Swapr shared summary of emissions and agriculture changes

Swapr shared last Tuesday, November 9, through his Twitter account, his new biweekly summary of emissions and changes in SWPR agriculture.

“This bi-weekly series will detail the changes and completed assignments of all active SWPR distribution methods. Swapr’s farming campaigns were initially launched on 09/16/2021 at 15:00 UTC on Arbitrum, with Mainnet and xDai starting shortly after. Without further ado, let’s see the broadcasts of November 11, 2021, which will be launched at 15:00 UTC”, he said through an article published on the Medium platform.

Fundamental changes

The company indicated that there are some more important changes that have been moving through governance in this period:

• xDai allocation from 10% to 20%: xDai has exploded relative to its own ecosystem and the percentage allocation of SWPR emissions. This change should be seen as the beginning of consistent cross-string changes in the assignment.

• Arbitrum Allocation 80% to 70%: With the recent launch of farms on xDai, it has become apparent that there is a high demand outside of Arbitrum. As things continue to regulate and normalize, this allocation might even continue to flow to the more prominent chain.

• Arbitrum Campaign Extensions – Certain peers on Arbitrum have become very stable in performance, maintaining TVL and most importantly volume and fees. As a result of community feedback, these pairs will change their length from one to two Epochs. (Or, two to four weeks). Starting from Epoch 5, SWPR / ETH, USDC / ETH, WBTC / ETH, DXD / ETH, CRV / ETH will have their cadence extended to four weeks.

• Unilateral Rethinking Introduced – This issue has sparked much debate in the community. Even though you’re not ready for the November 11 bounty spree, feedback is needed to help get the one-sided bet going.

Arbitrum Epoch 5

Similarly, the company explained some of the most important changes discussed by the community in Era 5:

• USDC / WETH from 20% to 21.5% – Not much to say here, USDC / WETH is still one of the strongest pairs in both TVL and volume.

• ETH / WBTC from 12.5% ​​to 14% – This is a strong pair with great volume overall. It makes sense to keep prioritizing here.

• DAI / ETH 9% to 5%: Dai continues to outperform both relative TVL and volume quite significantly against USDC since its inclusion. The goal was to achieve parity between the DAI and USDC pairs, but in the short term continuing to prioritize the competitive pairs will be a better use of the allocated SWPR.

• USDC / USDT 2.5% to 2%: Although this pair has seen more volume than ever, it still pales in comparison to its allocation. This reduction follows the plan established by the community in previous times, gradually eliminating the stable group.

• CRV / WETH 3% to 5%: CRV’s group has significantly outperformed its peers, making it a consistent competitor in both volume and TVL. This change is intended to further align and engage the CRV community in Arbitrum.

• GRT / WETH from 1.5% to 1% – Adverse to the above, GRT has been flying under the radar. This slight reduction should give the community time to catch up on the allocation.

• ARBY / MIM 0.5% to 0%: There have been some serious challenges with this group in both volume and TVL. This is likely the result of many factors, including a lack of data in the subgraph (no stable pair against ARBY or MIM) and / or ARBY’s locked liquidity on Sushiswap. Although this proposal aims to eliminate this assignment, there is no ill will towards our Adamant friends. We knew there would be some challenges here and we would love to explore additional areas of collaboration in the future.

• GNO / ETH from 1.5% to 1%: GNO groups continue without anticipated movement. This proposed reduction will continue to provide scope for the community to catch up on both TVL and volume.

• IMX / ETH from 1% to 1.5%: IMX has significantly improved in volume and TVL. This slight push should help propel the community towards Swapr.

Mainnet Epoch 3

In his view, Mainnet farms launched on October 14, 2021, with the first four seasons combined to remain gas conscious. As a result, there are no changes currently.

Also read: dHEDGE launches rewards program with Immunefi

xDai Epoch 3

Additionally, he detailed that xDai will see relatively smaller changes (if you don’t factor in the massive 10% to 20% shift in emissions):

• WETH / WBTC from 15% to 12.5%: this group has had problems with TVL and has suffered in volume. This is a very important and relevant pair and as such it proposes a small downward change to allow the community to catch up.

• STAKE / XDAI from 9% to 11.5%: Although it struggles to attract TVL, this group has a considerable relative volume. In addition to this, DXdao is exploring a possible alignment of interests with the xDai community. There is also an interesting discussion about a possible Gnosis xDai merger.