[ENG] Week 37 update

Yogafire
6 min readMay 14, 2021

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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/1392201573330157570

Week 37 — Spring in Full Swing! 💐

As the beautiful blossoms are multiplying and bringing forth a bounty worthy of #DeFi summer, we also have an abundance of news to share as we continue ticking off the May checklist we teased a few weeks back

What is this surge of power flowing through Chad? He is transforming into a #Super-UMAn!! @UMAprotocol

Vote passed! Keep your 👀 for $UMA + $FARM

https://twitter.com/harvest_finance/status/1392201582993829888

Last week we deployed the $COMFI$ETH @CompliFi_Pro strategy which has been showing a return over 1% every 24 hours 🥳

Just one of the 100+ high yield strategies you can join without needing a pooper-scooper #DogPonziNotRequired

https://twitter.com/harvest_finance/status/1392201591734771714

Sneak Peek: Its so fresh and crisp feeling… Loving what @Dspot_Developer is doing with their modeling. Expect something special when Harvest deploys the v2 barn remodel in full

https://twitter.com/harvest_finance/status/1392201593689317376

Our friends and community farmhands @Publish0xD have dropped some fresh financial forecasts in their recent publication. Ready for an education? 👨‍🏫

Week 37 Emission

(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 37 is further reduced by 4.44% from last week’s emission of 5,752.43. 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:

3,828.44 $FARM (70.15% of week 37) will be distributed to capital and liquidity providers as follows:

🤑 86.14 $FARM (1.57% of week 37) to WETH deposits into Harvest yield farming:

  • 57.43 $FARM for WETH pool
  • 28.71 $FARM for CRV:STETH pool

🎉 138.97 $FARM (2.53% of week 37) to stablecoin deposits into Harvest yield farming:

  • 100.28 $FARM for USDC pool
  • 9.72 $FARM for USDT pool
  • 28.97 $FARM for DAI pool
  • 0 $FARM for TUSD pool

🚀 149.31 $FARM (2.22% of week 37) to Curve deposits into Harvest yield farming:

  • 6.51 $FARM for YCRV pool
  • 18.76 $FARM for 3CRV pool
  • 78.48 $FARM for CRV-USDN pool
  • 15.70 $FARM for CRV-BUSD pool
  • 11.49 $FARM for CRV-COMPOUND pool
  • 3.06 $FARM for CRV-HUSD pool
  • 2.30 $FARM for CRV-EURS pool
  • 2.30 $FARM for CRV-UST pool
  • 2.30 $FARM for CRV-GUSD pool
  • 2.70 $FARM for CRV-USDP pool
  • 5.74 $FARM for CRV-LINK pool
  • 0 $FARM for CRV-AAVE pool

₿ 70.06 $FARM (1.27% of week 37) to BTC deposits into Harvest yield farming:

  • 1.91 $FARM for wBTC pool
  • 0 $FARM for renBTC pool
  • 42.11 $FARM for CRV:renwBTC pool
  • 0 $FARM for CRV:TBTC pool
  • 11.49 $FARM for CRV:HBTC pool
  • 14.55 $FARM for CRV-OBTC pool

🎠 40.58 $FARM (0.74% of week 37) 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
  • 14.55 $FARM for 1INCH:ETH-1INCH pool
  • 14.55 $FARM for 1INCH:USDC-1INCH pool
  • 11.49 $FARM for 1INCH:WBTC-1INCH pool

🍣 148.93 $FARM (2.71% of week 37) to SUSHI deposits into Harvest yield farming:

  • 34.46 $FARM for ETH-DAI pool
  • 15.31 $FARM for ETH-WBTC pool
  • 57.43 $FARM for ETH-USDT pool
  • 32.54 $FARM for ETH-USDC pool
  • 4.98 $FARM for SUSHI-ETH pool
  • 4.21 $FARM for ETH-UST pool
  • 0 $FARM for WBTC-TBTC pool

🍣 19.14 $FARM (0.35% of week 37) to SUSHI HODL deposits into Harvest yield farming:

  • 3.83 $FARM for ETH-DAI pool
  • 3.83 $FARM for ETH-WBTC pool
  • 3.83 $FARM for ETH-USDT pool
  • 3.83 $FARM for ETH-USDC pool
  • 3.83 $FARM for SUSHI pool

📊 25.65 $FARM (0.47% of week 37) to UNI LP stakers into Harvest yield farming:

  • 10.72 $FARM for ETH-DPI pool
  • 4.98 $FARM for ETH-MVI pool
  • 4.98 $FARM for ETH-PERP pool
  • 4.98 $FARM for KXUSD-DAI pool

