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I started BSC chain in October 2020, landed in Autofarm in 2021 January. In my idea, autofarm is kind of an infrastructure in the whole BSC ecosystem.
Why?
In the field of Defi, everything is about investment and profit. When it comes to ETH
blockchain, the tx is costly and unfriendly for users with funds less than $1M. While you just start Defi investment, you want to go a cost-effective yet effortless approach as beginning. I will recommend new users to study the assets and platform you want to invest, and put your fund with a trust-worthy, highly efficient platform to automatically earn your compound interests, that's where autofarm is designed for.<br />
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You put your assets to farm yield, you can do it manually every few hours, or days. Constantly checking price up&down and open your PC/mobile to withdraw/deposit, day after day. With autofarm, you put your assets in, the Dapp(autofarm) will farm(or compound) automatically for you on an optimized algorithm to generate as much yield as a robot can do for you. That's why it's an "autofarm", lowest fee in Defi now, but great return.<br />
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The time you save can be used to search other projects or to spend time with the loved ones. How sweet is that?<br />
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Recommend to research on their community channel(discord, reddit, telegram, twitter) and read through documents. There is always risk in cryptocurrency, so paying attention to your own assets, but autofarm is definitely a legit project!!!
Review date 2021-03-30 16:11:41