[ENG] Week 29 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/1372026621000056834

🎉 Week 29 Update is Here!

🚜 Harvest Happenings

  • Fresh stimmy is coming down the pike!
  • BSC integration — Under Construction 🚧
  • Sushi HODL vaults — Installed ✔️
  • More use cases for iFARM @apwinefinance @0xPolygon 💰
  • Collabs with exciting projects @babylonfinance 🤝

🖼 MUSEum of NFTs

APYs so beautiful they should be displayed for all to see, kind of like that #Mooncat you rescued! When #BarnCat? 🐈

https://twitter.com/harvest_finance/status/1372026852764749824

❄️ SnowSwap

Want to hop pools but a blizzard of gas fees stand in your way? Our friends at SnowSwap allow you to trade between fAssets, drastically lowering your cost and ease of swapping into another pool.

👮‍♀️ Scammer Alert

Scams are occurring weekly in yield farming and we want to remind all humble farmers to be safe and diligent when entering any new farm. Also a reminder that any $FARM Telegram airdrops are a SCAM!!

https://twitter.com/harvest_finance/status/1372027295439945737

Week 29 Rewards are Below👇 See you next week!

https://twitter.com/harvest_finance/status/1372028118978953216

(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 29 is further reduced by 4.44% from last week’s emission of 8276.49. 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:

5508.31 $FARM (70.15% of week 29) will be distributed to capital and liquidity providers as follows:

🤑 123.94 $FARM (1.57% of week 29) to WETH deposits into Harvest yield farming:

  • 82.62 $FARM for WETH pool
  • 41.31 $FARM for CRV:STETH pool

🎉 220.33 $FARM (2.79% of week 29) to stablecoin deposits into Harvest yield farming:

  • 155.87 $FARM for USDC pool
  • 25.46 $FARM for USDT pool
  • 39.00 $FARM for DAI pool
  • 0 $FARM for TUSD pool

🚀 353.08 $FARM (4.46% of week 29) to Curve deposits into Harvest yield farming:

  • 35.80 $FARM for YCRV pool
  • 35.80 $FARM for 3CRV pool
  • 181.77 $FARM for CRV-USDN pool
  • 55.08 $FARM for CRV-BUSD pool
  • 27.54 $FARM for CRV-COMPOUND pool
  • 4.96 $FARM for CRV-HUSD pool
  • 3.86 $FARM for CRV-EURS pool
  • 0 $FARM for CRV-UST pool
  • 0 $FARM for CRV-AAVE pool
  • 0 $FARM for CRV-GUSD pool
  • 8.26 $FARM for CRV-LINK pool

₿ 95.29 $FARM (1.20% of week 29) to BTC deposits into Harvest yield farming:

  • 3.31 $FARM for wBTC pool
  • 0 $FARM for renBTC pool
  • 55.08 $FARM for CRV:renwBTC pool
  • 0 $FARM for CRV:TBTC pool
  • 22.03 $FARM for CRV:HBTC pool
  • 14.87 $FARM for CRV-OBTC pool

🎠 0 $FARM (0% of week 29) to 1INCH deposits into Harvest yield farming:

  • 0 $FARM for 1INCH:ETH-DAI pool
  • 0 $FARM for 1INCH:ETH-USDC pool
  • 0 $FARM for 1INCH:ETH-USDT pool
  • 0 $FARM for 1INCH:ETH-WBTC pool
  • 0 $FARM for 1INCH:ETH-1INCH pool

🍣 222.54 $FARM (2.81% of week 29) to SUSHI deposits into Harvest yield farming:

  • 49.57 $FARM for ETH-DAI pool
  • 22.03 $FARM for ETH-WBTC pool
  • 82.62 $FARM for ETH-USDT pool
  • 49.57 $FARM for ETH-USDC pool
  • 11.02 $FARM for SUSHI-ETH pool
  • 7.71 $FARM for ETH-UST pool
  • 0 $FARM for WBTC-TBTC pool

🍣 38.56 $FARM (0.49% of week 29) to SUSHI HODL deposits into Harvest yield farming:

  • 7.71 $FARM for ETH-DAI pool
  • 7.71$FARM for ETH-WBTC pool
  • 7.71$FARM for ETH-USDT pool
  • 7.71$FARM for ETH-USDC pool
  • 7.71$FARM for SUSHI pool

📊 16.52 $FARM (0.21% of week 29) to ETH-DPI UNI stakers into Harvest yield farming

👴 56.74 $FARM (0.72% of week 29) to Seigniorage deposits into Harvest yield farming

  • 0 $FARM for MIC-USDT pool
  • 0 $FARM for MIS-USDT pool
  • 41.31 $FARM for BAC-DAI pool
  • 15.42 $FARM for BAS-DAI pool
  • 0 $FARM for DAI-BSG pool
  • 0 $FARM for DAI-BSGS pool

📈 46.27 $FARM (0.59% of week 29) to MStonks deposits into Harvest yield farming

  • 7.71 $FARM for mGOOG pool
  • 7.71 $FARM for mAAPL pool
  • 7.71 $FARM for mTSLA pool
  • 7.71 $FARM for mAMZN pool
  • 7.71 $FARM for mNFLX pool
  • 7.71 $FARM for mTWTR pool

🖼 30.85 $FARM (0.39% of week 29) to MUSE deposits into Harvest yield farming

  • 7.71 $FARM for MUSE-ETH pool
  • 7.71 $FARM for DUDES20-ETH pool
  • 7.71 $FARM for MASK20-ETH pool
  • 7.71 $FARM for ROPE20-ETH pool

👨‍🌾 826.25 $FARM (10.45% of week 29) to $FARM stakers in the profit share.

🚜 55.08 $FARM (0.70% of week 29) to $FARM liquidity providers in the Uniswap WETH/FARM

🌾 39.54 $FARM (0.5% of week 29) to GRAIN

  • 11.86 $FARM for FARM-GRAIN pool
  • 27.68 $FARM for GRAIN buyback Bot

🏦 3422.68 (43.28% of week 29) $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