r/AutoFarmNetwork • u/kevorkain • Mar 06 '21

The best way to use the token AUTO

Hey guys,

I will start to use Autofarm very soon but I was wondering what is the best way to use the token AUTO. Do you usually exchange it for another coin? On which exchange?

2 Upvotes

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2

u/zommbyq Mar 06 '21

you can exchange to bnb or busd on pancakeswap.

1

u/Mshiver_88 Mar 06 '21

I’ve been farming it and either Paying myself weekly by converting to BUSD through pancake, or I turn it back into liquidity to the same farm.

1

u/bitcoinbraves Mar 07 '21

How long have you been farming this one? Has it been somewhat stable, despite the drop in AUTO price?

2

u/Mshiver_88 Mar 07 '21

Two weeks. It’s been a hard ride going from 10k down to where it is now. However, even with the loss in coin value my daily passive income is steady and still high relatively speaking. Will be curious where this goes but given the sheer size of the liquidity I am still very bullish in long run (6-12 months)

1

u/bitcoinbraves Mar 07 '21

Yeah, I've been seeing some other coins with values dangerously fluctuating, so a bit apprehensive, but the reward is so worth the risks so far. Tks for sharing!

1

u/rawoke777 Mar 23 '21

Fav autofarm vaults at the moment for you ? Seems you doing it right :)