[ENG] Week 28 update

This post is a consolidated and/or Translated version of the weekly update of Harvest Finance twitter that could be found in the following link: https://twitter.com/harvest_finance/status/1369425283502272514

🏦 Stimulating Strategies

When the US Government prints a few trillion, we instead mint some fresh new strategies and bring in organic cash flow to our users. This week it’s mSTONKS with $NTFLX and $TWTR leading the way at ~200% APYs

https://twitter.com/harvest_finance/status/1369425283502272514

💪 Publisher Powerhouse

The creators over at @publish0xD for the past couple months have been producing A+ quality content, demonstrating the value of Harvest Finance. Follow their twitter feed so you never miss out on their smoldering hot takes!

🧑‍🏫 ReImagine 2021

A key focus at Harvest is ease of use for every crypto user and we recently spoke at @REIMAGINE_2021 to help educate the mainstream masses. Click the link to watch the replay and let us know where you think we should appear next

https://pscp.tv/REIMAGINE_2020/1dRKZNnWpzdKB?t=14h51m14s

🤵‍♂️ Dashboard Debonair

Tall, Dark and Dashing, this community dev built dashboard got a makeover and will satisfy the heart of any Harvest depositor. Simply dial https://farmdashboard.xyz to get connected

https://twitter.com/harvest_finance/status/1369426132555153412

📊 Week 28 Emissions are Below!

https://twitter.com/harvest_finance/status/1369426566296526869

See you next week!

(Editor Yogafire’s note: Details of weekly emission could be found at the appendix of this post)

Disclaimer: Consolidation and translations are prepared by Harvest Finance community members and not by Harvest Finance officially. While any reasonable efforts are made to provide accuracy, some portions may be incorrect. No liability is assumed by Harvest Finance for any errors, omissions, or ambiguities in the consolidation and/or translation provided on this webpage. Any person or entity that relies on consolidated and/or translated content does so at their own risk. Harvest Finance shall not be liable for any losses caused by reliance on the accuracy, reliability, or timeliness of consolidated and/or translated information.

This appendix is written by Yogafire, a harvest moderator for people who are curious of weekly emission details.

📉 $FARM emission in week 28 is further reduced by 4.44% from last week’s emission of 8661.55. This is part of the emissions cut community vote where 99.12% of the votes approved this decreasing emissions plan. After ensuring sufficient emission to bootstrap critical liquidity and incentivize capital providers, additional emission provides diminishing returns to Harvest.

This week:

5764.58 $FARM (70.15% of week 28) will be distributed to capital and liquidity providers as follows:

🎉 230.58 $FARM (2.79% of week 28) to stablecoin deposits into Harvest yield farming:

  • 175.27 $FARM for USDC pool
  • 23.00 $FARM for USDT pool
  • 32.31 $FARM for DAI pool
  • 0 $FARM for TUSD pool

🚀 400.06 $FARM (4.83% of week 28) to Curve deposits into Harvest yield farming:

  • 40.35 $FARM for YCRV pool
  • 40.35 $FARM for 3CRV pool
  • 190.231 $FARM for CRV-USDN pool
  • 69.17 $FARM for CRV-BUSD pool
  • 40.35 $FARM for CRV-COMPOUND pool
  • 5.76 $FARM for CRV-HUSD pool
  • 4.04 $FARM for CRV-EURS pool
  • 0 $FARM for CRV-UST pool
  • 0 $FARM for CRV-AAVE pool
  • 0 $FARM for CRV-GUSD pool
  • 9.80 $FARM for CRV-LINK pool

₿ 93.39 $FARM (1.13% of week 28) to BTC deposits into Harvest yield farming:

  • 0 $FARM for renBTC pool
  • 4.04 $FARM for wBTC pool
  • 57.65 $FARM for CRV:renwBTC pool
  • 0 $FARM for CRV:TBTC pool
  • 17.29 $FARM for CRV:HBTC pool
  • 14.41 $FARM for CRV-OBTC pool

🤑 129.70 $FARM (1.57% of week 28) to WETH deposits into Harvest yield farming:

  • 86.47 $FARM for WETH pool
  • 43.23 $FARM for CRV:STETH pool

🍣 224.82 $FARM (2.72% of week 28) to SUSHI deposits into Harvest yield farming:

  • 51.88 $FARM for ETH-DAI pool
  • 23.06 $FARM for ETH-WBTC pool
  • 86.47 $FARM for ETH-USDT pool
  • 51.88 $FARM for ETH-USDC pool
  • 11.53 $FARM for SUSHI-ETH pool
  • 0 $FARM for ETH-UST pool
  • 0 $FARM for WBTC-TBTC pool

🎠 446.75 $FARM (5.40% of week 28) to 1INCH deposits into Harvest yield farming:

  • 100.88 $FARM for 1INCH:ETH-DAI pool
  • 100.88 $FARM for 1INCH:ETH-USDC pool
  • 100.88 $FARM for 1INCH:ETH-USDT pool
  • 126.82 $FARM for 1INCH:ETH-WBTC pool
  • 17.29 $FARM for 1INCH:ETH-1INCH pool

📊 17.29 $FARM (0.21% of week 28) to ETH-DPI UNI stakers into Harvest yield farming

👴 63.41 $FARM (0.77% of week 28) to Seigniorage deposits into Harvest yield farming

  • 0 $FARM for MIC-USDT pool
  • 0 $FARM for MIS-USDT pool
  • 46.12 $FARM for BAC-DAI pool
  • 17.29 $FARM for BAS-DAI pool
  • 0 $FARM for DAI-BSG pool
  • 0 $FARM for DAI-BSGS pool

📈 48.42 $FARM (0.59% of week 28) to MStonks deposits into Harvest yield farming

  • 8.07 $FARM for mGOOG pool
  • 8.07 $FARM for mAAPL pool
  • 8.07 $FARM for mTSLA pool
  • 8.07 $FARM for mAMZN pool
  • 8.07 $FARM for mNFLX pool
  • 8.07 $FARM for mTWTR pool

👨‍🌾 864.69 $FARM (10.45% of week 28) to $FARM stakers in the profit share.

🚜 57.65 $FARM (0.70% of week 28) to $FARM liquidity providers in the Uniswap WETH/FARM

🌾 41.38 $FARM (0.5% of week 28) to GRAIN

  • 12.41 $FARM for FARM-GRAIN pool
  • 28.97 $FARM for GRAIN buyback Bot

🏦 3187.81 (38.52% of week 28) $FARM is set aside as a strategic reserve for future usage. It can be used for further incentivization opportunities e.g. market-making GRAIN, for incentivizing LPs, for combining into FARM/X LP positions later, or burning.

The strategic reserve address is: 0x19762b3b0Fe9b4d4Bd16eFA242CD1f3bCD5fa57C

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Yogafire

Crypto & DeFi Enthusiast; Moderator for Harvest Finance; 하베스트 파이낸스 커뮤니티매니저