🔥 BitDegree partnered with Ogvio - a free international money transfer service! Join the waitlist & grab Rewards! 🎁

Autofarm (Polygon) (AUTO) Polygon Protocol dApp DeFi

Autofarm (Polygon) (AUTO) Polygon Protocol
dApp DeFi

Autofarm is a Polygon-driven dApp. The platform is a DeFi-concerned project. On one hand, it's a yield farm - you stake tokens, and earn passive rewards. On the other hand, though, Autofarm does also have a portfolio dashboard for you to customize, and even acts as a DEX aggregator, too. It's a decentralized and transparent project.

Autofarm (Polygon) Social Profiles:

Autofarm (Polygon) Social Profiles:


Autofarm (Polygon) (AUTO) dApp Analysis

Get the most important Autofarm (Polygon) dApp metrics at your fingertips - analyze the in-depth charts below, evaluate dApp's activity in different time periods & make fast, accurate decisions!

Autofarm (Polygon) Smart Contract Statistics

Autofarm (Polygon) dApp Technical Analysis

Autofarm (Polygon) dApp is a crypto asset from the DeFi category built on the Polygon protocol. Now it's ranked as #12 in general dApp rankings according to the user count, and #6 in the DeFi category, which gives you a good idea of how Autofarm (Polygon) dApp performs among its competitors.

By analyzing Autofarm (Polygon) dApp data in the last 30-day window, it's evident that the dApp's Balance is $0, and the Volume is stable with $0. Autofarm (Polygon) has generated 23 Transactions with a 100% rise in the 30-day period. Clearly, the Volume has been steady by 0% in comparison to the previous 7-day period. The data of the last 7 days show that the Autofarm (Polygon) user base is 23 & has been increasing by 100%.

We also recommend taking a look at the Autofarm (Polygon) Activity Overview & Balance of Smart Contracts graphs to see how these important metrics fluctuate & change over time.

