[ENG] Week 35 update

Yogafire
5 min readApr 29, 2021

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/1387183118298218504

🧑‍🌾 Its time for the Week 35 update! 📰

How about a new strategy with our first Council of 69 collaboration @perpprotocol $PERP! This one gets you more $SUSHI and soon $FARM for an APY eruption 🐡🚜🌋

https://twitter.com/harvest_finance/status/1387183118298218504

Lift off incoming with @liftdao + Harvest! Don’t forget you can stake $FARM / iFARM to earn $LIFT starting 5/1

The people have spoken and $FARM is coming to @RulerProtocol $RULER after a recent listing with @perpprotocol and now @UMAprotocol has entered the game $UMA… keep those suggestions coming!!

Still bringing $VALUE to the @BinanceChain with our rewards collaboration at @value_defi. Mix $FARM and $VALUE to maximize the most out of your $BNB experience

🚔 Help us patrol the farmlands for pesky bugs and critters and get paid 🐛

$FARM Emissions

https://twitter.com/harvest_finance/status/1387183125122359296

(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 35 is further reduced by 4.44% from last week’s emission of 6,300.13. 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:

4,192.96 $FARM (70.15% of week 35) will be distributed to capital and liquidity providers as follows:

🤑 94.34 $FARM (1.57% of week 35) to WETH deposits into Harvest yield farming:

  • 62.89 $FARM for WETH pool
  • 31.45 $FARM for CRV:STETH pool

🎉 152.20 $FARM (2.53% of week 35) to stablecoin deposits into Harvest yield farming:

  • 105.44 $FARM for USDC pool
  • 17.01 $FARM for USDT pool
  • 29.76 $FARM for DAI pool
  • 0 $FARM for TUSD pool

🚀 175.69 $FARM (2.92% of week 35) to Curve deposits into Harvest yield farming:

  • 10.48 $FARM for YCRV pool
  • 22.64 $FARM for 3CRV pool
  • 85.96 $FARM for CRV-USDN pool
  • 19.71 $FARM for CRV-BUSD pool
  • 14.68 $FARM for CRV-COMPOUND pool
  • 3.77 $FARM for CRV-HUSD pool
  • 2.52 $FARM for CRV-EURS pool
  • 2.52 $FARM for CRV-UST pool
  • 2.52 $FARM for CRV-GUSD pool
  • 3.35 $FARM for CRV-USDP pool
  • 7.55 $FARM for CRV-LINK pool
  • 0 $FARM for CRV-AAVE pool

₿ 76.73 $FARM (1.27% of week 35) to BTC deposits into Harvest yield farming:

  • 2.10 $FARM for wBTC pool
  • 0 $FARM for renBTC pool
  • 46.12 $FARM for CRV:renwBTC pool
  • 0 $FARM for CRV:TBTC pool
  • 12.58 $FARM for CRV:HBTC pool
  • 15.93 $FARM for CRV-OBTC pool

🎠 44.45 $FARM (0.74% of week 35) 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
  • 15.93 $FARM for 1INCH:ETH-1INCH pool
  • 15.93 $FARM for 1INCH:USDC-1INCH pool
  • 12.58 $FARM for 1INCH:WBTC-1INCH pool

🍣 163.11 $FARM (2.71% of week 35) to SUSHI deposits into Harvest yield farming:

  • 37.74 $FARM for ETH-DAI pool
  • 16.77 $FARM for ETH-WBTC pool
  • 62.89 $FARM for ETH-USDT pool
  • 35.64 $FARM for ETH-USDC pool
  • 5.45 $FARM for SUSHI-ETH pool
  • 4.61 $FARM for ETH-UST pool
  • 0 $FARM for WBTC-TBTC pool

🍣 20.96 $FARM (0.35% of week 35) to SUSHI HODL deposits into Harvest yield farming:

  • 4.19 $FARM for ETH-DAI pool
  • 4.19 $FARM for ETH-WBTC pool
  • 4.19 $FARM for ETH-USDT pool
  • 4.19 $FARM for ETH-USDC pool
  • 4.19 $FARM for SUSHI pool

📊 22.64 $FARM (0.38% of week 35) to UNI LP stakers into Harvest yield farming:

  • 11.74 $FARM for ETH-DPI pool
  • 5.45 $FARM for ETH-MVI pool
  • 5.45 $FARM for KXUSD-DAI pool

👴 10.06 $FARM (0.17% of week 35) to Seigniorage deposits into Harvest yield farming:

