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/1384600304805507074
Week 34 says “Bring me more!”
so lets kick this weekly update off with the tractors 🚜 in beast mode bringing pumped up $SPACE APYs 🚀 and new $ICE $BNB strats
🎭 Creativity Counts here on the farmlands
and our community members brought their A game as we awarded $13,000 in $FARM prizes! Check out the below reveal for these amazing pieces including the 1st place #NFT by @mooonrockets
Want some more #Community flex 💪?
Harvest has agreed to match @UMAprotocol $1000 of uTVL tokens with $FARM to pay out to the helpful community member(s) who will author the two “umips” required to launch iFarm Yield Dollars on $UMA
Irrigating the fertile soils is key to a flourishing crop
that is why it was critical to partner with a high quality @BinanceChain project like @value_defi especially now with over 35 strategies $BNB @cz_binance
Listing alert! 🚨
The community has spoken and $FARM is coming to @perpprotocol one of the very first #Councilof69 investments made by Harvest Finance
Weekly $FARM Emissions
(Editor Yogafire’s note: Details of weekly emission could be found at the appendix of this post)
This appendix is written by Yogafire, a harvest moderator for people who are curious of weekly emission details.
📉 $FARM emission in week 34 is further reduced by 4.44% from last week’s emission of 6,593.25. 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:
4,388.04 $FARM (70.15% of week 34) will be distributed to capital and liquidity providers as follows:
🤑 98.73 $FARM (1.57% of week 34) to WETH deposits into Harvest yield farming:
- 65.82 $FARM for WETH pool
- 32.91 $FARM for CRV:STETH pool
🎉 162.36 $FARM (2.58% of week 34) to stablecoin deposits into Harvest yield farming:
- 113.26 $FARM for USDC pool
- 18.27 $FARM for USDT pool
- 30.83 $FARM for DAI pool
- 0 $FARM for TUSD pool
🚀 191.32 $FARM (3.04% of week 34) to Curve deposits into Harvest yield farming:
- 13.16 $FARM for YCRV pool
- 24.57 $FARM for 3CRV pool
- 92.15 $FARM for CRV-USDN pool
- 21.94 $FARM for CRV-BUSD pool
- 16.24 $FARM for CRV-COMPOUND pool
- 3.95 $FARM for CRV-HUSD pool
- 2.63 $FARM for CRV-EURS pool
- 2.63 $FARM for CRV-UST pool
- 2.63 $FARM for CRV-GUSD pool
- 3.51 $FARM for CRV-USDP pool
- 7.90 $FARM for CRV-LINK pool
- 0 $FARM for CRV-AAVE pool
₿ 80.30 $FARM (1.27% of week 34) to BTC deposits into Harvest yield farming:
- 2.19 $FARM for wBTC pool
- 0 $FARM for renBTC pool
- 48.27 $FARM for CRV:renwBTC pool
- 0 $FARM for CRV:TBTC pool
- 13.16 $FARM for CRV:HBTC pool
- 16.67 $FARM for CRV-OBTC pool
🎠 46.51 $FARM (0.74% of week 34) 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
- 16.67 $FARM for 1INCH:ETH-1INCH pool
- 16.67 $FARM for 1INCH:USDC-1INCH pool
- 13.16 $FARM for 1INCH:WBTC-1INCH pool
🍣 171.13 $FARM (2.72% of week 34) to SUSHI deposits into Harvest yield farming:
- 39.49 $FARM for ETH-DAI pool
- 17.55 $FARM for ETH-WBTC pool
- 65.82 $FARM for ETH-USDT pool
- 37.30 $FARM for ETH-USDC pool
- 5.70 $FARM for SUSHI-ETH pool
- 5.27 $FARM for ETH-UST pool
- 0 $FARM for WBTC-TBTC pool
🍣 30.72 $FARM (0.49% of week 34) to SUSHI HODL deposits into Harvest yield farming:
- 6.14 $FARM for ETH-DAI pool
- 6.14 $FARM for ETH-WBTC pool
- 6.14 $FARM for ETH-USDT pool
- 6.14 $FARM for ETH-USDC pool
- 6.14 $FARM for SUSHI pool
📊 12.29 $FARM (0.20% of week 34) to ETH-DPI UNI stakers into Harvest yield farming
👴 21.94 $FARM (0.35% of week 34) to Seigniorage deposits into Harvest yield farming
- 0 $FARM for MIC-USDT pool
- 0 $FARM for MIS-USDT pool
- 15.36 $FARM for BAC-DAI pool
- 6.58 $FARM for BAS-DAI pool
- 0 $FARM for DAI-BSG pool
- 0 $FARM for DAI-BSGS pool
📈 29.84 $FARM (0.59% of week 34) to MStonks deposits into Harvest yield farming
- 6.14 $FARM for mGOOG pool
- 6.14 $FARM for mAAPL pool
- 6.14 $FARM for mTSLA pool
- 6.14 $FARM for mAMZN pool
- 6.14 $FARM for mNFLX pool
- 6.14 $FARM for mTWTR pool
🖼 29.84 $FARM (0.47% of week 34) to MUSE deposits into Harvest yield farming
- 6.14 $FARM for MUSE-ETH pool
- 6.14 $FARM for DUDES20-ETH pool
- 5.70 $FARM for MASK20-ETH pool
- 6.14 $FARM for ROPE20-ETH pool
- 5.70 $FARM for MCAT20-ETH pool
🚜 500.00 $FARM (7.58% of week 34) to liquidity providers in BSC FARMs
- 20.00 $FARM for Venus pools each (10 pools)
- 23.33 $FARM for Pancake pools each (6 pools)
- 20.00 $FARM for Goose pools each (3 pools)
- 20.00 $FARM for bDollar pools (3 pools)
- 20.00 $FARM for 1INCH pools (2 pools)
👨🌾 658.21 $FARM (10.45% of week 34) to $FARM stakers in the profit share.
🚜 43.88 $FARM (0.70% of week 34) to $FARM liquidity providers in the Uniswap WETH/FARM
🌾 31.50 $FARM (0.5% of week 34) to GRAIN
- 9.45 $FARM for FARM-GRAIN pool
- 22.05 $FARM for GRAIN buyback Bot
🏦 2,304.16 (36.57% of week 34) $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
