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Reaper.Farm is an auto-compounding yield farm that maximizes users’ yields by automating the power of compound interest.
It does so by offering “Vaults”. Vaults are automated financial strategies, where a user can deposit assets that would otherwise earn yield elsewhere. These vaults redirect the user’s funds to the original source of yield. Reaper Harvest-Bots automatically harvest emissions when profitable, and compound them back into the vault on behalf of the user. The user can then sit back and relax while their position grows, and can withdraw their funds at any time.
The purpose of this documentation is to teach you everything you need to know about Reaper Farm in order to safely use the protocol. If you have never used DeFi before or are not confident with basic crypto wallet principles, you can find loads of helpful articles on the Blockbytes website. If ever in doubt, please reach out to our team and we will gladly direct you to additional educational content. We love helping users.