Recap #4 — January 2022
The expansion of farmlands continues.
This week has been all about farmland expansion. Our humble farmers saw a bunch of new opportunities across Ethereum & Polygon to deploy their crypto assets to work.
As usual, Harvest remains committed to researching and deploying farms that make economic sense and not necessarily trying to catch the hype.
This week, however, we’ve welcomed the single-staking $LOOKS vault that is both economically beneficial and lives up to the hype.
- Single-stake $LOOKS Vault
- Stablecoin vault ft. @balancer on #Polygon
- Stakewise ETH Vault Readjustment
- Jarvis 4EUR & DEN-MAR-22
- $FARM Emissions Update
1. Single-stake $LOOKS Vault
Jan 26 — The Vault for the famous $LOOKS goes live, allowing farmers to deposit the $LOOKS token directly and let Harvest the compound underlying assets.
Worth noting that last week, we’ve also deployed the $LOOKS-$ETH vault which allows LPs to compound their earned swap fees.
2. Stablecoin vault ft. @balancer on #Polygon
Jan 26 — A new vault for tier 1 stablecoins went live on Polygon, powered by our friends at Balancer. We’ve managed to share the news across the feeds of Balancer and TrueFi, which amplified the news of the Vault now being live.
3. Stakewise ETH Vault Readjustment
Jan 25 — Our builders readjusted the Stakewise Vault, which means it’s now earning yield with its full potential. Worth noting that farmers in the Vault are not exposed to impermanent loss because of the nature of ETH & sETH2.
Initially launched in Q3 2021, the Vault is highly popular among users who bet on the widescale adoption of $ETH.
4. Jarvis 4EUR & DEN-MAR-22
Jan 26 — Harvest completed the 4EUR vault migration, which is now farming the DEN-MAR-22 token.
Please note the vault prints a high APY as there’s little liquidity in it. As always, DYOR, especially before deploying funds into a vault that shows enormous APY.
5. $FARM Emissions Update 74
📉 $FARM emission in week
74is further reduced by 4.44% from last week’s emission of 1,069.36.