Harvest Adds Vault for $FOX — $ETH Pool on Uniswap V2
Thrilled by the recent Shapeshift announcement to decentralize their entity, we decided to support their mission by adding a vault that includes the $FOX token.
Starting today, our farmers get to enjoy a new vault that leverages the following Uniswap V2 Pool: $FOX — $ETH
The details of the FOX Vault:
- Earning trading fees
- Auto-harvesting $FOX*
- $iFARM Rewards
*Given the high amount of FOX rewards coming to the Uniswap pool, the vault will be in a full buyback mode. In other words, to protect users from high inflation of the reward token, all rewards will be currently claimable in the $iFARM token.
FOX Vault behind the curtains:
- Receives $FOX rewards
- Sells $FOX to buy $iFARM
- Distributes $iFARM
What to expect from participating in FOX Vault
- Earn your share of the $10M+ in $FOX distributed over the next 3 months
- All rewards are claimable as iFARM to protect you from FOX inflation
Harvest will carefully watch how the situation around the novel $FOX token develops and explore more opportunities if such arise.
Read more about Shapeshift’s mission here
Harvest is an asset management platform that maximizes yield for assets deposited by users. Harvest reduces gas costs and develops cutting-edge strategies to become the stop-shop of yield farming in DeFi.
This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information may be accurate. Consult a financial professional before making any financial decisions.