Yield Aggregators differ from Yield Farms by compounding the fees earned from the LP back into the pool at short time intervals. Harmony’s yield aggregators excel vs aggregators on other chains due to the low fees when executing frequent auto-compounding transactions.
Another key difference is that APY is realized in the native tokens deposited, instead of a native protocol token.
Protocols make revenue from yield aggregators by taking performance fees and sometimes deposit and withdrawal fees when users interact with the vaults.
KogeFarm is a multi-chain yield aggregator/optimizer that automates reward harvesting and yield compounding across hundreds of farms from dozens of yield farm platforms. It was launched in May 2021 on the Polygon chain and is currently also on MoonRiver, Fantom, Harmony and BSC. The unique value propositions of KogeFarm are the low fees (1/4th of competitors) and strong focus on security (completely trustless contracts, two audits, and a public lead dev). In particular, our fee structure is the only one that allows users to get more yield from using our service relative to daily manual compounding.
<aside> ⚠️ Current TVL is concerning.
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KogeFarm TVL $3,123,503 Harmony Vault TVL $727
Notable pairs:
https://docs.google.com/spreadsheets/d/1xF-9pPX2DO9YY4kludokubQLTs4V15UTe_8qSpLR2SI
FarmersOnly.fi is a swap, farm and yield aggregator on Harmony.