What is Auto?

AutoFarm is a yield farming aggregator operating on Binance Smart Chain (BSC) and Huobi ECO chain (HECO). Its native governance token, AUTO, is used for proposal voting and is allocated fees earned from the protocol.

Auto started with no pre-mine or pre-sale. AUTO was minted linearly beginning 15 December 2020 and planned to end around October 2021, at approximately 0.008 AUTO per block. Only vault users were able to mine AUTO. Vault fees were used for market buy-backs of AUTO and the purchased tokens were burned permanently.