Reaper Farm operates as an automated compounding platform specifically designed for the Fantom network.
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Reaper is an innovative auto-compounding yield farm that leverages the power of compound interest to optimize user yields.
By depositing liquidity tokens into specialized vaults, users can benefit from Reaper’s advanced compounding mechanism, which adjusts the compounding rate based on the farm’s annual percentage rate (APR). This ensures faster compounding for high APR farms and a more gradual approach for lower APY farms.
With each harvest, Reaper executes a series of 17 transactions, utilizing the collected fees to cover the gas costs for users. This unique feature eliminates the burden of gas fees, enhancing the overall profitability of the platform.
As a decentralized autonomous organization (DAO), Reaper is committed to the development of Fantom’s financial infrastructure. All fees generated by the platform are directed towards this purpose, further strengthening the ecosystem and fostering its growth.
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