Recap: Week 56
Giving back to the people 🥖
In week 56, something remarkable happened not only for Harvest but DeFi space as a whole.
The introduction of the NFT Profit Sharing model has left people speechless. Our community is curious and ecstatic to see an NFT use case like no other.
Harvest’s leads continue their journey across Asia, spreading the good word of our work to the people.
- NFT Profit Sharing
- Coin98 Integration
- Creativity Contest Winners
- Fertilizer — $SWISE Distribution
- Binance China AMA
- $iFARM & $WMATIC Rewards
- $FARM Emissions Update
- Harvest in Media
- Social Media Branding Update
1. NFT Profit Sharing
20 September — Harvest pioneers the NFT Profit Sharing model by giving 50% of its sales commissions back to the people.
In its first month, our Chad & Friends collection saw ~47ETH in volume. Given the 10% commission on each card sale, Harvest earned ~4.7 ETH.
Harvest’s commune decided to distribute 50% of commissions (2.38925 ETH) among cardholders.
Community reactions speak for themselves:
2. Coin98 Integration
21 September — Users can now connect to Harvest via Coin98. This integration opens the door for more than 400k users (primarily based in Asia) to interact and deploy funds at Harvest.
This integration is a significant milestone in our #HarvestInAsia Campaign.
To connect via Coin98, you need to download their browser extension (like MetaMask) or use the Coin98 App that acts as a DeFi hub.
3. Creativity Contest Winners
22 September — We are amazed by both the quantity and quality of entries for our Anniversary Contest. It was challenging to pick 20 winners among 50+ entries.
A round of applause to everyone who participated in #HarvestBirthday 👏
Calling winners to send a direct message to our official Harvest Twitter account alongside your ETH address.
See all the winners here
4. Fertilizer — $SWISE Distribution
23 September — We successfully finished our first Fertilizer campaign with Stakewise! Four lucky farmers already received $500 of $SWISE tokens directly to the addresses they used to interact with Stakewise vault at Harvest.
The campaign was to reward loyal farmers as well to incentive those who hesitated to deploy their funds in this particular vault.
5. Binance China AMA
23 September — The second Harvest’s AMA with Binance happened this week, this time with the Chinese audience.
Our Chinese community lead — HAHA HORSE — did an excellent job answering questions coming both from Binance mods and directly from the community.
We saw more than 250 questions from the community in the span of 60 seconds
😮That’s a lot of interest in Harvest coming from the Chinese community!
6. $iFARM & $WMATIC Rewards
22 & 23 September — This week rewards have been added to the following vaults:
$WMATIC on all Balancer Vaults on Polygon.
$iFARM Rewards on all Yel Finance Vaults on Ethereum Mainnet.
These additions resulted in significant APY raises across all mentioned vaults.
7. $FARM Emissions Update
As in every week, we post an in-depth FARM Emissions Update with a total distribution breakdown.
8. Harvest in Media
20 September — APY Vision posted an in-depth tutorial on Harvest’s Vault that helps users navigate our dashboard as well as how to track our vaults with APY Vision.
9. Social Media Branding Update
Those who closely follow Harvest’s Twitter & Medium witness the constant transformation of our branding. We are proudly presenting a new set of images for announcements, integrations, and vaults listings.
Let us know what you think!