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Octafarm

Octafarm OCTF Price N/A

6 Watchlists

DeFi

OCTF Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Description

Octafarm is an auto-compounding yield aggregator on Binance Smart Chain

Octafarm (OCTF) Chart

The Octafarm to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

ATH Market Cap

$ 6.35M

Max Supply

OCTF 10,000,000

Total Supply

OCTF 10,000,000

Listing Date

20 Jan 2022

All Time High

$ 0.635

20 Jan 2022


All Time Low

$ 0.00...090

17 Jun 2022

Octafarm Price Analysis

What is Octafarm (OCTF)?

Octafarm is an auto-compounding yield aggregator on Binance Smart Chain (BSC) that seeks to streamline the yield farming lifecycle by automating the reinvestment process to maximize earning potential. Octafarm aims to be the easiest gateway for sophisticated and non-sophisticated users to access the world of DeFi yield farming in an automated, simple and safe manner. Octafarm is focused on building a fully-integrated DeFi ecosystem for both crypto natives and the mainstream population.

The core of Octafarm’s simple solution is the maximization of profits through automated compounding. With automated daily compounding, users who stake on LP pools that were earning 100% APR can now earn 161% APY without any need for manually reinvesting and wasting time or incurring gas fees. This auto-compounding function will be available to all LP farms across BSC network through Octafarm. On a high level, Octafarm makes it easy for anyone who wants to automate their yield farming reinvestment process so they can earn much higher returns. This entails the creation of smart contracts for each pool that Octafarm aggregates on our protocol. These smart contracts will automate the compounding process multiple times daily, so as to maximize users’ earning potential.

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