Auto (AUTO) is the native utility and governance token of the Autofarm protocol, a cross-chain yield aggregator that launched in December 2020 on the Binance Smart Chain (BSC). The protocol enables users to optimize potential compensation on their assets from yield farming pools by staking in Autofarm vaults. The AUTO token is used for voting on proposals and receives fees earned from the protocol. The Autofarm protocol aims to streamline the user experience by incorporating yield optimization and AMM aggregation into a single product, eliminating the need to register on multiple protocols.

Auto operates through two main products: Vaults and AutoSwap. Vaults is a yield farming platform that compounds yields at optimal intervals, providing yield optimization strategies. It benefits users by socializing gas costs and automating the yield generation and compounding process. AutoSwap, on the other hand, is a DEX aggregator that provides users with competitive prices for their DEX trades. It splits trades across multiple DEXes to ensure competitive price value and lowest slippage. Users do not need to be fully versed in the underlying protocols involved or DeFi, as Vaults represent a passive-investing strategy, aiming to increase the deposited assets of users.

Auto's primary use case is to optimize yields for users participating in yield farming. By staking their assets in Autofarm vaults, users may potentially receive higher compensation compared to traditional yield farming methods. The AUTO token also serves as a governance token, allowing holders to vote on proposals that shape the future of the Autofarm protocol. Additionally, AUTO token holders receive fees earned from the protocol, providing an additional compensation mechanism. The protocol's cross-chain capabilities also mean that it can support a wide range of assets, broadening its potential use cases.

Autofarm was launched in late December 2020 on the Binance Smart Chain (BSC) by a pseudonymous entity known only as @mildgiraffe. The protocol quickly gained traction, with the total value locked (TVL) increasing from $5 million to $537 million in less than two months, making Autofarm a player in the BSC ecosystem by April 2021. During this period, the value of AUTO also changed significantly. Autofarm expanded its ecosystem in March 2021 by acquiring Farmfol.io, an intelligent portfolio manager designed to simplify asset tracking on the Binance Smart Chain. The protocol also launched its first cross-chain vault on the Huobi ECO Chain in February 2021.

Actualizamos nuestro Auto a la moneda USD en tiempo real. Consulta el precio de Auto en tiempo real en Coinbase.

La capitalización de mercado actual de Auto es 166,036 mil US$. Una capitalización de mercado alta implica que el activo es muy valorado por el mercado.

El máximo histórico de Auto es 8417,12 US$. Este máximo histórico es el precio más alto pagado por Auto desde su lanzamiento.

Durante las últimas 24 horas, el volumen de operaciones de Auto es de 108,097 US$.

Los activos que tienen una capitalización de mercado similar a Auto incluyen Mystery, Mindfak By Matt Furie, Dolos The Bully y muchos otros. Para ver una lista completa, consulte nuestros activos de capitalización de mercado comparables.

La oferta circulante actual de Auto es de 77 mil.