Market Cap: $2.9664T 1.180%
Volume(24h): $88.981B 46.640%
Fear & Greed Index:

51 - Neutral

  • Market Cap: $2.9664T 1.180%
  • Volume(24h): $88.981B 46.640%
  • Fear & Greed Index:
  • Market Cap: $2.9664T 1.180%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What is the issuance amount of Harvest Finance (FARM) coins?

The issuance amount of Harvest Finance (FARM) coins is 20 million, with the majority allocated to the community treasury for protocol governance and development support.

Dec 02, 2024 at 06:21 am

What is the Issuance Amount of Harvest Finance (FARM) Coins?

Introduction

Harvest Finance (FARM) is a decentralized finance (DeFi) protocol that automates yield farming strategies for various cryptocurrencies. It enables users to optimize their returns by leveraging a suite of tools and strategies designed to maximize their earnings. FARM is the native governance token of the Harvest Finance platform. Users can utilize FARM for voting on protocol updates, earning rewards, and staking to receive a portion of platform revenue.

Issuance Amount

The total issuance amount of Harvest Finance (FARM) coins is 20 million.

Distribution Breakdown

  • Community Treasury (72.5%): 14.5 million FARM tokens are allocated to the community treasury, which supports the ongoing development and governance of the Harvest Finance protocol.
  • Ecosystem Development Fund (12.5%): 2.5 million FARM tokens are reserved for promoting the adoption and growth of the Harvest Finance ecosystem.
  • Team and Advisors (10%): 2 million FARM tokens have been allocated to the Harvest Finance team and advisors as compensation for their contributions to the project.
  • Initial Liquidity (5%): 1 million FARM tokens are used to provide initial liquidity on decentralized exchanges, ensuring smooth trading and access for users.

Key Points

  • The issuance amount of Harvest Finance (FARM) coins is 20 million.
  • The majority of FARM tokens (72.5%) are allocated to the community treasury.
  • The team and advisors have been allocated 10% of FARM tokens.
  • FARM tokens are used for governance, earning rewards, and staking.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

Why does AVAX withdrawal require multiple confirmations? How to speed up the withdrawal of coins?

Why does AVAX withdrawal require multiple confirmations? How to speed up the withdrawal of coins?

Apr 28,2025 at 11:56pm

Introduction to AVAX WithdrawalWhen you decide to withdraw AVAX, the native cryptocurrency of the Avalanche blockchain, from an exchange or a wallet, you might notice that the transaction requires multiple confirmations before it is considered complete. This process is essential for the security and integrity of the blockchain. Understanding why multipl...

Is it better to choose USDT or BTC for AVAX trading? What is the difference in liquidity?

Is it better to choose USDT or BTC for AVAX trading? What is the difference in liquidity?

Apr 28,2025 at 11:14pm

When deciding whether to use USDT or BTC for trading AVAX, it's crucial to consider various factors such as liquidity, stability, and trading preferences. Both USDT and BTC are popular choices for trading, but they serve different purposes and come with their own set of advantages and disadvantages. In this article, we will explore the differences betwe...

How to export AVAX transaction records? What data is required for reconciliation and tax reporting?

How to export AVAX transaction records? What data is required for reconciliation and tax reporting?

Apr 28,2025 at 11:01pm

Exporting AVAX transaction records is an essential task for anyone involved in cryptocurrency trading, especially for those who need to perform reconciliation and tax reporting. In this article, we will guide you through the process of exporting your AVAX transaction records and discuss the data required for reconciliation and tax reporting. Understandi...

Is it cost-effective to buy and sell AVAX in small amounts? What is the minimum transaction limit?

Is it cost-effective to buy and sell AVAX in small amounts? What is the minimum transaction limit?

Apr 29,2025 at 12:01am

When considering whether it's cost-effective to buy and sell AVAX in small amounts, several factors come into play, including transaction fees, exchange fees, and the minimum transaction limits set by various platforms. This article will delve into these aspects to help you understand the cost-effectiveness of trading small amounts of AVAX and the minim...

