[ENG] Week 42 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/1404905680188841986

Week 42 Update — #BumperCrop 🍅🌽🥖

Over the past few weeks we have been planting seeds into fertile $FARM’s all over #DeFi. Now the fruits of the $UNI fields are forming nicely, and with yields so plump they look to be growing before your eyes 👀

https://twitter.com/harvest_finance/status/1404905680188841986

But those aren’t the only fertile #farmlands seeing a bountiful boon in returns… ~6–16% on your $BTC? Yes please! $CVX @ConvexFinance @renprotocol

https://twitter.com/harvest_finance/status/1404905683477094400

With so much produce to chose from, you need a kitchen to cook it up in and the http://Lift.Kitchen @liftdao strats are sizzling!

https://twitter.com/harvest_finance/status/1404905686140522496

Too much fresh produce to handle 🚜? Don’t worry #farmer, our friends at @BeOneFinancial have your back, where soon you will have all the tools you need to manage your $FARM overflow

Week 42 $FARM Emissions

https://twitter.com/harvest_finance/status/1404905690368380928

(Editor Yogafire’s note: Details of weekly emission could be found at the appendix of this post)

Remember: The tractors never stop at Harvest, and regardless of the market, neither does the profit to farmers. Bear or Bull, you are always collecting the wool 🐏

https://twitter.com/harvest_finance/status/1404908437557813248

This appendix is written by Yogafire, a harvest moderator for people who are curious of weekly emission details.

📉 $FARM emission in week 42 is further reduced by 4.44% from last week’s emission of 4,795.71. 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:

3,049.83 $FARM (70.15% of week 42) will be distributed to capital and liquidity providers as follows:

🤑 207.39 $FARM (4.74% of week 42) to WETH deposits into Harvest yield farming:

  • 131.14 $FARM for WETH pool
  • 76.25 $FARM for CRV:STETH pool

🎉 91.49 $FARM (2.09% of week 42) to stablecoin deposits into Harvest yield farming:

  • 47.74 $FARM for USDC pool
  • 13.92 $FARM for USDT pool
  • 29.84 $FARM for DAI pool
  • 0 $FARM for TUSD pool

🚀 192.14 $FARM (4.39% of week 42) to Curve deposits into Harvest yield farming:

  • 3.05 $FARM for YCRV pool
  • 54.90 $FARM for 3CRV pool
  • 61.00 $FARM for CRV-USDN pool
  • 24.40 $FARM for CRV-BUSD pool
  • 12.20 $FARM for CRV-COMPOUND pool
  • 9.15 $FARM for CRV-HUSD pool
  • 6.10 $FARM for CRV-EURS pool
  • 1.83 $FARM for CRV-UST pool
  • 1.83 $FARM for CRV-GUSD pool
  • 12.20 $FARM for CRV-USDP pool
  • 5.49 $FARM for CRV-LINK pool
  • 0 $FARM for CRV-AAVE pool

₿ 99.12 $FARM (2.26% of week 42) to BTC deposits into Harvest yield farming:

  • 1.52 $FARM for wBTC pool
  • 0 $FARM for renBTC pool
  • 48.80 $FARM for CRV:renwBTC pool
  • 0 $FARM for CRV:TBTC pool
  • 21.35 $FARM for CRV:HBTC pool
  • 27.45 $FARM for CRV-OBTC pool

🍣 185.12 $FARM (4.23% of week 42) to SUSHI deposits into Harvest yield farming:

  • 42.70 $FARM for ETH-DAI pool
  • 21.35 $FARM for ETH-WBTC pool
  • 73.20 $FARM for ETH-USDT pool
  • 39.65 $FARM for ETH-USDC pool
  • 3.35 $FARM for SUSHI-ETH pool
  • 3.35 $FARM for ETH-UST pool
  • 1.52 $FARM for ETH-PERP pool

📊 15.25 $FARM (0.35% of week 42) to UNI(V2) LP stakers into Harvest yield farming:

  • 8.54 $FARM for ETH-DPI pool
  • 3.96 $FARM for ETH-MVI pool
  • 0 $FARM for COMFI-ETH pool
  • 2.74 $FARM for KXUSD-DAI pool

👴 7.01 $FARM (0.16% of week 42) to Seigniorage deposits into Harvest yield farming:

  • 3.66 $FARM for BAC-DAI pool
  • 3.35 $FARM for BAS-DAI pool

📈 21.96 $FARM (0.50% of week 42) to MStonks deposits into Harvest yield farming:

