Harvest Finance is becoming the talk of the town with its support of the Binance Smart Chain. DeFi hotshots have been making good returns from these high APYs -- which is what I’m going to talk about today.
If you haven’t already, get yourself on Harvest Finance’s BSC farms. You can follow the instructions here. The process is fairly simple, you just have to jump through a few hoops.
We’ll have a quick run-through of how to get started with these farms -- and you’ll see for yourself the kind of gains you can get.
Huge APYs with Harvest Finance’s Binance Smart Chain Farms
When you visit Harvest Finance you’ll see an option to toggle between Ethereum and BSC farms. Assuming you’ve already connected your MetaMask wallet to BSC, and you have assets in it, you can immediately get started.
Right off the bat, you can see that many farms have APYs of over 100% -- some even over 1000%. That won’t last forever, but why not taking the chance and hopping on board while it lasts at near-zero cost?
Let’s take the SPACE-BUSD farm because why not? It has an APY of about 2900%. And again, I'm aware these might not last forever as more people spot that opportunity.
What's even better is the fact that you have a healthy number of assets to choose from. Looks like Harvest fires up BSC strategies like a real degen would.
Not all assets go as high as 3000%-ish, but you really are spoilt for choice. In a time where DeFi farmers are seeing their harvests drying up, this is the perfect solution for those looking to make some big but steady gains.
Now if you’ve been reading some of the previous posts on Publish0x, you’ll know that there’s a lot of buzz about the near-zero fees of BSC. No fees + high APYs = win, in my opinion. There really isn’t a reason to NOT be farming on BSC.
The key takeaway from this is that Harvest Finance is the go-to place for your farming needs now. I can’t think of a better one when it comes to getting the most out of your capital, buck for buck. You’re going to be saving a ton of money when it comes to gas fees alone, and that is much better served by being allocated for yield farming.