Harvest Finance adds support for Polygon solution – Bits Media

Harvest Finance developers, one of the first protocols of "profitable farm" Defi, The application tools in the second level of the Etheregon Etheregon network are unfolding.

According to the statement
Polygon developers, Harvest Finance pharmination tools were deployed using Network smart contracts. High capacity and low commissions in the second -level network of Polygon will increase the efficiency of "profitable farming" for Harvest Finance users.

In general, more and more Defi protocols use a second -level network network. This week, the Tidal Finance decentralized insurance protocol was also launched
Polygon.

1/2 @harvest_finance is now live on Polygon!

With Polygon integration, Harvest, a yield farming aggregator introduces a new set of strategies to minimize fees and maximize yields.

Learn more: https://t.co/TxgjLSgPyW pic.twitter.com/XtAgfygzeZ

— Polygon (@0xPolygon) July 27, 2021

Initially, Harvest Finance used the smart contracts of the Ethereum itself. However, due to the growth of transaction commissions this year, some projects of pharmaceuticals became unprofitable. High commissions especially influenced Defi applications users, previously not having experience with complex protocols. As the developers say, Polygon partnership will reduce the barrier to enter the Defi Industry for beginners.

In addition to expanding the capabilities of current strategies using more advanced technical tools, Harvest Finance plans to launch new projects of profitable farming. New pharying tools, First of all, storage facilities for different tokens, will be launched with a significantly lower commission compared to previous projects on the Ethereum.

Recall, that last year hackers attacked
Harvest Finance Protocol and were able to bring crypto assets to $25 million. The developers of the protocol launched
User loss compensation program.