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/1394723713912872965
Week 38 Update — A time to collaborate 🤝
If you remember our May checklist, treasury investments 🏛 and Collaborations 🫂 were part of the months focus, so how about we take care of both in this weeks update! 🚀
One of our highest APY % strategies recently was the $COMFI — $ETH vault for @CompliFi_Pro, a derivatives AMM on ETH and soon $MATIC. As part of the #Councilof69 initiative we came to private terms to invest in the protocol while working to deploy unique derivative strategies
Next up we are excited to announce a collaboration with @ConvexFinance to help bring the best yields possible to all farmers 👨🌾 in #DeFi. With so many $CRV based strategies across the #farmlands and Convex Finance goal of making boosting easy $CVX + $FARM = 🚜 Brrrr
And dont forget $FARM was also approved for listing on @UMAprotocol which means yield dollars are closer than you think! (sneak peek) 👀
We were featured in two podcasts this week! First was @CryptoCoinShow talking all things Harvest and whats next (ahem UX awesomeness), followed by @defislate where we chat about the Who/What/Whys of yield farming and how anyone can get started $BNB $ETH
Three Chads got a little bit richer thanks to an awesome #Memes contest hosted by our friends @APWineFinance. Check out the 1st place winner for the Harvest Finance participants who shared a prize pool of $1000 in $APW and $FARM
Week 38 $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 38 is further reduced by 4.44% from last week’s emission of 5,496.69. 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:
3,658.25 $FARM (70.15% of week 38) will be distributed to capital and liquidity providers as follows:
🤑 82.31 $FARM (1.57% of week 38) to WETH deposits into Harvest yield farming:
- 54.87 $FARM for WETH pool
- 27.44 $FARM for CRV:STETH pool
🎉 132.79 $FARM (2.53% of week 38) to stablecoin deposits into Harvest yield farming:
- 90.29 $FARM for USDC pool
- 11.67 $FARM for USDT pool
- 30.83 $FARM for DAI pool
- 0 $FARM for TUSD pool
🚀 139.75 $FARM (2.66% of week 38) to Curve deposits into Harvest yield farming:
- 5.12 $FARM for YCRV pool
- 17.56 $FARM for 3CRV pool
- 74.99 $FARM for CRV-USDN pool
- 13.90 $FARM for CRV-BUSD pool
- 10.24 $FARM for CRV-COMPOUND pool
- 3.29 $FARM for CRV-HUSD pool
- 3.29 $FARM for CRV-EURS pool
- 2.19 $FARM for CRV-UST pool
- 2.19 $FARM for CRV-GUSD pool
- 2.56 $FARM for CRV-USDP pool
- 4.39 $FARM for CRV-LINK pool
- 0 $FARM for CRV-AAVE pool
₿ 69.14 $FARM (1.32% of week 38) to BTC deposits into Harvest yield farming:
- 1.83 $FARM for wBTC pool
- 0 $FARM for renBTC pool
- 40.24 $FARM for CRV:renwBTC pool
- 0 $FARM for CRV:TBTC pool
- 12.07 $FARM for CRV:HBTC pool
- 15.00 $FARM for CRV-OBTC pool
🎠 0 $FARM (0% of week 38) 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
- 0 $FARM for 1INCH:ETH-1INCH pool
- 0 $FARM for 1INCH:USDC-1INCH pool
- 0 $FARM for 1INCH:WBTC-1INCH pool
🍣 147.06 $FARM (2.80% of week 38) to SUSHI deposits into Harvest yield farming:
- 32.92 $FARM for ETH-DAI pool
- 14.63 $FARM for ETH-WBTC pool
- 54.87 $FARM for ETH-USDT pool
- 31.10 $FARM for ETH-USDC pool
- 4.76 $FARM for SUSHI-ETH pool
- 4.02 $FARM for ETH-UST pool
- 4.76 $FARM for ETH-PERP pool
- 0 $FARM for WBTC-TBTC pool
