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Reaper Farm

Reaper Farm

Passive money multiplier on the Fantom network. Reap your favorites while you sleep; backed by industry leading analytics, fresh UI, and a dedicated team.

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Contents

reaper.farm
Is a
Organization
Organization
Company
Company
Cryptocurrency
Cryptocurrency

Company attributes

Industry
Cryptocurrency
Cryptocurrency
Blockchain
Blockchain
Finance
Finance
Technology
Technology
Financial technology
Financial technology
Blockchain and cryptocurrency
Blockchain and cryptocurrency
‌
Cryptocurrency protocol
Founded Date
2021

Cryptocurrency attributes

Block Explorer URL
reaper.farm

Other attributes

Company Operating Status
Active
What Is Reaper?

Reaper is an auto-compounding yield farm which maximizes user's yields by leveraging the power of compound interest.

Simply deposit your liquidity tokens with us and we will farm them for you. Whenever a reward is emitted we swap it for more liquidity tokens and put them back to work. Exponential Profit!

How does it work?

Deposit liquidity tokens into vault and we will compound for you at an optimal rate - faster for higher APR farms and slower for lower APY farms. This means you're able to grow your share of the underlying liquidity exponentially while you sleep.

Each harvest performs ~17 transactions and we pay the gas for you from collected fees.

We are a decentralized autonomous organization, and all fees go toward building out financial infrastructure on Fantom. Our goal is to become as decentralized and indestructible as possible, which starts with our community! Please join us in Discord to take part.

Fee Structure on Reaper Farm
  • 0.1% security fee on withdrawals - When you withdraw money, the system will collect this fee and give it to active farmers.
  • 4.05% performance fee - This is taken from the profit you earn using Reaper's Crypts and sent to the Reaper Treasury.
  • 0.45% gas fee - This is taken from the profit you earn using Reaper's Crypts and sent to the harvest bot so that it can pay for gas.
  • Variable fee system - Reaper wants to help drive liquidity to where it's most needed within the Fantom ecosystem, so we've created a variable fee mechanism which allows us to lower fees in response to demand or for promotional periods. These fees are capped at 5%, and will allow Reaper Farm to stay competitive in the ever-changing Fantom landscape.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Fantom ecosystem spotlight – Reaper.farm

https://fantom.foundation/blog/fantom-ecosystem-spotlight-reaper-farm/

Web

Introduction - Reaper Farm

https://reaper-bytemasons.gitbook.io/reaper-farms/

Web

What Are Vault Shares? - Reaper Farm

https://docs.reaper.farm/reaper-farms/in-depth-faq/vault-shares

Web

References

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