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Home Platforms Reaper Farm
Reaper Farm reviews
Platform Age
2 Years
Anonymous
Decentralised

Founded 2 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Reaper Farm earnings calculator

Founded 2 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Reaper Farm earnings calculator

Reaper Farm Crypto Platform

Pros

tick $20,481,365 USD currently invested (TVL)
tick Investments in 39 coin pairs available
tick Supports protocols including Fantom Opera and Optimism

Cons

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

Reaper Farm Reviews

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.

How Much Can You Earn on Reaper Farm?

How Much Can I Earn on Reaper Farm
Tether
4.73%
APY
USD Coin
0.431 - 11.6%
APY
Dai
5.06%
APY
Wrapped Bitcoin
3.18 - 6.8%
APY
Fantom
1.93%
APY
Optimism
17.9%
APY
Synthetix
11.9%
APY
sUSD
10.2%
APY
Velo
33.6%
APY
SpookySwap
7.84%
APY
WETH
0.511%
APY
Stader sFTMX
2.09%
APY
FANTOM:USDCOATHFTM
40.2%
APY
FANTOM:FTMGALCX
38.2%
APY
FANTOM:WETHWBTCFTMUSDC
36.9%
APY
FANTOM:FTMUSDCBRUSH
31.7%
APY
FANTOM:FTMSPELLICE
31.5%
APY
FANTOM:FTMUSDCWETH
25.2%
APY
FANTOM:FTMLQDR
24.5%
APY
FANTOM:FTMUSDCBNB
17.8%
APY
OPTIMISM:USDPLUSUSDC
16.3%
APY
FANTOM:FTMWBTCWSTAWETHBEETS
7.33%
APY

Reaper Farm Supported Currencies

Reaper Farm supports over 20 currencies including Wrapped Bitcoin, Fantom, Optimism and SushiSwap.

Reaper Farm Key Data

Company
Year founded 2,021
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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