A key innovation of the
$FARM token is that it entitles holders to a performance fee (currently 30% ETH and 8% on BSC & Polygon) taken from Harvest's yield farming strategies. While each strategy may farm different assets, the performance fee is used to buy
$FARM on the open market, which is then distributed to those who stake
$FARM in the Profit Sharing pool. The price of
$FARM is subject to consistent buy pressure as a result. Moreover, when staking, your FARM token is automatically compounded upon every interaction with the Profit Sharing pool. Directly speaking, the value of $FARM comes from the profits generated in the various deployed strategies.