DeFi protocol <\/strong>that provides users with a decentralized exchange (DEX), crypto vaults, and a yield aggregator. Besides, AutoFarm is a cross-chain project, meaning that it can run on multiple blockchain networks. Take a look at the AutoFarm price chart above to see the current AUTO price.<\/p>\r\n<p>By utilizing the <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-yield-farming/">yield farming<\/strong><\/a> feature of the AutoFarm protocol, you can stake or lend your crypto tokens to receive rewards. These rewards are paid from staking and yield profits, as well as from transaction fees generated by the network.<\/p>\r\n<p>In addition to that, AutoFarm offers two other features &ndash; <strong>AutoFarm vaults and AutoSwap<\/strong>.<\/p>\r\n<p><strong>AutoSwap acts like a DEX aggregator<\/strong>. It enables users of AutoFarm to have access to different <strong>trading pools<\/strong> in one place. It aims to give better swap rates than other DEX platforms, without any extra charge.<\/p>\r\n<p><strong>AutoFarm vaults<\/strong>, on the other hand, provide users with a collection of <strong>automated trading strategies<\/strong>. They were developed to make it easy for people without enough trading experience to trade and carry out staking activities.<\/p>\r\n<p>Besides, the project also has other features like <strong>AutoAnalytics<\/strong> (for making informed analysis before making trading or staking decisions), <strong>AutoPortfolio<\/strong> (for managing your staking activities), and <strong>FarmFolio<\/strong> (for monetizing your yield farming progress).<\/p>\r\n<h2>Use Cases of AUTO Tokens<\/h2>\r\n<p>AUTO crypto assets are used for various purposes within the AutoFarm ecosystem. For starters, it's the <strong>governance token of the project<\/strong>. Holders of the AUTO token can vote on various decisions concerning the further development of the AutoFarm crypto platform. Some of these decisions include platform upgrades, profit management, and so on.<\/p>\r\n<p>Moreover, as an AUTO token holder, you are entitled to a <strong>portion of the transaction fees earned on the platform<\/strong>.<\/p>\r\n<p>Besides, <strong>all fees within the ecosystem are paid using AUTO tokens<\/strong>.<\/p>\r\n<p>Lastly, AUTO coins are also used for <strong>staking and yield farming activities<\/strong>.<\/p>\r\n<p>Don't forget to check the current AUTO price. It will help you to make better purchasing decisions. You can check it on the AutoFarm price chart above.<\/p>\r\n<h2>Who Founded Autofarm?<\/h2>\r\n<p>AutoFarm was founded by an anonymous developer known as <strong>MildGiraffe<\/strong> in 2020. Although much is not known about this person, he or she is described as a person with experience in cryptocurrencies, blockchain development, and smart contracts. Alongside MildGiraffe, the entire team around the AutoFarm project remains anonymous.<\/p>\r\n<h2>AUTO Tokenomics<\/h2>\r\n<p>At the generation event that was held on the 15th of December 2020, 80 thousand AUTO tokens were created. This is the maximum supply of AUTO. From this number, 74.5% of the available tokens were made available for the public, 12.1% were given to the anonymous core developer team, and 13.4% were set aside in the AutoFarm reserve.<\/p>\r\n<p><strong>The AUTO token was designed to be deflationary<\/strong>. Fees collected on the platform are burned in a bid to reduce the tokens in circulation. This is supposed to grow the AUTO price over time, or, at least, keep it relatively stable.<\/p>","disclaimer":null,"url":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/auto-auto-price"},"nft_collection":null,"dapp_category":{"id":3,"type":"3","is_top":1,"icon":"assets\/icons\/defi-dapp-icon.png","order":4,"created_at":"2024-03-07T09:12:41.000000Z","updated_at":"2024-03-07T09:12:42.000000Z","slug":"defi","name":"DeFi","title":"Uncover Top :protocol DeFi dApps","subtitle":"Trace the top :protocol DeFi dApps, track progress, and achieve success!","show_all_text":"Show All DeFis","meta_title":"Discover and Observe the Top Binance Smart Chain DeFi dApps","meta_description":"Analyze the market, find top Binance Smart Chain DeFi dApps, and filter relevant metrics. Track your favorites, and reach for success!","faq":{"questions":["How to track the top :protocol DeFi dApps?","How can I analyze the top :protocol DeFi dApps with the Crypto Tracker tool?"],"answers":["All of the top :protocol DeFi dApps are simple to track, as long as you use the Crypto Tracker tool. All you need to do is navigate to the \u201cDeFi\u201d section, and apply the filters that you want (time, metric, etc.). This way, you'll be able to sort through all of the different DeFi dApps out there, and find ones that you'd like to look into.","You can use the Crypto Tracker tool in order to sort :protocol DeFi dApps in accordance with their user count, volume, general activity, contract balance, and some other metrics. You can also view the technical analysis of the dApp, and select time periods for your analysis, as well! This way, you'll be able to track any of the select top :protocol DeFi dApps in a very precise manner!"]}},"defi_dapp":null,"latest_dapp_balance_stat":null}">
DeFi protocol <\/strong>that provides users with a decentralized exchange (DEX), crypto vaults, and a yield aggregator. Besides, AutoFarm is a cross-chain project, meaning that it can run on multiple blockchain networks. Take a look at the AutoFarm price chart above to see the current AUTO price.<\/p>\r\n<p>By utilizing the <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//learn//crypto-terms//what-is-yield-farming/">yield farming<\/strong><\/a> feature of the AutoFarm protocol, you can stake or lend your crypto tokens to receive rewards. These rewards are paid from staking and yield profits, as well as from transaction fees generated by the network.<\/p>\r\n<p>In addition to that, AutoFarm offers two other features &ndash; <strong>AutoFarm vaults and AutoSwap<\/strong>.<\/p>\r\n<p><strong>AutoSwap acts like a DEX aggregator<\/strong>. It enables users of AutoFarm to have access to different <strong>trading pools<\/strong> in one place. It aims to give better swap rates than other DEX platforms, without any extra charge.<\/p>\r\n<p><strong>AutoFarm vaults<\/strong>, on the other hand, provide users with a collection of <strong>automated trading strategies<\/strong>. They were developed to make it easy for people without enough trading experience to trade and carry out staking activities.<\/p>\r\n<p>Besides, the project also has other features like <strong>AutoAnalytics<\/strong> (for making informed analysis before making trading or staking decisions), <strong>AutoPortfolio<\/strong> (for managing your staking activities), and <strong>FarmFolio<\/strong> (for monetizing your yield farming progress).<\/p>\r\n<h2>Use Cases of AUTO Tokens<\/h2>\r\n<p>AUTO crypto assets are used for various purposes within the AutoFarm ecosystem. For starters, it's the <strong>governance token of the project<\/strong>. Holders of the AUTO token can vote on various decisions concerning the further development of the AutoFarm crypto platform. Some of these decisions include platform upgrades, profit management, and so on.<\/p>\r\n<p>Moreover, as an AUTO token holder, you are entitled to a <strong>portion of the transaction fees earned on the platform<\/strong>.<\/p>\r\n<p>Besides, <strong>all fees within the ecosystem are paid using AUTO tokens<\/strong>.<\/p>\r\n<p>Lastly, AUTO coins are also used for <strong>staking and yield farming activities<\/strong>.<\/p>\r\n<p>Don't forget to check the current AUTO price. It will help you to make better purchasing decisions. You can check it on the AutoFarm price chart above.<\/p>\r\n<h2>Who Founded Autofarm?<\/h2>\r\n<p>AutoFarm was founded by an anonymous developer known as <strong>MildGiraffe<\/strong> in 2020. Although much is not known about this person, he or she is described as a person with experience in cryptocurrencies, blockchain development, and smart contracts. Alongside MildGiraffe, the entire team around the AutoFarm project remains anonymous.<\/p>\r\n<h2>AUTO Tokenomics<\/h2>\r\n<p>At the generation event that was held on the 15th of December 2020, 80 thousand AUTO tokens were created. This is the maximum supply of AUTO. From this number, 74.5% of the available tokens were made available for the public, 12.1% were given to the anonymous core developer team, and 13.4% were set aside in the AutoFarm reserve.<\/p>\r\n<p><strong>The AUTO token was designed to be deflationary<\/strong>. Fees collected on the platform are burned in a bid to reduce the tokens in circulation. This is supposed to grow the AUTO price over time, or, at least, keep it relatively stable.<\/p>","disclaimer":null,"url":"https:\/\/www.bitdegree.org\/cryptocurrency-prices\/auto-auto-price"},"nft_collection":null,"dapp_category":{"id":3,"type":"3","is_top":1,"icon":"assets\/icons\/defi-dapp-icon.png","order":4,"created_at":"2024-03-07T09:12:41.000000Z","updated_at":"2024-03-07T09:12:42.000000Z","slug":"defi","name":"DeFi","title":"Uncover Top :protocol DeFi dApps","subtitle":"Trace the top :protocol DeFi dApps, track progress, and achieve success!","show_all_text":"Show All DeFis","meta_title":"Discover and Observe the Top Binance Smart Chain DeFi dApps","meta_description":"Analyze the market, find top Binance Smart Chain DeFi dApps, and filter relevant metrics. Track your favorites, and reach for success!","faq":{"questions":["How to track the top :protocol DeFi dApps?","How can I analyze the top :protocol DeFi dApps with the Crypto Tracker tool?"],"answers":["All of the top :protocol DeFi dApps are simple to track, as long as you use the Crypto Tracker tool. All you need to do is navigate to the \u201cDeFi\u201d section, and apply the filters that you want (time, metric, etc.). This way, you'll be able to sort through all of the different DeFi dApps out there, and find ones that you'd like to look into.","You can use the Crypto Tracker tool in order to sort :protocol DeFi dApps in accordance with their user count, volume, general activity, contract balance, and some other metrics. You can also view the technical analysis of the dApp, and select time periods for your analysis, as well! This way, you'll be able to track any of the select top :protocol DeFi dApps in a very precise manner!"]}},"defi_dapp":null,"latest_dapp_balance_stat":null}">
Latest Crypto Videos & News

