Humble DeFi: Gov Period #10 Rewards (Q1 2024)
Welcome back Humble Family,
Algorand Governance Period #10 is now live, and LP commitments can now be committed. Alongside governance, Algorand Governors again approved a DeFi boost allocation of 7.5M Algos this quarter of which Humble will see approximately 424K Algo to distribute to its users (+ partner matching), almost 3x last quarter! We plan to distribute these through a variety of farm similar to last period, where we will have airdrop style farms AND Traditional style farms — alongside brand new single sided farms! Most of these farms will begin recording Jan 15th, with first distribution occurring Jan 22nd and on a weekly basis, with last drop being on April 1st. Farms marked as Airdrops you do not need to do anything to enroll for this program other than hold eligible LPs, where as traditional farms you will need to deposit into our farm.
There are a couple ways you can enter governance!
- ) Traditional Vanilla Governance: This is ran through the Algorand Governance period here. LPs and Algos can be committed to earn additional rewards.
- ) You can use a partner to commit to liquid governance like Folks Finance. Committing through them can provide additional rewards through their programs, and with our partner farms, can really stack up! Click the following links for more info on signing up!
Farming Allocations
PLEASE NOTE: While we aim not to do this, these values are subject to change at any point in time for any reason and may vary to actual distribution . If there are changes, we will update below. We have been awarded a total of 424,064 ALGOs for period #10. You can track these ALGOs and verify distributions that all flow from our Gov wallet: QHIPSR26IFUOAIZF2KTI7LJQWVLBJCYFOD2VVPT5DPYGILKFMPETKOD36Y
Folks Finance Community Coin Contest
Airdrops:
ALGO/USDC (31566704) — 80K ALGO
ALGO/USDT (312769) — 30K ALGO
ALGO/VEST (700965019) — 30K ALGO + 187500 VEST (exact amount TBD)
ALGO/DEFLY(470842789) — 30K ALGO + 3.12M DEFLY(exact amount TBD)
ALGO/COSG (1065092715) — 10K ALGO + 500K COSG
ALGO/AKTA (523683256)— 2.5K ALGO
ALGO/COOP (796425061)— 5K ALGO
Traditional Farms:
GALGO/USDC (793124631,31566704) — 60K ALGO + 32.5K ALGO Match (92.5kA Total)
GALGO/USDT (793124631,312769) — 30K ALGO + 15k ALGO (45kA Total)
USDC/USDT (31566704,312769) — 40K ALGO
GOUSD/SILVER$ (672913181,246519683) — 30K ALGO + 30K ALGO Match (60kA Total)
GOUSD/GOLD$ (672913181,246516580) — 30K ALGO + 30K ALGO Match (60kA Total)
STASIS/USDC (31566704,227855942)— 7.5K ALGO
STASIS/gAlgo (31566704,793124631) — 5K ALGO + 2.5K ALGO FOLKS MATCH
goUSD/goBTC (672913181, 386192725)— 10K ALGO + 10K ALGO Match (20kA Total)
goUSD/goETH (672913181, 386195940) — 10K ALGO + 10K ALGO Match (20kA Total)
Single Sided Staking:
$COOP — 2.5K ALGO
Folks Finance Community Coin Contest
In collaboration with Folks Finance and the other DEXs Tinyman & Pact, we are hosting a community coin contest that will see 20,000 ALGO distributed among the top gAlgo/Community Coin LPs on Humble during the contest time period. Read the exact rules here.
Algorand xGov
xGov program is going on the third quarter. This is a longer term governance commitment that gives governors additional voting power and a slightly different reward structure. To learn more about this program visit Algorand Foundation website here.
Want to join our community and have a chance to win our next contest or get the Alpha before it drops? Check us out:
Website: https://humble.sh
Telegram: https://t.me/humblesh
Twitter: https://twitter.com/HumbleDefi
Reddit: https://reddit.com/r/HumbleDefi/
Discord: https://discord.gg/HumbleDefi
