Good tractors never gets old.
Harvest Finance was launched by an anonymous team on September 1st, 2020 to release the spirit of 69 & 420 for the people.
Tractors got really serious, and Harvest Finance was listed on Binance, currently the largest exchange in the world. Functional tractors now available and completely accessible all over the world for humble farmers. 👨🌾
The tractors of farmlands have become more productive with fCASH. Now iFARM can be colaterized for fCASH in which can be swapped for USDC improving iFARM utility. More power to the tractor's engines. 🚜 Introducing fCASH
🚜 Harvest Finance becomes multi chain and releases BSC farms. BSC farmers can grow their crops on Harvest Finance and become part of the yield farming revolution. Harvest Finance joined the DPI, one of the most famous DeFi assets index. Week 32 Update
- 🔒 12 hours timelock strategy got deployed for the TUSD vault.
- 🤑 The first deal to consider for The council of 69 has been shaped Snapshot Vote
- 🗳️ Harvest governance begin to take shape. Governance discussion Forum
🔥🔥🔥 After a throughout discussion on total emissions and a community vote on 27th of September the total supply of FARM tokens was reduced from 5 000 000 to 690,420 FARM. Weekly Supply the community vote results : https://snapshot.page/#/farm/proposal/QmQvoNCNhz5dARMgR82vFPeHAMPqMahHgsHjPYggFuAkGZ
🤑 The council of 69♋ was introduced. It is an initiatve to bring even more yields💰 for Harvest Finance farmers by investing in strategic early stage ventures. The way The council of 69♋ works is :
- 1.A savvy community member suggest a deal and organizises a community vote to move the deal further (1000FARM votes needed)
- 2.The Harvest council of 69 performs a due dilligence and makes a decision
- 3.💰 After a successful invesmtnt the member who suggested the deal gets 10% in a liquidity even, while the remaining 90% go to the Profit Share pool to be distributed among the Harvest Farmers.
- ⏳Time-lock upgradability contracts published
- 🥩Autostaking and autocompounding for the Profit Share automated
- 🥇Tons of new listing for Harvest Finance on major platform
- 🔥Further burn of 5846.9 FARM
- 🤖 Enabling a VWAP bot
- 🌟 $500 000 000 in TVL reached
- 🔥FARM Supply reductions started after discussions in the community. 14,580 FARM were burned (a 36% reduction of the initially planned emissions for Week3) : https://etherscan.io/tx/0xcfd1378afdab6980a498edeeecccbf1aa6ff4822dc98eb9dcfe1caf47cc17390 https://etherscan.io/tx/0x455612eb4be5b32eb3662f9acb2b5cb59ad594d28851ad688bf10a8fd545bb30 https://etherscan.io/tx/0x8c291fe6a2e2f3c56c6df33f197f49bf3f363a4bb93ab050a1a71c85c32ededb
- 💵 WETH vault was introduced
- 🥩 Stake all button was introduced.
In Week 3, which began on September 15th at ~19:00 UTC, the team and community decided to discontinue the community stakedrop. FARM tokens can be traded on Uniswap or acquired by providing liquidity on Harvest assets or depositing supported assets into Harvest yield farming strategies.
The following DeFi assets are eligible for this week's stakedrop rewards:
BASED-sUSD Uniswap LP
PASTA-ETH Uniswap LP
AMPL-ETH Uniswap LP
Week 2 rewards required depositing a DeFi community asset along with the Harvest Finance FARM token in a Balancer pool in a 90:10 proportion.
To participate in the stakedrop, follow the
balancer poollink and deposit the DeFi community asset and FARM in 90:10 ratio. Then go to https://harvest.finance to deposit the Balancer LP token into the rewards pool. All contract addresses are provided for technical information only; do not interact directly with the contracts unless you know what you are doing! While it is safe to begin depositing into these Balancer pools at any time, rewards will not begin until the rewards start time.
