### What is Harvest Finance?

Harvest Finance is a decentralised finance (DeFi) protocol designed to automate yield farming across selected DeFi platforms. It aims to provide users with potential returns by making yield farming more accessible and optimising potential returns using advanced farming strategies. The platform is built on the Ethereum network and uses smart contracts to facilitate these services. Its native token, FARM, serves governance purposes and rewards depositors .

### How does Harvest Finance work?

Harvest Finance operates by automatically directing user deposits into liquidity pools that offer the highest returns. It uses smart contracts known as vaults to hold deposited assets and carry out predefined yield-generating strategies. The platform leverages features like automated yield farming, automated compounding, and multi-chain operations to maximise user returns while minimising manual intervention. These smart contracts are responsible for executing yield farming strategies, adjusting pool parameters based on market conditions, and managing users' funds efficiently  .

### What are the potential use cases for Harvest Finance?

Harvest Finance offers several potential use cases:
- **Yield Farming**: Users can engage in automated yield farming without in-depth knowledge or experience, with the protocol managing investments to maximise returns automatically .
- **Governance**: Holding FARM tokens allows users to participate in governance decisions on protocol changes and profit-sharing mechanisms .
- **Community-Driven Finance**: With features that enhance accessibility to both novice and experienced users, Harvest Finance provides a platform for collective investment and profit-sharing .

### What is the history of Harvest Finance?

Harvest Finance was announced in July 2020 and launched in September 2020. It quickly gained traction, integrating with other DeFi protocols like Yearn.Finance by December 2020 and expanding cross-chain operations to platforms like Polkadot. By January 2021, the protocol had over $1 billion in value locked, making it one of the popular DeFi protocols on Ethereum. Harvest Finance has continued evolving with new vaults, strategies, and cross-chain expansions .

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