[ENG] Week 34 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/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

https://twitter.com/harvest_finance/status/1384600304805507074

🎭 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

https://twitter.com/harvest_finance/status/1384602181668544512

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

https://twitter.com/harvest_finance/status/1384604398911848452

Weekly $FARM Emissions

https://twitter.com/harvest_finance/status/1384604886877147145

(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

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Yogafire

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