What Is Farmfol.io and How Does It Work?

farmfol.io is an intelligent portfolio manager that allows users to easily monitor Binance Smart Chain assets on a number of protocols including autofarm, PancakeBunny and PancakeSwap. The project aims to offer users high-quality tracking services in DeFi and yield farming with total wallet balance, staked tokens, and liquidity rewards, among the many metrics which are tracked automatically.

By
Robert D. Knight
on
April 20, 2021
Category:
BSC News

Farmfol.io has witnessed exponential growth since its launch in mid-February of this year. Incredibly the product began life as a weekend project for Maxime Janton, aka iam4x, created in response to what he saw as a gap in the existing market. Janton was a self-declared fan of the tracking capabilities of yieldwatch but believed he could add his own unique spin on the concept by leveraging Timescale database technology. The result of his labour was a powerful yield farm tracker which swiftly won over considerable numbers of users. At time of press, the DApp is now tracking over $1 billion in assets across a multitude of platforms. 

The Dashboard

The farmfol.io dashboard was developed with Hasura instant realtime GraphQL APIs in conjunction with the next.js React framework. Chief programmer and designer Maxime Janton alsoe used Tailwind and Recharts to create the final UI/UX design. The result of his effort is a slick, intuitive, and easily comprehensible dashboard, presented in an easy-on-the-eye navy blue. farmfol.io is clearly designed for fans of dark mode, with no light option available. Perhaps in subsequent iterations of the DApp such an option will be made available.

Three buttons at the top of the page allow the user to toggle the charts to time periods of either a day, a week or a month.

The farmfol.io overview screen

Further down the page farmfol.io displays assets broken down by the protocol on which they’re hosted. Below is an example of CAKE and BUNNY on PancakeBunny.

The PancakeBunny overview screen

It is also possible to select from a variety of chart views, with the options varying depending on the capabilities of the protocol itself. In the PancakeBunny example above nine views are possible including “Staked in USD”, “Staked in Token” and “Price” - which come pretty much as standard on all protocol views. The PancakeBunny charts add more intriguing views such as “$Cake Rewards”, “$Bunny Rewards” and “TVL”.

The only slight drawback of the UI/UX is that to change the time period displayed in the protocol level charts you have to scroll back to the top of the page to where the time buttons are located. It would be more convenient to add granular time controls to each individual protocol/section so the user could avoid scrolling up and down the page when changing view.

Corporate Buy In

The success of farmfol.io encouraged Autofarm to buy the company outright in March. While farmfol.io will continue to support and provide data on other protocols, the acquisition affords Autofarm the opportunity to fully integrate farmfol.io into their platform as their native portfolio manager. While farmfol.io users must pay for the service when using it on other protocols ($10), on Autofarm the DApp’s powerful tracking features come absolutely free. Autofarm also intends to continue rolling out new features, both for their integrated autofarm tracker and the standalone DApp too.

There is little doubt that only two months from its launch as the weekend hobby project of just one individual, farmfol.io makes a good impression as to its future. farmfol.io is already a slick package of powerful tools for monitoring token assets and yields. What it could become with further support is promising, making the portfolio manager an appealing choice for future investors. With support for Binance Dex, Autofarm, Venus, PancakeBunny, MDEX, Beefy and PancakeSwap there are plenty of reasons for BSC users to give farmfol.io a try.

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Robert D. Knight

Robert D. Knight is an experienced journalist and copywriter who has been working in crypto for 4+ years. His bags are heavy and he also hodls some cryptocurrency.