducing 14 new vaults from Solarbeam — the leading decentralised exchange (DEX) on Moonriver! Solarbeam boasts a suite of DeFi services ranging Automated market-makers (AMMs), yield farms, an Initial DEX Offering (IDO) platform and cross-chain bridge.
With a farm TVL of over USD $89M, Solarbeam is poised to be the biggest DEX on Moonriver, and users will now be able to earn even more on their Solarbeam yields directly on Autofarm!
Solarbeam
WMOVR-SOLAR
USDC-SOLAR
WMOVR-USDC
USDC-DAI
USDC-BUSD
BUSD-BNB
USDC-ETH
USDC-WBTC
USDC-USDT
WMOVR-MATIC
WMOVR-AVAX
WMOVR-FTM
USDC-miMatic
USDC-MIM
Vault Fee Structure
Controller Fee: 0.4%
Platform Fee: 0.5%
Vault Fee (Revenue shared with BSC single $AUTO vault): 2.5%
Deposit Fee: <0.1% on initial capital (One-off)
Withdrawal Fee: 0.0%
About AutoFarm
Autofarm is a cross-chain yield aggregator that enables users to get optimal return on their assets from yield farming pools by staking in Autofarm vaults. With a yield optimizer, DEX and farmfolio as part of their ecosystem, Their DApp is designed to optimize DeFi users’ yields as they interact with other DApps in the DeFi space.
About Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot. Currently in active development by PureStake, Moonbeam is expected to reach MainNet by Q4 of 2021.
