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A Yield Farming & DEX Aggregator on Binance Smart Chain.
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Auto is a yield farming & DEX aggregator running on Binance Smart Chain. It was designed with the purpose of optimizing DeFi users’ yields across various dApps in the DeFi space.
The project consists of the following major components working in conjunction:
AutoFarm Vaults: AutoFarm Vaults is a yield optimizer platform focused on providing DeFi users with auto-compounded yields at empirical optimal intervals, whilst pooling gas costs through smart contracts and yield optimization strategies.
AutoSwap: AutoSwap is a DEX aggregator that gets users the best prices from their DEX trades. AutoSwap splits trades across multiple DEXes to ensure the best prices and lowest slippage possible.
AUTO is Auto's BEP-20 native utility token and is used in the following functions:
Governance: AUTO token holders can participate in network governance decisions.
Platform Fees: A portion of the profits from each earn() event will be used to buy back AUTO tokens to be burnt.
Staking Rewards: Users can earn rewards by staking AUTO tokens.
As at April 2nd 2021, the max supply of AUTO is 80,000 and the current circulating supply is 25,739.