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The End of FARM Emissions — What It Means & What’s Next At 07:46 PM UTC on September 6 2024, FARM emissions ceased.  The End of FARM Emissions — What It Means & What’s Next   Just.Z · Follow Published in Harvest Finance 4 min read · Sep 8, 2024 Listen Share At 07:46 PM UTC on September 6 2024, FARM emissions ceased.  There are now 690,420 FARM in circulation, and no more will be created. With the end of FARM emissions, it’s essential to understand what this means for the community of farmers and the future of Harvest. The Journey of FARM Emissions: The $FARM token was introduced when Harvest launched on September 1st, 2020, to provide incentives to yield farmers using the Harvest platform. The token was released without pre-mining, presale, or venture capitalist involvement, starting with a 0 circulating supply at launch. FARM tokens were never sold through an ICO, TGE, or any fundraising venture, ensuring a fair and transparent distribution. Now that we’ve reached this target, no new FARM tokens will be minted. The emissions process is complete, marking a new chapter for Harvest and its community. Sustainability of FARM Value With the end of emissions, the inflation of FARM’s supply has ceased. As no new FARM tokens will be created, the supply of existing tokens is now finalized. FARM stakers and iFARM holders will enjoy a stabilized supply while continuing to participate in the Harvest ecosystem, which includes over 200 active strategies, all working to maximize the potential for rewards stacking. Focus on Treasury Management: As always, Harvest remains focused on the platform’s long-term sustainability. Even with the end of FARM emissions, a strategic reserve of FARM tokens exists to ensure continued rewards for users and the platform’s longevity for years to come. This reserve, along with our treasury management approach, helps to ensure that contributors can continue to be compensated for their work, supporting Harvest's ongoing development and success. Notes on the previous maximum supply
The End of FARM Emissions — What It Means & What’s Next

At 07:46 PM UTC on September 6 2024, FARM emissions ceased.


The End of FARM Emissions — What It Means & What’s Next





Just.Z

·
Follow

Published in

Harvest Finance

4 min read

·

Sep 8, 2024

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At 07:46 PM UTC on September 6 2024, FARM emissions ceased.



There are now 690,420 FARM in circulation, and no more will be created.
With the end of FARM emissions, it’s essential to understand what this means for the community of farmers and the future of Harvest.

The Journey of FARM Emissions:

The $FARM token was introduced when Harvest launched on September 1st, 2020, to provide incentives to yield farmers using the Harvest platform.
The token was released without pre-mining, presale, or venture capitalist involvement, starting with a 0 circulating supply at launch. FARM tokens were never sold through an ICO, TGE, or any fundraising venture, ensuring a fair and transparent distribution.
Now that we’ve reached this target, no new FARM tokens will be minted. The emissions process is complete, marking a new chapter for Harvest and its community.
Sustainability of FARM Value
With the end of emissions, the inflation of FARM’s supply has ceased. As no new FARM tokens will be created, the supply of existing tokens is now finalized.
FARM stakers and iFARM holders will enjoy a stabilized supply while continuing to participate in the Harvest ecosystem, which includes over 200 active strategies, all working to maximize the potential for rewards stacking.
Focus on Treasury Management:
As always, Harvest remains focused on the platform’s long-term sustainability. Even with the end of FARM emissions, a strategic reserve of FARM tokens exists to ensure continued rewards for users and the platform’s longevity for years to come.
This reserve, along with our treasury management approach, helps to ensure that contributors can continue to be compensated for their work, supporting Harvest's ongoing development and success.

Notes on the previous maximum supply
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