$FARM is the cashflow and governance token of Harvest.
A key innovation of the
$FARM token is that it entitles holders to a performance fee (currently 30%) taken from Harvest’s yield farming strategies.
While each strategy may farm different assets, the perfomance 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 a consistant buy pressure as a result.