Thread by @CryptosEngineer

How to Automate your Farming Strategy?

#Fantom vaults can improve the efficiency of our #DeFi farming by:

• Higher return (APY)
• Saving our time
• Discovering new opportunities

Check the best available vaults on the @FantomFDN network.

/THREAD

Vaults automatically maximize the user rewards from:

• liquidity pools (LPs),‌ ‌
• automated market-making (AMM) projects,‌
• other yield‌ farming ‌opportunities in the #DeFi ecosystem.

Everything is available via a simple User Interface.

/1

@FantomFDN vaults.

We have many vaults to choose from, which offer exposure to different:
• Farming Strategies
• Tokens
• #DeFi Protocols
• Chains

Let's then review the best #Fantom vaults with their main features.

/2

@beefyfinance - $BIFI

• Project is available on many chains
• One of the biggest TVL - > $1B
• Safty Score for each strategy
• Great UI with many filtering options

This should be your default choice for most farming strategies.

/3

@iearnfinance - $YFI

• The higher TVL - ~$3B
• Mostly only 1 token side strategy
• Only safe farming strategies
• Project is available on 3 chains

Start with this if you want to increase your tokens with almost zero risk.

/4

@Reaper_Farm

• only available on @FantomFDN
• protocol architecture is based on @iearnfinance
• #fantom style UI :)
• created by @ByteMasons

A few times I found here farming opportunities were not available on other vaults. Check it to see what is available now.

/5

@FinanceGrim - $GRIM

• Low $GRIM token MC - just $0.5M
• only available on @FantomFDN
• @beefyfinance & @ConvexFinance fork
• smaller fees (higher APY) than in other vaults

A riskier version of @beefyfinance with potentially higher returns and different strategies.

/6

@YieldWolfFi

• Project is available on many chains
• Many degen farming strategies (high APY, even higher risk)
• #Fantom TVL - $20M
• ~250 vaults

Most of the vaults have low TVL, which increases your returns. Check it also if you are looking for new farms.

/7

@autofarmnetwork - $AUTO

• Project is available on many chains
• #Fantom TVL - $3.6M
• ~62 vaults
• Swap module for some chains

The protocol is not very popular with #Fantom users, so you can find here some unique strategies.

/8

@robo_vault

• only available on @FantomFDN
• vault's token can be likely airdropped to platform users...
• few unique farming strategies
• Mostly only 1 token side strategy

From time to time it has very high APY on #stablecoins, but it has also limited TVL for them.

/9

How incredible high APY is possible?

Sometimes you can find strategies with very high APY like a few percent. Daily.

I wrote previously what is the catch🪝 and how to calculate farming APY.

https://twitter.com/CryptosEngineer/status/1481319609005445126?s=20

/10

New Strategies.

Every day we have new farming opportunities on #Fantom. Follow these accounts to be up to date:

@Route2FI
@milesdeutscher
@thedefiedge
@Prof_Crypto_B
@FTMAlerts
@Stinky_FTM
@deficryptofarm
@Jacktheoiler
@DannyCrypt
@alexandomega
@sury_fi

/11

Thanks for reading!

If you what to learn more about Crypto Investing and how to analyze Cryptocurrency Projects:

• Follow me @CryptosEngineer for threads like this
• Check out some of my other threads:

https://twitter.com/CryptosEngineer/status/1486395562618503172

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TL;DR

• How do vaults work?

• What vaults do we have on @FantomFDN?

• Which vault should I use?

• How to calculate farming APY?

• Where to find new farming strategies?

/13