Autofarm is now on Moonbeam Network
Autofarm is now on Moonbeam Network to bring users 9 new StellaSwap and BeamSwap vaults.
Moonbeam Network joins the Autofarm chain family as the 16th chain. Bringing Autofarm and its users an even closer to becoming a truly chain-agnostic DeFi yield aggregator.
Additionally, Autofarm was initiated on BNB Chain (formerly Binance Smart Chain) with no pre-farm, no pre-sales, and with the goal of optimizing DeFi users’ yield farming at the lowest possible cost.
As a result, Autofarm uses a proprietary dynamic harvesting optimizer to enable the highest APYs on our vaults.
Moreover, AutoSwap is a DEX aggregator that gets you the best prices from your DEX trades. Additionally, AutoSwap splits your trade across multiple DEXes to ensure the best prices and lowest slippage possible. In adition, your trades with AutoFarm Swap also become non-front-runnable and non-arbitrage tables.
New Vaults
StellaSwap
- STELLA-GLM
- USDC-USDT
- USDC-GLMR
- ETH-GLMR
- BUSD-GLMR
BeamSwap
- GLINT-GLMR
- USDC-GLMR
- USDC-BUSD
- USDC-USDT
Vault Fee Structure
- Controller Fee: 0.4%
- Platform Fee: 0.5%
- Vault Fee (Revenue shared with BNB single $AUTO vault): 0.5%
- Deposit Fee: <0.1% on initial capital (One-off)
- Withdrawal Fee: 0.0%
The Moonbeam platform extends the base Ethereum feature set with additional features such as on-chain governance, staking, as well as cross-chain integrations.
Moonbeam’s cross-chain integration is accomplished by becoming a parachain on the Polkadot network. Additionally, the Polkadot network provides integration and connectivity between parachains. It is also connected to the network and to other non-Polkadot-based chains, such as Ethereum and Bitcoin, via bridges.
ABOUT Autofarm
AutoFarm is a yield farming aggregator running on 15 different EVM-compatible networks. Furthermore, Autofarm is a chain-agnostic, yield aggregating DeFi protocol with three key product offerings; a yield optimizer (vault service), DEX aggregator as well as an intelligent portfolio manager. Additionally, Autofarm’s vision is to continuously innovate, expand and grow the Autofarm brand and protocol.
ABOUT Moonbeam
Moonbeam is the top destination for building secure multi-chain dapps. In addition, Moonbeam combines unmatched Ethereum compatibility and interoperability on Polkadot. Decentralized as well as permissionless, Moonbeam provides an Ethereum-compatible smart contract platform. It also makes it easy to build natively interoperable applications.
ABOUT StellaSwap
StellaSwap is one of the first automated market-making (AMM), decentralized exchange (DEX) for the Moonbeam parachain network. Moreover, its unique value proposition of StellaSwap is that they are committed to establishing a strong foundation with its native token, STELLA, as a governance token, diverse farms, a built-in bridge, as well as a user-centered service.
RESOURCES
Medium
