AutoShark Overview
AutoShark Finance is a DeFi platform on BNB Chain launched in 2021. It blends auto-compounding vaults, a smart swap aggregator and SHARK staking, giving crypto yield farmers an easy passive tool to grow LP rewards without micromanagement.
What makes AutoShark stand out
- Auto-compounding vaults: Deposit LP tokens and let the contracts reinvest rewards continually, boosting yields over manual farming.
- Smart swap routing: The aggregator checks multiple DEXs to find better swap prices, saving you on trade slippage.
- SHARK token: Stake it to claim a share of platform fees and steer governance votes on upgrades or new vaults.
- Non-custodial: No accounts or KYC - you connect MetaMask or Trust Wallet and remain in full control of your assets.
Highlights & trade-offs
- Highlights: Automated yield compounding, extra efficiency via smarter swaps, passive income from SHARK staking, plus simple wallet-only access.
- Trade-offs: Only on BNB Chain, no fiat options, standard contract risks with partial audits, and fewer vaults than mega aggregators.
User experience & tools
Connect your wallet, pick a vault and deposit LP tokens. The platform compounds your yields automatically, while the swap aggregator finds optimal trade routes. Staking SHARK nets you fee shares and voting rights. Everything stays on-chain and self-custodied, so security is fully in your hands.
Markets & liquidity
Vaults revolve around BNB-heavy LP pairs like BNB-BUSD. Liquidity is solid for passive earners, but there’s no multi-chain or margin ecosystem here.
Who should use AutoShark?
- Best for: BNB Chain users wanting a hands-off way to farm, compound and earn from staking without jumping protocols manually.
Not for fiat traders, cross-chain players or those seeking high-end DeFi portfolio rebalancing.
How to get started
- Connect MetaMask or Trust Wallet on BNB Chain.
- Pick a vault and deposit LP tokens.
- Stake SHARK to earn fee rewards and vote on proposals.
Final thoughts
AutoShark wraps vaults, smart swap paths and SHARK staking into a tidy toolkit for BNB Chain yield farmers. It’s a straightforward way to automate compounding and pocket extra passive returns - just balance it with other platforms and stay aware of typical DeFi risks.