Humble Governance Period 8 Farms Update!
Welcome back, Humble Governors!
Algorand Governance Period #8 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 475K Algo to distribute to its users. We plan to distribute these through a variety of pools similar to last period, where we will have airdrop style farms. Most of these farms will begin recording on July 17th, with first distribution occurring July 24th and on a weekly basis until September 25th. Traditional Farms are currently under maintenance and will reopen at a further date. You do not need to do anything to enroll for this program other than hold eligible LPs.
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 or GARD. 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!
Folks Finance Sign-Up | GARD Sign-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 473,289 ALGOs for period #8. You can track these ALGOs and verify distributions that all flow from our Gov wallet: QHIPSR26IFUOAIZF2KTI7LJQWVLBJCYFOD2VVPT5DPYGILKFMPETKOD36Y
ALGO/USDC (31566704)— 88K ALGO
ALGO/USDT (312769)— 30K ALGO
ALGO/VEST (700965019)— 30K ALGO + 1:1 VEST Match
ALGO/DEFLY(470842789) — 25K ALGO + 1:1 DEFLY Match
ALGO/COSG (1065092715)— 15K ALGO + 1:1 COSG Match
GALGO/USDC (793124631,31566704)— 35K ALGO + 1:1 Folks Match
GALGO/USDT (793124631,312769)— 15K ALGO + 1:1 Folks Match
ALGO/OPUL (287867876)— 20K ALGO
ALGO/COOP(796425061) — 20K ALGO
ALGO/PLANET(27165954) — 10K ALGO
ALGO/AKTA(523683256) — 10K ALGO
USDC/USDT (31566704,312769)— 35K ALGO
GARD/USDC (684649988,31566704)— 30K ALGO (discontinued)
GOUSD/SILVER$ (672913181,246519683) — 30K ALGO + 1:1 Match
GOUSD/GOLD$ (672913181,246516580)— 30K ALGO + 1:1 Match
ALGO/GORA(1138500612)— 25K ALGO
Algorand xGov
xGov program is going on the second 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