Which one has higher returns, AVAX staking or direct trading? How to choose?

Which one has higher returns, AVAX staking or direct trading? How to choose?

Apr 29,2025 at 08:21am

When considering investment options within the cryptocurrency space, two popular methods for potentially generating returns are staking and direct trading. In this article, we will delve into the specifics of AVAX staking and direct trading, comparing their potential returns and helping you understand how to choose between them. Understanding AVAX Staki...

How to identify fraudulent projects in AVAX transactions? What are the common scams?

How to identify fraudulent projects in AVAX transactions? What are the common scams?

Apr 29,2025 at 06:01am

Introduction to AVAX Transactions and Fraudulent ProjectsThe Avalanche (AVAX) ecosystem, like any other blockchain platform, is not immune to fraudulent activities. As more users and investors engage with AVAX transactions, the need to identify and avoid fraudulent projects becomes increasingly crucial. Understanding the common scams and learning how to...

Why does AVAX withdrawal require multiple confirmations? How to speed up the withdrawal of coins?

Why does AVAX withdrawal require multiple confirmations? How to speed up the withdrawal of coins?

Apr 28,2025 at 11:56pm

Introduction to AVAX WithdrawalWhen you decide to withdraw AVAX, the native cryptocurrency of the Avalanche blockchain, from an exchange or a wallet, you might notice that the transaction requires multiple confirmations before it is considered complete. This process is essential for the security and integrity of the blockchain. Understanding why multipl...

Is it better to choose USDT or BTC for AVAX trading? What is the difference in liquidity?

Is it better to choose USDT or BTC for AVAX trading? What is the difference in liquidity?

Apr 28,2025 at 11:14pm

When deciding whether to use USDT or BTC for trading AVAX, it's crucial to consider various factors such as liquidity, stability, and trading preferences. Both USDT and BTC are popular choices for trading, but they serve different purposes and come with their own set of advantages and disadvantages. In this article, we will explore the differences betwe...

How to export AVAX transaction records? What data is required for reconciliation and tax reporting?

How to export AVAX transaction records? What data is required for reconciliation and tax reporting?

Apr 28,2025 at 11:01pm

Exporting AVAX transaction records is an essential task for anyone involved in cryptocurrency trading, especially for those who need to perform reconciliation and tax reporting. In this article, we will guide you through the process of exporting your AVAX transaction records and discuss the data required for reconciliation and tax reporting. Understandi...

Is it cost-effective to buy and sell AVAX in small amounts? What is the minimum transaction limit?

Is it cost-effective to buy and sell AVAX in small amounts? What is the minimum transaction limit?

Apr 29,2025 at 12:01am

When considering whether it's cost-effective to buy and sell AVAX in small amounts, several factors come into play, including transaction fees, exchange fees, and the minimum transaction limits set by various platforms. This article will delve into these aspects to help you understand the cost-effectiveness of trading small amounts of AVAX and the minim...

Which one has higher returns, AVAX staking or direct trading? How to choose?

Which one has higher returns, AVAX staking or direct trading? How to choose?

Apr 29,2025 at 08:21am

When considering investment options within the cryptocurrency space, two popular methods for potentially generating returns are staking and direct trading. In this article, we will delve into the specifics of AVAX staking and direct trading, comparing their potential returns and helping you understand how to choose between them. Understanding AVAX Staki...

How to identify fraudulent projects in AVAX transactions? What are the common scams?

How to identify fraudulent projects in AVAX transactions? What are the common scams?

Apr 29,2025 at 06:01am

Introduction to AVAX Transactions and Fraudulent ProjectsThe Avalanche (AVAX) ecosystem, like any other blockchain platform, is not immune to fraudulent activities. As more users and investors engage with AVAX transactions, the need to identify and avoid fraudulent projects becomes increasingly crucial. Understanding the common scams and learning how to...

See all articles

User not found or password invalid

Your input is correct