Auto
AUTOProject Safety Score: 44%
Updated 1 day, 1 hour ago& Market
Credibility
Behavioral
Mechanics
Distribution
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.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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