I'm still very bullish on AUTO. Somewhere in the range as CUB :)
Autofarm now supports 13 blockchains! Yea 13!
At this point I use it as a browser for farms.
All the AUTO has been minted a month or two back, with a total supply of 80k tokens. Yet their single vault for AUTO is giving out 50% APR.
The TVL of the platform went down a bit when all the tokens were rewarded and the overall APRs of the farms they autocompound lowered. But since then it has stabilized and now is at around 500M.
The price of the token dipped to around 600$ and because of this the APR for AUTO increased to 50% from around 30% before. If you wonder where the APR comes for the AUTO token holders, when there is no inflation, the answer is from the management fees for the autocompounding.