🍣 0 $FARM (0% of week 38) to SUSHI HODL deposits into Harvest yield farming:
- 0 $FARM for ETH-DAI pool
- 0 $FARM for ETH-WBTC pool
- 0 $FARM for ETH-USDT pool
- 0 $FARM for ETH-USDC pool
- 0 $FARM for SUSHI pool
📊 24.51 $FARM (0.47% of week 38) to UNI LP stakers into Harvest yield farming:
- 10.24 $FARM for ETH-DPI pool
- 4.76 $FARM for ETH-MVI pool
- 4.76 $FARM for COMFI-ETH pool
- 4.76 $FARM for KXUSD-DAI pool
👴 8.78 $FARM (0.17% of week 38) to Seigniorage deposits into Harvest yield farming:
- 0 $FARM for MIC-USDT pool
- 0 $FARM for MIS-USDT pool
- 4.39 $FARM for BAC-DAI pool
- 4.39 $FARM for BAS-DAI pool
- 0 $FARM for DAI-BSG pool
- 0 $FARM for DAI-BSGS pool
📈 26.34 $FARM (0.50% of week 38) to MStonks deposits into Harvest yield farming:
- 4.391 $FARM for mGOOG pool
- 4.39 $FARM for mAAPL pool
- 4.39 $FARM for mTSLA pool
- 4.39 $FARM for mAMZN pool
- 4.39 $FARM for mNFLX pool
- 4.39 $FARM for mTWTR pool
🖼 28.53 $FARM (0.54% of week 38) to MUSE deposits into Harvest yield farming
- 4.39 $FARM for MUSE-ETH pool
- 4.39 $FARM for DUDES20-ETH pool
- 3.66 $FARM for MASK20-ETH pool
- 4.39 $FARM for ROPE20-ETH pool
- 3.66 $FARM for MCAT20-ETH pool
- 4.39 $FARM for MEME20-ETH pool
- 3.66 $FARM for GPUNKS20-ETH pool
🧜♀️ 34.89 $FARM (0.65% of week 38) to liquidity providers in [BSC] Venus yield farming:
- 3.29 $FARM for Venus-DAI pool
- 4.39 $FARM for Venus-USDC pool
- 3.66 $FARM for Venus-USDT pool
- 3.29 $FARM for Venus-BUSD pool
- 3.29 $FARM for Venus-XVS pool
- 3.29 $FARM for Venus-VAI pool
- 3.29 $FARM for Venus-BETH pool
- 3.29 $FARM for Venus-ETH pool
- 3.29 $FARM for Venus-BTCB pool
- 3.29 $FARM for Venus-WBNB pool
🚜 0 $FARM (0% of week 38) to liquidity providers in [BSC] Belt yield farming:
- 0 $FARM for Belt-Venus pool
🥞 49.39 $FARM (0.94% of week 38) to liquidity providers in [BSC] PancakeSwap yield farming:
- 3.29 $FARM for Pan-BUSD:BNB pool
- 4.39 $FARM for Pan-Cake pool
- 3.29 $FARM for Pan-ETH:BNB pool
- 3.29 $FARM for Pan-USDT:BNB pool
- 3.66 $FARM for Pan-XVS:BNB pool
- 4.02 $FARM for Pan-Cake:BNB pool
- 3.66 $FARM for Pan-Belt:BNB pool
- 0 $FARM for Pan-SWIRL:BNB pool
- 4.02 $FARM for Pan-SPACE:BNB pool
- 3.66 $FARM for Pan-SPACE:BUSD pool
- 0 $FARM for Pan-ICE:BNB pool
- 0 $FARM for Pan-Popsicle:BNB pool
- 4.39 $FARM for Pan-EPS:BNB pool
- 3.29 $FARM for Pan-EPS:FUSDT pool
- 5.12 $FARM for Pan-EPS:BTC pool
- 3.29 $FARM for Pan-EPS:3POOL pool
🦆 11.71 $FARM (0.26% of week 38) to liquidity providers in [BSC] Goose yield farming:
- 5.85 $FARM for Goose-EGG:BNB pool
- 5.85 $FARM for Goose-EGG:BUSD pool
- 0 $FARM for Goose-EGG pool
💵 0 $FARM (0% of week 38) to liquidity providers in [BSC] bDollar yield farming:
- 0 $FARM for bDollar-BDO:BNB pool
- 0 $FARM for bDollar-BDO:BUSD pool
- 0 $FARM for bDollar-SBDO:BUSD pool
🎠 6.95 $FARM (0.13% of week 38) to liquidity providers in [BSC] 1INCH yield farming:
- 6.95 $FARM for 1INCH-1INCH:BNB pool
- 0 $FARM for 1INCH-1INCH:RENBTC pool
👨🌾 548.74 $FARM (10.45% of week 38) to $FARM stakers in the profit share.
🚜 36.58 $FARM (0.70% of week 38) to $FARM liquidity providers in the Uniswap WETH/FARM
🌾 26.26 $FARM (0.5% of week 38) to GRAIN:
- 7.88 $FARM for FARM-GRAIN pool
- 18.38 $FARM for GRAIN buyback Bot
🏦 2,311.28 (44.00% of week 38) $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