  • 3.66 $FARM for mGOOG pool
  • 3.66 $FARM for mAAPL pool
  • 3.66 $FARM for mTSLA pool
  • 3.66 $FARM for mAMZN pool
  • 3.66 $FARM for mNFLX pool
  • 3.66 $FARM for mTWTR pool

🖼 23.18 $FARM (0.53% of week 42) to MUSE deposits into Harvest yield farming

  • 3.66 $FARM for MUSE-ETH pool
  • 3.66 $FARM for DUDES20-ETH pool
  • 3.05 $FARM for MASK20-ETH pool
  • 3.66 $FARM for ROPE20-ETH pool
  • 2.44 $FARM for MCAT20-ETH pool
  • 3.66 $FARM for MEME20-ETH pool
  • 3.05 $FARM for GPUNKS20-ETH pool

🚠 243.99 $FARM (5.57% of week 42) to LIFT deposits into Harvest yield farming

  • 91.49 $FARM for LFBTC-LIFT pool
  • 152.49 $FARM for WBTC-LFBTC pool

🦄 548.97 $FARM (12.54% of week 42) to UNI(V3) LP stakers into Harvest yield farming:

  • 91.49 $FARM for V3-USDC:WETH
  • 76.25 $FARM for V3-USDC:USDT
  • 76.25 $FARM for V3-WBTC:WETH
  • 76.25 $FARM for V3-WETH:USDT
  • 76.25 $FARM for V3-DAI:USDC
  • 76.25 $FARM for V3-DAI:WETH
  • 76.25 $FARM for V3-UNI-WETH

🧜‍♀️ 23.48 $FARM (0.54% of week 42) to liquidity providers in [BSC] Venus yield farming:

  • 2.13 $FARM for Venus-DAI pool
  • 3.35 $FARM for Venus-USDC pool
  • 2.44 $FARM for Venus-USDT pool
  • 2.44 $FARM for Venus-BUSD pool
  • 2.13 $FARM for Venus-XVS pool
  • 2.13 $FARM for Venus-VAI pool
  • 2.13 $FARM for Venus-BETH pool
  • 2.13 $FARM for Venus-ETH pool
  • 2.13 $FARM for Venus-BTCB pool
  • 2.44 $FARM for Venus-WBNB pool

🚜 10.67 $FARM (0.24% of week 42) to liquidity providers in [BSC] Belt yield farming:

  • 0 $FARM for Belt-Venus pool
  • 3.66 $FARM for Belt:BNB pool
  • 3.66 $FARM for Belt:ETH pool
  • 3.66 $FARM for Belt:BTCB pool

🥞 35.68 $FARM (0.81% of week 42) to liquidity providers in [BSC] PancakeSwap yield farming:

  • 2.44 $FARM for Pan-BUSD:BNB pool
  • 3.66 $FARM for Pan-Cake pool
  • 2.13 $FARM for Pan-ETH:BNB pool
  • 2.13 $FARM for Pan-USDT:BNB pool
  • 2.74 $FARM for Pan-XVS:BNB pool
  • 3.05 $FARM for Pan-Cake:BNB pool
  • 2.74 $FARM for Pan-Belt:BNB pool
  • 3.05 $FARM for Pan-SPACE:BNB pool
  • 2.74 $FARM for Pan-SPACE:BUSD pool
  • 3.35 $FARM for Pan-EPS:BNB pool
  • 2.13 $FARM for Pan-EPS:FUSDT pool
  • 3.35 $FARM for Pan-EPS:BTC pool
  • 2.13 $FARM for Pan-EPS:3POOL pool

🦆 9.45 $FARM (0.22% of week 42) to liquidity providers in [BSC] Goose yield farming:

  • 4.57 $FARM for Goose-EGG:BNB pool
  • 4.88 $FARM for Goose-EGG:BUSD pool
  • 0 $FARM for Goose-EGG pool

🎠 0 $FARM (0% of week 42) to liquidity providers in [BSC] 1INCH yield farming:

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

👨‍🌾 457.47 $FARM (10.45% of week 42) to $FARM stakers in the profit share.

🚜 30.49 $FARM (0.70% of week 42) to $FARM liquidity providers in the Uniswap WETH/FARM

🌾 21.89 $FARM (0.5% of week 42) to GRAIN:

  • 6.57 $FARM for FARM-GRAIN pool
  • 15.33 $FARM for GRAIN buyback Bot

🏦 843.89 (19.27% of week 42) $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 (before Mar. 30th)
  • 0xd00fce4966821da1edd1221a02af0afc876365e4 (after Mar. 30th)

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Yogafire

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