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/1379547062232969222
🚨 Binance Chain $FARM Rewards are LIVE and so is the Week 32 update! 🚨
After a week of live $BSC farming and testing all systems we have now officially deployed $bFARM rewards to the @binanacechain boosting APYs to mouthwatering levels… $CAKE $EGG $sBDO
Rewards can then be staked to receive fees from over 75 total strategies $BSC $ETH 🚜
Highlights of farming with Harvest on @binancechain
- Reduced profit share fee from 30% to 8%
- Low transaction costs = More net Profit
- Constant influx of new farms with high yield opportunities
Eye Spy $DPI 👁
One of the most prestigious indexes in crypto, we are very excited to have been added to the @Defipulse $DPI allocation, and look forward to showing all holders the earning power of $FARM
UX Redux
To help our users more easily toggle between $BSC and $ETH farms, we tuned up the front page where you can now easily one click between chains without needing to connect your wallet. Let us know what you think or how we can continue improving your farming experience! 🧑🌾
Helping Hands 🤝
We source a lot of our amazing tool sets from our community of devs, and there is alway extra work around the $FARM that needs to be done. Stop by https://harvest.finance/work and our #dev channel in Discord chat to learn more!
Creative Commune 🎨
One week left until we give away $1500 in $iFARM to 1st place in the Creativity Contest, and also pay out more rewards all through the top 20! Score some sweet rewards that are already earning more $$ through automated compounding.
Stats for Week 31
- $950K in gas saved ⛽️
- 2158 FARM buybacks 🚜
- $1,7M Income generated 💰
Week 32 $ETH Pool Emissions
(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 32 is further reduced by 4.44% from last week’s emission of 7,221.01. 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:
4,805.84 $FARM (70.15% of week 32) will be distributed to capital and liquidity providers as follows:
🤑 108.13 $FARM (1.50% of week 32) to WETH deposits into Harvest yield farming:
- 72.09 $FARM for WETH pool
- 36.04 $FARM for CRV:STETH pool
🎉 177.82 $FARM (2.58% of week 32) to stablecoin deposits into Harvest yield farming:
- 108.40 $FARM for USDC pool
- 22.91 $FARM for USDT pool
- 46.51 $FARM for DAI pool
- 0 $FARM for TUSD pool
🚀 221.07 $FARM (3.20% of week 32) to Curve deposits into Harvest yield farming:
- 19.22 $FARM for YCRV pool
- 26.91 $FARM for 3CRV pool
- 100.91 $FARM for CRV-USDN pool
- 28.84 $FARM for CRV-BUSD pool
- 19.70 $FARM for CRV-COMPOUND pool
- 4.33 $FARM for CRV-HUSD pool
- 2.88 $FARM for CRV-EURS pool
- 2.88 $FARM for CRV-UST pool
- 2.88 $FARM for CRV-GUSD pool
- 3.84 $FARM for CRV-USDP pool
- 8.65 $FARM for CRV-LINK pool
- 0 $FARM for CRV-AAVE pool
₿ 87.95 $FARM (1.27% of week 32) to BTC deposits into Harvest yield farming:
- 2.40 $FARM for wBTC pool
- 0 $FARM for renBTC pool
- 52.86 $FARM for CRV:renwBTC pool
- 0 $FARM for CRV:TBTC pool
- 15.38 $FARM for CRV:HBTC pool
- 17.30 $FARM for CRV-OBTC pool
🎠 50.94 $FARM (0.74% of week 32) 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
- 18.26 $FARM for 1INCH:ETH-1INCH pool
- 18.26 $FARM for 1INCH:USDC-1INCH pool
- 14.42 $FARM for 1INCH:WBTC-1INCH pool
🍣 187.43 $FARM (2.72% of week 32) to SUSHI deposits into Harvest yield farming:
- 43.25 $FARM for ETH-DAI pool
- 19.22 $FARM for ETH-WBTC pool
- 72.09 $FARM for ETH-USDT pool
- 40.85 $FARM for ETH-USDC pool
- 6.25 $FARM for SUSHI-ETH pool
- 5.77 $FARM for ETH-UST pool
- 0 $FARM for WBTC-TBTC pool
🍣 33.64 $FARM (0.49% of week 32) to SUSHI HODL deposits into Harvest yield farming:
- 6.73 $FARM for ETH-DAI pool
- 6.73 $FARM for ETH-WBTC pool
- 6.73 $FARM for ETH-USDT pool
- 6.73 $FARM for ETH-USDC pool
- 6.73 $FARM for SUSHI pool
📊 14.42 $FARM (0.21% of week 32) to ETH-DPI UNI stakers into Harvest yield farming
👴 24.03 $FARM (0.35% of week 32) to Seigniorage deposits into Harvest yield farming
- 0 $FARM for MIC-USDT pool
- 0 $FARM for MIS-USDT pool
- 16.82 $FARM for BAC-DAI pool
- 7.21 $FARM for BAS-DAI pool
- 0 $FARM for DAI-BSG pool
- 0 $FARM for DAI-BSGS pool
📈 40.37 $FARM (0.59% of week 32) to MStonks deposits into Harvest yield farming
- 6.73 $FARM for mGOOG pool
- 6.73 $FARM for mAAPL pool
- 6.73 $FARM for mTSLA pool
- 6.73 $FARM for mAMZN pool
- 6.73 $FARM for mNFLX pool
- 6.73 $FARM for mTWTR pool
🖼 33.64 $FARM (0.49% of week 32) to MUSE deposits into Harvest yield farming
- 6.73 $FARM for MUSE-ETH pool
- 6.73 $FARM for DUDES20-ETH pool
- 6.73 $FARM for MASK20-ETH pool
- 6.73 $FARM for ROPE20-ETH pool
- 6.73 $FARM for MCAT20-ETH pool
👨🌾 720.88 $FARM (10.45% of week 32) to $FARM stakers in the profit share.
🚜 48.06 $FARM (0.70% of week 32) to $FARM liquidity providers in the Uniswap WETH/FARM
🌾 34.50 $FARM (0.5% of week 32) to GRAIN
- 10.35 $FARM for FARM-GRAIN pool
- 24.15 $FARM for GRAIN buyback Bot
🚜 500.00 $FARM (7.25% of week 32) to liquidity providers in New BSC FARM (details will be announced later)
🏦 2,577.67 (37.07% of week 32) $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
