Autofarm

AUTO is a native utility and governance token for the Autofarm protocol, which was released on Binance Smart Chain (BSC) in late December 2020. Autofarm is a cross-chain yield aggregator that allows users to earn higher returns on assets from production pools by placing bets in the Autofarm vault.

Autofarm aims to be the leading DEX and yield aggregator on Binance Smart Chain (BSC), combining yield optimization and AMM aggregation into one product: this allows users to have two products on one platform, solving the problem of registering on multiple protocols.

Autofarm launched its first cross-chain vault on the Huobi eco-chain in February 2021. Autofarm expanded its ecosystem with the acquisition of Farmfol.io in March 2021. Farmfol. IO is an intelligent portfolio manager designed to simplify the way users monitor and track their assets on Binance's intelligent chain.

Automatic tokens can be used for proposal voting and will receive a fee from the agreement. AUTO initiated a token distribution of community trade initiation by ensuring that only Vault users had the opportunity to participate in the AUTO Token Vault mining program.