  • 0 $FARM for MIC-USDT pool
  • 0 $FARM for MIS-USDT pool
  • 5.03 $FARM for BAC-DAI pool
  • 5.03 $FARM for BAS-DAI pool
  • 0 $FARM for DAI-BSG pool
  • 0 $FARM for DAI-BSGS pool

📈 30.19 $FARM (0.50% of week 35) to MStonks deposits into Harvest yield farming:

  • 5.03 $FARM for mGOOG pool
  • 5.03 $FARM for mAAPL pool
  • 5.03 $FARM for mTSLA pool
  • 5.03 $FARM for mAMZN pool
  • 5.03 $FARM for mNFLX pool
  • 5.03 $FARM for mTWTR pool

🖼 35.22 $FARM (0.59% of week 35) to MUSE deposits into Harvest yield farming

  • 5.03 $FARM for MUSE-ETH pool
  • 5.03 $FARM for DUDES20-ETH pool
  • 5.03 $FARM for MASK20-ETH pool
  • 5.03 $FARM for ROPE20-ETH pool
  • 5.03 $FARM for MCAT20-ETH pool
  • 5.03 $FARM for MEME20-ETH pool
  • 5.03 $FARM for GPUNKS20-ETH pool

🧜‍♀️ 50.32 $FARM (0.84% of week 35) to liquidity providers in [BSC] Venus yield farming:

  • 5.03 $FARM for Venus-DAI pool
  • 5.03 $FARM for Venus-USDC pool
  • 5.03 $FARM for Venus-USDT pool
  • 5.03 $FARM for Venus-BUSD pool
  • 5.03 $FARM for Venus-XVS pool
  • 5.03 $FARM for Venus-VAI pool
  • 5.03 $FARM for Venus-BETH pool
  • 5.03 $FARM for Venus-ETH pool
  • 5.03 $FARM for Venus-BTCB pool
  • 5.03 $FARM for Venus-WBNB pool

🚜 5.03 $FARM (0.08% of week 35) to liquidity providers in [BSC] Belt yield farming:

  • 5.03 $FARM for Belt-Venus pool

🥞 55.35 $FARM (0.92% of week 35) to liquidity providers in [BSC] PancakeSwap yield farming:

  • 0 $FARM for Pan-BUSD:BNB pool
  • 5.03 $FARM for Pan-Cake pool
  • 5.03 $FARM for Pan-ETH:BNB pool
  • 5.03 $FARM for Pan-USDT:BNB pool
  • 5.03 $FARM for Pan-XVS:BNB pool
  • 5.03 $FARM for Pan-Cake:BNB pool
  • 5.03 $FARM for Pan-Belt:BNB pool
  • 5.03 $FARM for Pan-SWIRL:BNB pool
  • 5.03 $FARM for Pan-SPACE:BNB pool
  • 5.03 $FARM for Pan-SPACE:BUSD pool
  • 0 $FARM for Pan-ICE:BNB pool
  • 0 $FARM for Pan-Popsicle:BNB pool
  • 5.03 $FARM for Pan-EPS:BNB pool
  • 0 $FARM for Pan-EPS:FUSD pool
  • 0 $FARM for Pan-EPS:BTC pool
  • 5.03 $FARM for Pan-EPS:3POOL pool

🦆 15.93 $FARM (0.26% of week 35) to liquidity providers in [BSC] Goose yield farming:

  • 7.97 $FARM for Goose-EGG:BNB pool
  • 7.97 $FARM for Goose-EGG:BUSD pool
  • 5.03 $FARM for Goose-EGG pool

💵 15.09 $FARM (0.25% of week 35) to liquidity providers in [BSC] bDollar yield farming:

  • 5.03 $FARM for bDollar-BDO:BNB pool
  • 5.03 $FARM for bDollar-BDO:BUSD pool
  • 5.03 $FARM for bDollar-SBDO:BUSD pool

🎠 15.93 $FARM (0.26% of week 35) to liquidity providers in [BSC] 1INCH yield farming:

  • 7.97 $FARM for 1INCH-1INCH:BNB pool
  • 7.97 $FARM for 1INCH-1INCH:RENBTC pool

👨‍🌾 628.94 $FARM (10.45% of week 35) to $FARM stakers in the profit share.

🚜 41.93 $FARM (0.70% of week 35) to $FARM liquidity providers in the Uniswap WETH/FARM

🌾 30.10 $FARM (0.5% of week 35) to GRAIN:

  • 9.03 $FARM for FARM-GRAIN pool
  • 21.07 $FARM for GRAIN buyback Bot

🏦 2,533.81 (42.09% of week 35) $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