👴 9.19 $FARM (0.17% of week 37) to Seigniorage deposits into Harvest yield farming:

  • 0 $FARM for MIC-USDT pool
  • 0 $FARM for MIS-USDT pool
  • 4.59 $FARM for BAC-DAI pool
  • 4.59 $FARM for BAS-DAI pool
  • 0 $FARM for DAI-BSG pool
  • 0 $FARM for DAI-BSGS pool

📈 27.56 $FARM (0.50% of week 37) to MStonks deposits into Harvest yield farming:

  • 4.81 $FARM for mGOOG pool
  • 4.81 $FARM for mAAPL pool
  • 4.81 $FARM for mTSLA pool
  • 4.81 $FARM for mAMZN pool
  • 4.81 $FARM for mNFLX pool
  • 4.81 $FARM for mTWTR pool

🖼 29.86 $FARM (0.54% of week 37) to MUSE deposits into Harvest yield farming

  • 4.59 $FARM for MUSE-ETH pool
  • 4.59 $FARM for DUDES20-ETH pool
  • 3.83 $FARM for MASK20-ETH pool
  • 4.59 $FARM for ROPE20-ETH pool
  • 3.83 $FARM for MCAT20-ETH pool
  • 4.59 $FARM for MEME20-ETH pool
  • 3.83 $FARM for GPUNKS20-ETH pool

🧜‍♀️ 45.94 $FARM (0.84% of week 37) to liquidity providers in [BSC] Venus yield farming:

  • 4.59 $FARM for Venus-DAI pool
  • 4.59 $FARM for Venus-USDC pool
  • 4.59 $FARM for Venus-USDT pool
  • 4.59 $FARM for Venus-BUSD pool
  • 4.59 $FARM for Venus-XVS pool
  • 4.59 $FARM for Venus-VAI pool
  • 4.59 $FARM for Venus-BETH pool
  • 4.59 $FARM for Venus-ETH pool
  • 4.59 $FARM for Venus-BTCB pool
  • 4.59 $FARM for Venus-WBNB pool

🚜 0 $FARM (0% of week 37) to liquidity providers in [BSC] Belt yield farming:

  • 0 $FARM for Belt-Venus pool

🥞 62.40 $FARM (1.14% of week 37) to liquidity providers in [BSC] PancakeSwap yield farming:

  • 4.59 $FARM for Pan-BUSD:BNB pool
  • 4.59 $FARM for Pan-Cake pool
  • 4.59 $FARM for Pan-ETH:BNB pool
  • 4.59 $FARM for Pan-USDT:BNB pool
  • 4.59 $FARM for Pan-XVS:BNB pool
  • 4.59 $FARM for Pan-Cake:BNB pool
  • 4.59 $FARM for Pan-Belt:BNB pool
  • 0 $FARM for Pan-SWIRL:BNB pool
  • 4.59 $FARM for Pan-SPACE:BNB pool
  • 4.59 $FARM for Pan-SPACE:BUSD pool
  • 0 $FARM for Pan-ICE:BNB pool
  • 0 $FARM for Pan-Popsicle:BNB pool
  • 4.59 $FARM for Pan-EPS:BNB pool
  • 4.59 $FARM for Pan-EPS:FUSDT pool
  • 7.27 $FARM for Pan-EPS:BTC pool
  • 4.59 $FARM for Pan-EPS:3POOL pool

🦆 14.55 $FARM (0.26% of week 37) to liquidity providers in [BSC] Goose yield farming:

  • 7.27 $FARM for Goose-EGG:BNB pool
  • 7.27 $FARM for Goose-EGG:BUSD pool
  • 0 $FARM for Goose-EGG pool

💵 13.78 $FARM (0.25% of week 37) to liquidity providers in [BSC] bDollar yield farming:

  • 4.59 $FARM for bDollar-BDO:BNB pool
  • 4.59 $FARM for bDollar-BDO:BUSD pool
  • 4.59 $FARM for bDollar-SBDO:BUSD pool

🎠 7.27 $FARM (0.13% of week 37) to liquidity providers in [BSC] 1INCH yield farming:

  • 7.27 $FARM for 1INCH-1INCH:BNB pool
  • 0 $FARM for 1INCH-1INCH:RENBTC pool

👨‍🌾 574.27 $FARM (10.45% of week 37) to $FARM stakers in the profit share.

🚜 38.28 $FARM (0.70% of week 37) to $FARM liquidity providers in the Uniswap WETH/FARM

🌾 27.48 $FARM (0.5% of week 37) to GRAIN:

  • 8.25 $FARM for FARM-GRAIN pool
  • 19.24 $FARM for GRAIN buyback Bot

🏦 2,326.55 (42.33% of week 37) $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