Auto is a yield farming aggregator on the Binance Smart Chain, designed to help users optimize their mining rewards across various dApps in DeFi.
The project comprises the following key components:
AutoFarm Vaults: AutoFarm Vaults is a platform for optimizing mining rewards, providing DeFi users with auto-compounding yields at theoretically optimal intervals while reducing fee costs through smart contracts and yield optimization strategies.
AutoSwap: AutoSwap is a DEX aggregator that offers users the best prices for their DEX trades. By splitting and routing transactions across multiple DEXs, AutoSwap ensures the best price and lowest slippage.
AUTO is the BEP-20 native functional token of Auto, utilized in the following ways:
Network Governance: AUTO token holders can participate in network governance decisions.
Platform Fees: A portion of the fees from each Earn() contract call is used to buy back and burn AUTO tokens.
Staking Rewards: Users can earn rewards by staking AUTO tokens.