Balancer: SWRV/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0xf9f2df6e0e369145481a32fcd260e353aa20c1a6 rewards pool: https://etherscan.io/address/0x44356324864a30216e89193bc8b0f6309227d690#readContract SWRV: https://etherscan.io/token/0xB8BAa0e4287890a5F79863aB62b7F175ceCbD433 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: CRV/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0xac6bac9dc3de2c14b420e287de8ecb330d96e492 rewards pool: https://etherscan.io/address/0x45a760b3e83ff8c107c4df955b1483de0982f393#readContract CRV: https://etherscan.io/token/0xD533a949740bb3306d119CC777fa900bA034cd52 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: SUSHI/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0xb39ce7fa5953bebc6697112e88cd11579cbca579 rewards pool: https://etherscan.io/address/0x26582bea67b30af166b7fcd3424ba1e0638ab136#readContract SUSHI: https://etherscan.io/token/0x6b3595068778dd592e39a122f4f5a5cf09c90fe2 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: YFV/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0x97cd8e51cd6c888567c6c620188b8fb264ee8e91 rewards pool: https://etherscan.io/address/0x158edb94d0bfc093952fb3009deeed613042907c#readContract YFV: https://etherscan.io/token/0x45f24BaEef268BB6d63AEe5129015d69702BCDfa FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: LINK/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0x418d3dfca5099923cd57e0bf9ed1e9994f515152/ rewards pool: https://etherscan.io/address/0x19f8ce19c9730a1d0db5149e65e48c2f0daa9919#readContract LINK: https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: PYLON/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0x1e2da0aa71155726c5c0e39af76ac0c2e8f74bef rewards pool: https://etherscan.io/address/0x2f97d9f870a773186cb01742ff298777bbf6f244#readContract PYLON: https://etherscan.io/token/0xd7b7d3c0bda57723fb54ab95fd8f9ea033af37f2 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: UNI-BASED_sUSD/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/address/0xf76206115617f090f5a49961a78bcf99bb91cfee rewards pool: https://etherscan.io/address/0xf465573288d9d89c6e89b1bc3bc9ce2b997e77df#readContract Uni sUSD_BASED: https://etherscan.io/address/0xaad22f5543fcdaa694b68f94be177b561836ae57 sUSD: https://etherscan.io/token/0x57ab1ec28d129707052df4df418d58a2d46d5f51 BASED: https://etherscan.io/address/0x68A118Ef45063051Eac49c7e647CE5Ace48a68a5 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: UNI-PASTA_ETH/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0xa3e69ebce417ee0508d6996340126ad60078fcdd rewards pool: https://etherscan.io/address/0xb4d1d6150dac0d1a994afb2a196adadbe639ff95#readContract UNI-PASTA_ETH: https://etherscan.io/address/0xe92346d9369fe03b735ed9bdeb6bdc2591b8227e PASTA: https://etherscan.io/token/0xE54f9E6Ab80ebc28515aF8b8233c1aeE6506a15E WETH: https://etherscan.io/token/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
Balancer: UNI-AMPL_WETH/FARM 90/10 balancer pool: https://pools.balancer.exchange/#/pool/0xdfb341093ea062a74bd19a222c74abdcb97c067b rewards pool: https://etherscan.io/address/0x7af4458d3abd61c3fd187bb9f1bbf917cd4be9b8#readContract UNI AMPL_WETH: https://etherscan.io/address/0xc5be99a02c6857f9eac67bbce58df5572498f40c AMPL: https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161 WETH: https://etherscan.io/token/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2 FARM: https://etherscan.io/token/0xa0246c9032bC3A600820415aE600c6388619A14D
The week 1 stakedrop rewards began on September 1th at ~20:00 UTC and continued for one week. Approximately 12,000 FARM, 21% of this week's emission, were distributed in this way.
The following DeFi assets were eligible for Week 1 stakedrop rewards:
BASED-sUSD Uniswap LP
PASTA-ETH Uniswap LP
To assist in initial distribution of FARM to a broad audience of DeFi power users, tokens in the DeFi community were selected to be eligible to stake their tokens in order to receive the Harvest Finance FARM token. These tokens were not deposited into the Harvest Finance yield farming strategies.