The Phuture Liquidity Incentives are now Live as Phuture Launches Liquidity Incentives on Harvest Finance!
To provide liquidity incentives to select SushiSwap pools, Phuture has announced another great collaboration with Harvest Finance. These pools being ETH/PHTR & FARM/PHTR. Phuture and Harvest have committed to providing a minimum APR of 60% via a combination of FARM and PHTR rewards.
Due to this, liquidity providers will earn 0.25% of all trades on both the FARM/PHTR and ETH/PHTR pairs proportional to their liquidity shares. Fees are added to the pool, accrued in real-time, and can be claimed by simply withdrawing liquidity.
Harvest Finance Operation
Harvest Finance conducts lending, staking, and liquidity mining programs.
They reduce network fees (gas) per user and improve annual returns through auto compounding mechanisms by collecting tokens from users and staking on their behalf.
Harvest Finance harvests the reward tokens on behalf of users and exchanges them for more of the underlying assets that users deposited. This aids users to save both their time and the fees needed to make multiple transactions.
The ETH/PHTR pool provides an opportunity for people who are naturally long ETH and PHTR to deposit liquidity, earn rewards and still participate in the upside of both tokens.
The first liquidity pool Harvest has done in collaboration with another project is the FARM/PHTR pool. Phutures will be working more with to aid users benefit greatly from a native liquidity pool.
Harvest Finance is a yield farming protocol that lets users put their assets to work in high-producing farming opportunities.
Phuture is a decentralized protocol built for the creation and investment of token-based passive investment strategies in a Web3 environment. Phuture introduces an open design philosophy for creating passive investment strategies, providing the tools for users to create new indices or invest in existing ones created by the community.
Join the community and be a part of the Phuture of indexing!