A key innovation of the
$FARM token is that it entitles holders to a performance fee (currently 30% ETH and 8% BSC) 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. To participate, users must first obtain FARM by collecting incentives for participating in Harvest's yield farming pools, or simply buying FARM directly on the open market. Then FARM must be staked in the auto-compounding Profit Sharing pool.