One of my high-level investing theses lately has been investing in cash-flow accruing protocols that aggresively scale through new product integrations (why I am invested in HEGIC and SUSHI) that trade at a discount relative to their peers. This has led me to buy FARM recently.
From a supply perspective, FARM has a max supply of 690,420 with decreasing weekly emissions. Emission allocation is 70% to LPs, 20% to the FARM team, and 10% to the FARM treasury).
H/T @0xBoxer for the awesome Dune graphs
H/T @0xBoxer for the awesome Dune graphs
Harvest has been a TVL/revenue generating machine with a clear PMF regarding being a cost efficient platform for automated yield farming.
With the uptick in holders/users as well as daily FARM bought/quantity of unique wallets buying/buy trades on DEXs, it appears that people are paying more attention to dips, as the two largest changes in holders came on days the FARM price was dropping.