FAQ

What sort of information can I get about :name with the BDG Crypto Portfolio Tracker tool?

The Crypto Portfolio Tracker tool allows you to check all of the most important crypto metrics in regards to Autofarm (Polygon), or any other dApp out there. These metrics include unique user counts, dApp volume, balance, transaction counts, DeFi statistics, smart contracts, and much more. Doing so, you'll learn that Polygon-powered Autofarm (Polygon) is ranked as the #12 dApp, overall. All of the metrics can be viewed in 24-hour, 7-day, and 30-day periods.

How should I know if the Autofarm (Polygon) dApp is worth tracking?

The BDG Crypto Portfolio Tracker tool provides you with all of the information that you might need to figure these things out! All you need to do is analyze the main criteria - things such as market cap, transaction counts, CAP/TVL ratio, and a few more. Probably, volume traded is the first and one of the most important metrics to start with, it shows an overall demand for the dApp tokens. You may also check how Autofarm (Polygon) compares with other dApps, as well. Depending if the results satisfy you or not, you'll have a much better idea of whether or not Autofarm (Polygon) is worth tracking!

How has the Autofarm (Polygon) volume changed over time?

In the last 24 hours, Autofarm (Polygon) had a volume of $0. This is a 0% change compared to the previous period. In the last 7-day period, the volume of the dApp has changed by 0%. Lastly, if you were to look at the 30-day period, the change is around 0%.

What is a dApp?

A dApp is a decentralized application that runs on a P2P network, such as a blockchain, and is fueled by tokens. The main difference between dApps and regular applications is that they eliminate middlemen, meaning no single entity has control over the network. Also, dApps are transparent as data is kept public and smart contracts are open-sourced. This is true no matter if the dApp is a crypto wallet, an exchange platform, or else.

What are the main benefits of dApps?

The main benefit of dApps is that they're completely free from the control of any single authority and operate by the logic of smart contracts. This means that no individual, no matter how powerful, can control the dApp after its smart contract is launched into the blockchain. Moreover, a P2P system ensures that decentralized applications continue to run even if significant parts of the network stop operating. dApps communicate with smart contracts that make the functionality and integration of cryptocurrencies effortless.

Where can dApps be applied?

dApps can be applied in various online industries, including advertising, gaming, social media, banking, real estate, the Internet of Things, elections & voting, and so much more. The utilization of dApps is almost limitless, and their number continues to grow every day, so it's unclear what more the future will bring. BitDegree's approach makes dApp & other Web3-related information well-accessible and easily understandable for everyone globally.

binance
×
Verified

GET EARLY REWARDS

Join Ogvio Waitlist
Rating
5.0