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Home Platforms Reaper Farm
Reaper Farm reviews

Founded 3 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Reaper Farm Crypto Platform

Reaper Farm is an auto-compounding yield farm protocol built on the Fantom network. Reaper Farm is created by an anonymous group called Byte Masons. The Byte Masons group also has a news and education website that is called Blockbytes. A Twitter user with the name 0xBebis_ is the CEO of both Byte Masons and Blockbytes. Fantom network is not as big as Ethereum, Avax or Polygon. Reaper is the third biggest on the Fantom chain as Yieldwolf and Beefy Finance are the first two yield farming protocols. The Byte Masons recently started developing smart contracts and protocols on Optimism, Arbitrum, and Aurora networks too. The group’s other project is The Granary Finance.

Reaper Farm provides vaults for users to grow their assets through farming strategies. Users can deposit funds to the protocol, and then the funds will be transferred to the strategy contract. Depositing and withdrawals to strategy contracts are subject to a 0.1% fee. The strategy contract is the wallet address of a vault on the protocol. Users can create new vaults and manage the vault. Users can sort vaults by network, host, and token. There are many vaults on the protocol that has different approaches to different tokens. There is a 4.5% fee on Single-strategy vaults and a 10% fee on Multi-strategy vaults from the profit.

The protocol has an easy-to-use interface web app. Users can connect to the protocol with a web wallet. The protocol supports MetaMask, Coinbase wallet, and Clover wallet. There are unfortunate hacks and exploits in the Reaper Farm’s history. As a result of an exploit in August 2022, the protocol suffered a $1.7 Million loss. The protocol’s documents page shows some information about the audits. But there is no audit report from a reputable audit company.

Pros

tick $6,510,113 USD currently invested (TVL)
tick Investments in 17 coin pairs available
tick Supports protocols including Optimism and Fantom Opera

Cons

cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users

Reaper Farm Staking Yields

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Columns
  Product Yield Chain Term Yield Yield Trend TVL TVL Trend
FTM-WIGO
26.4%
26.4% APY
Fantom Opera
Instant Access
26.4%
26.4% APY
$17,551
FTM-BOO
14.5%
14.5% APY
Fantom Opera
Instant Access
14.5%
14.5% APY
$16,321
USDT
12.9%
12.9% APY
Optimism
Instant Access
12.9%
12.9% APY
$47,865
DAI
11.9%
11.9% APY
Optimism
Instant Access
11.9%
11.9% APY
$176,522
RETH-WETH
10.3%
10.3% APY
Optimism
Instant Access
10.3%
10.3% APY
$74,133
SNX
6.3%
6.3% APY
Optimism
Instant Access
6.3%
6.3% APY
$65,458
OP
6.14%
6.14% APY
Optimism
Instant Access
6.14%
6.14% APY
$124,981
WSTETH
5.9%
5.9% APY
Optimism
Instant Access
5.9%
5.9% APY
$567,025
ERN
5.75%
5.75% APY
Optimism
Instant Access
5.75%
5.75% APY
$1,429,875
SUSD
4.24%
4.24% APY
Optimism
Instant Access
4.24%
4.24% APY
$547,009
BOO
3.38%
3.38% APY
Fantom Opera
Instant Access
3.38%
3.38% APY
$147,862
USDC
2.79%
2.79% APY
Fantom Opera
Instant Access
2.79%
2.79% APY
$68,363
WETH
2.71%
2.71% APY
Optimism
Instant Access
2.71%
2.71% APY
$487,903
WBTC
1.54%
1.54% APY
Optimism
Instant Access
1.54%
1.54% APY
$132,268
FTM
1.31%
1.31% APY
Fantom Opera
Instant Access
1.31%
1.31% APY
$89,391
USDC
0.43%
0.43% APY
Optimism
Instant Access
0.43%
0.43% APY
$35,023
WBTC
0.03%
0.03% APY
Fantom Opera
Instant Access
0.03%
0.03% APY
$20,801
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Reaper Farm YouTube Reviews

Reaper Farm Scams, Frauds, Hacks and Blunders

3 Aug 2022

Reaper Farm Supported Currencies

Reaper Farm supports over 5 currencies including Rocket Pool ETH, SpookySwap, Wrapped Fantom and WigoSwap.

Reaper Farm Key Data

Company
Year founded 2021
Decentralised tick Yes
Security
Know your customer cross No
Key People
bebis
CEO & Founder

Useful Links

Reaper Farm Contact Details

https://www.reaper.farm/

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