DeFi yield farming platform Harvest Finance added a new farming strategy for renBTC in the last week of Jan. 2021, allowing users to farm KBTC against renBTC.

• The renBTCC farm provides one of the higher yields at a 52.72% APY; seeing 2.04 million already been deposited
• kBTC is a synthetic bitcoin asset available through Klondike.finance, an algorithmic synthetics platform  
• Harvest added multiple strategies in January, including synthetic real-world assets like Apple, Tesla, and Google through Mirror Finance, as well as Curve stablecoin pools 
• The addition of new strategies has helped boost the TVL of Harvest Finance up to $592 million, up by roughly 40% since the start of Jan.
• The team stated that 2021 will be a pivotal year for growth, and has begun the year by joining the DeFi Alliance Special Ops program for business expansion guidance