Harvest Finance: New Pools Galor!

Harvest Finance: New Pools Galor!

By Cje95 | Chronic Illness and Crypto | 26 Jan 2021


Since Coinbase highlighted the yield farming place Compound I was drawn to the idea. I had an issue though as this was last fall and I was rather busy with work at that point in time. Because I could not spend the time needed to fully participate in yield farming I began to look elsewhere. Luckily Publish0x showed me an interesting protocol and that was Harvest Finance. It did not take me long for me to stake 100 DAI there and see how it worked out and the results were amazing! 

 

Since my initial deposit of DAI the different farms have really changed! This was back when Uniswap pools were really really profitable and I saw those pools end and Harvest stayed on top of their game finding new farms for people. Curve became the next big one while others like Compound stuck around and were used on and off depending on the results. The results have always been fantastic. The last couple of weeks have really been an explosion of pools though! They have added 1inch, Seigniorage, and the coolest ones yet the Wrapped Mirror stock tokens of Tesla, Alphabet, Apple, and Amazon!

 

These last ones I listed are from Uniswap but deal with the idea of tokenizing stocks. I find the idea fascinating and wonder how it will turn out. I wonder if the stock markets themselves will try to shut them down. I am not sure the government would try and touch this however the companies that list these tech companies might get worried and try to shut down tokenization to protect themselves from more government regulation.

 

If you have any idle assets I would highly recommend looking into Harvest.Finance to see if any of your coins can be deposited there!


Cje95
Cje95

Just a college student who graduated during a pandemic. Loudest and proudest member of Texas A&M '17! Back to back neurosurgery survivor and sports fanatic!


Chronic Illness and Crypto
Chronic Illness and Crypto

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