There has been a flood of ways to passively earn income over the years in cryptocurrency space. Yet 2021 we saw a boom in many of these options. A specific method is partaking in liquidity pools by investing liquidity. With so many chains having liquidity pools it is somewhat difficult to switch over between chains to obtain better yields. One of those options is autofarm.
Autofarm.network
Straight from autofarm's website is their road map.
The most interesting part of autofarm is the multichains it can bridge and have it all done automatically aim to achieve investor's yield targets.
The liquidity pools accessible to users of auto.farm are plentiful.
In order to switch between chains users can bridge exchange anyswap to move from one bridge to another.
The site also shows daily activity to identify where the most active farms are.
The heart of all the liquidity pools are from some of the most popular pools around such as pancake swap. A list of the sways are show below, and if user does not want to put in the effort to find best farms they can rely on auto.farm's AUTO find it for them based on user's tokens they wish to be farming with.
Conclusions
Auto.farm also has a governance token AUTO and is currently worth over $550. Passive income can be earned with holding AUTO tokens based on exchange and swap fees earned on the platform.
Often there are just too many options to determine where to best participate in liquidity pools. Auto.farm is a platform that tries to make it easier by having access to many pools across many blockchains while providing competitive APR yields.
None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!
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