iFARM wallet

What is iFARM (IFARM)?

iFARM and FARM are not the same token, and that is the first thing to get straight. FARM is Harvest's own token; iFARM is the receipt you hold after depositing FARM into Harvest's revenue sharing pool. It is redeemable for FARM at a rate that climbs as the pool takes in its share of protocol revenue, which means the interesting number is the conversion rate, not the quantity sitting in your wallet.

So the balance looks frozen. It is supposed to. Nothing is minted into the wallet, nothing is claimed, no transaction is needed to keep the position alive; the only actions that ever touch it are depositing, moving it, and redeeming.

The token appears on several chains, with Ethereum as the home of the revenue sharing contract and the copies elsewhere existing as bridged representations. Balances on different chains do not merge, and the redemption side of things is tied to where the position was actually opened.

Supported networks in Tangem (4): Arbitrum One, Base, Ethereum, Polygon POS. Each of those is tracked as its own balance in the app, and the chain a transfer leaves on is named on screen before the card is tapped, so you get one clear look at it while it still matters. Given that iFARM mostly just sits there between a deposit and a redemption years apart, a card that reads the balance and otherwise stays out of the way fits the token's rhythm.