[ENG] Week 31 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/1376992923061907456

🐣 Spring fresh produce!

The Harvest Week 31 Update is here and the bounty is overflowing with @binancechain $BSC news, #MoonCats and more!!! (1/X…)

https://twitter.com/harvest_finance/status/1376992923061907456

$BSC Blastoff 🚀

The checks are final, The countdown is ticking, So ripe is that $BSC yield, it’s ready for the picking. So rally up farmers, it’s nearly time for the show Tractors go brrrr where the juicy yields grow $FARM $CAKE $BNB $ETH $VAI $XVS $VENUS

https://twitter.com/harvest_finance/status/1376992926299910145

🐈 Feline Frenzy

The cryptoverse went wild rescuing these virtual kitties, and now with the the open fields of Harvest Finance, your #Mooncats can pounce on 475% APYs farming $MUSE

https://twitter.com/harvest_finance/status/1376992927898071043

🌾 Bountiful Basket

Thanks to our CM @JB87crypto building a relationship with @DRCToken and @88MPHapp, the community at $DRC voted in a new asset basket containing $FARM $MPH $ETH. Check out their website at https://drcglobal.org for more information about the project

https://drcglobal.org/

🏗 $KLON Migration

Automation and efficiency is what we pride ourselves on, and with the rollout of $KLONIX, we made sure all $KLON $KBTC $WBTC strategies were updated and deployed without any interaction need from farmers

https://twitter.com/harvest_finance/status/1376992933027536896

🎭 Creative $CASH

If you missed the news, we are giving away $1500 in $iFARM to 1st place of the Creativity Contest, and paying out all through the top 20! Score some sweet rewards that are already earning more $$ through automated compounding.

Week 31 Emissions

$FARM $iFARM

https://twitter.com/harvest_finance/status/1376992936416579584

(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 31 is further reduced by 4.44% from last week’s emission of 7,556.97. 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:

5,029.43 $FARM (70.15% of week 31) will be distributed to capital and liquidity providers as follows:

🤑 113.16 $FARM (1.57% of week 31) to WETH deposits into Harvest yield farming:

  • 75.44 $FARM for WETH pool
  • 37.72 $FARM for CRV:STETH pool

🎉 186.09 $FARM (2.58% of week 31) to stablecoin deposits into Harvest yield farming:

  • 134.22 $FARM for USDC pool
  • 23.44 $FARM for USDT pool
  • 28.43 $FARM for DAI pool
  • 0 $FARM for TUSD pool

🚀 253.99 $FARM (3.52% of week 31) to Curve deposits into Harvest yield farming:

  • 25.15 $FARM for YCRV pool
  • 30.18 $FARM for 3CRV pool
  • 110.65 $FARM for CRV-USDN pool
  • 35.21 $FARM for CRV-BUSD pool
  • 22.13 $FARM for CRV-COMPOUND pool
  • 4.53 $FARM for CRV-HUSD pool
  • 3.02 $FARM for CRV-EURS pool
  • 3.52 $FARM for CRV-UST pool
  • 3.52 $FARM for CRV-GUSD pool
  • 7.04 $FARM for CRV-USDP pool
  • 9.03 $FARM for CRV-LINK pool
  • 0 $FARM for CRV-AAVE pool

₿ 84.49 $FARM (1.17% of week 31) to BTC deposits into Harvest yield farming:

  • 2.51 $FARM for wBTC pool
  • 0 $FARM for renBTC pool
  • 50.29 $FARM for CRV:renwBTC pool
  • 0 $FARM for CRV:TBTC pool
  • 15.09 $FARM for CRV:HBTC pool
  • 16.60 $FARM for CRV-OBTC pool

🎠 53.31 $FARM (0.74% of week 31) 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
  • 19.11 $FARM for 1INCH:ETH-1INCH pool
  • 19.11 $FARM for 1INCH:USDC-1INCH pool
  • 15.09 $FARM for 1INCH:WBTC-1INCH pool

🍣 196.15 $FARM (2.72% of week 31) to SUSHI deposits into Harvest yield farming:

  • 45.26 $FARM for ETH-DAI pool
  • 20.12 $FARM for ETH-WBTC pool
  • 75.44 $FARM for ETH-USDT pool
  • 42.75 $FARM for ETH-USDC pool
  • 6.54 $FARM for SUSHI-ETH pool
  • 6.54 $FARM for ETH-UST pool
  • 0 $FARM for WBTC-TBTC pool

🍣 35.21 $FARM (0.49% of week 31) to SUSHI HODL deposits into Harvest yield farming:

  • 7.04 $FARM for ETH-DAI pool
  • 7.04 $FARM for ETH-WBTC pool
  • 7.04 $FARM for ETH-USDT pool
  • 7.04 $FARM for ETH-USDC pool
  • 7.04 $FARM for SUSHI pool

📊 15.09 $FARM (0.21% of week 31) to ETH-DPI UNI stakers into Harvest yield farming

👴 25.15 $FARM (0.35% of week 31) to Seigniorage deposits into Harvest yield farming

  • 0 $FARM for MIC-USDT pool
  • 0 $FARM for MIS-USDT pool
  • 17.60 $FARM for BAC-DAI pool
  • 7.54 $FARM for BAS-DAI pool
  • 0 $FARM for DAI-BSG pool
  • 0 $FARM for DAI-BSGS pool

📈 42.25 $FARM (0.59% of week 31) to MStonks deposits into Harvest yield farming

  • 7.04 $FARM for mGOOG pool
  • 7.04 $FARM for mAAPL pool
  • 7.04 $FARM for mTSLA pool
  • 7.04 $FARM for mAMZN pool
  • 7.04 $FARM for mNFLX pool
  • 7.04 $FARM for mTWTR pool

🖼 35.21 $FARM (0.49% of week 31) to MUSE deposits into Harvest yield farming

  • 7.04 $FARM for MUSE-ETH pool
  • 7.04 $FARM for DUDES20-ETH pool
  • 7.04 $FARM for MASK20-ETH pool
  • 7.04 $FARM for ROPE20-ETH pool
  • 7.04 $FARM for MCAT20-ETH pool

👨‍🌾 754.42 $FARM (10.45% of week 31) to $FARM stakers in the profit share.

🚜 50.29 $FARM (0.70% of week 31) to $FARM liquidity providers in the Uniswap WETH/FARM

🌾 36.11 $FARM (0.5% of week 31) to GRAIN

  • 10.83 $FARM for FARM-GRAIN pool
  • 25.27 $FARM for GRAIN buyback Bot

🏦 3,184.64 (44.10% of week 31) $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