GIVfarm
On October 29, 2022, the GIVfarm was exploited on ETH Mainnet, all funds in the Mainnet farming contracts were drained and stolen. The Giveth Community voted subsequently to not restart any of the affected farms. Currently most GIV liqudity farming programs have ended since, with the exception of GIVpower Staking 🚀, there are no plans to launch any new GIVfarm programs in the future. However there are still opportunities to earn liquidity rewards through the RegenFarm program.
This documentation article will remain for historical reference.
The GIVfarm launched on December 24, 2021. 3.5% of the total token supply, 35 Million GIV, has been allocated to the first GIVfarm round of 6 months, 65 million tokens are held in a multisig for future liquidity provision. Farms are available on either Ethereum Mainnet (ETH) or Gnosis Chain (formerly xDai Network). Any farms you stake tokens into will yield GIV rewards and add to your GIVstream flowrate only for that corresponding chain. GIV reward distribution for the 6 pools available is as follows:
| Pool | Tokens Allocated |
|---|---|
| 80GIV/20ETH Balancer on Mainnet | 2.5 Million GIV |
| GIV Staking on Mainnet | 2.5 Million GIV |
| GIV/HNY Honeyswap on Gnosis Chain (formerly xDai Network) | 10 Million GIV |
| GIV/WETH Sushiswap on Gnosis Chain (formerly xDai Network) | 2.5 Million GIV |
| GIVgardens Staking on Gnosis Chain (formerly xDai Network) | 7.5 Million GIV |
A Note:
10 Million GIV was originally allocated as rewards for a GIV/ETH Uniswap V3 pool on Mainnet. However, we detected one actor that was abusing a vulnerability in the system to earn rewards disproportionately and then dump the GIV. The community voted to terminate the Univ3 rewards program (snapshot), and they were shut off on March 21st, 2022. You can learn more about it here.
The amount claimable from rewards on the day of launch will be 10% with the other 90% allocated to flow out from the GIVstream. The GIVstream will flow for 5 years, and as time passes, the greater the amount immediately claimable from rewards will be. As you earn rewards in the GIVfarm, you also increase the flow rate of your GIVstream.
Token Addresses
GIV Mainnet - 0x900db999074d9277c5da2a43f252d74366230da0 GIV Gnosis Chain (formerly xDai Network) - 0x4f4F9b8D5B4d0Dc10506e5551B0513B61fD59e75
Staking Contract Addresses (Mainnet)
- Balancer v2 80GIV/ETH Pool -0xc0dbDcA66a0636236fAbe1B3C16B1bD4C84bB1E1
- GIV Staking - 0x3115e5aAa3D6f742d09fbB649150dfE285a9c2A3
Staking Contract Addresses (Gnosis Chain (formerly xDai Network))
- GIV Staking - 0xD93d3bDBa18ebcB3317a57119ea44ed2Cf41C2F2
- GIV/HNY Honeyswap - 0x4B9EfAE862a1755F7CEcb021856D467E86976755
- GIV/WETH SushiSwap - 0xfB429010C1e9D08B7347F968a7d88f0207807EF0
LP Token Addresses (Mainnet)
- Balancer v2 - 0x7819f1532c49388106f7762328c51ee70edd134c
LP Token Addresses (Gnosis Chain (formerly xDai Network))
- GIV/HNY Honeyswap -0x08ea9f608656A4a775EF73f5B187a2F1AE2ae10e
- GIV/WETH SushiSwap - 0x55FF0cef43F0DF88226E9D87D09fA036017F5586
Weekly Distribution
Round 1 (26 weeks) weekly GIV rewards distribution percentages based on GIVfarm liqudity mining supply are as follows:
| Week of Round | % of Rewards | # of GIV tokens |
|---|---|---|
| Week 1 | 7.75% | 2,712,500 |
| Week 2 | 7.75% | 2,712,500 |
| Week 3 | 6.00% | 2,100,000 |
| Week 4 | 6.00% | 2,100,000 |
| Week 5 | 4.75% | 1,662,500 |
| Week 6 | 4.75% | 1,662,500 |
| Week 7 | 3.75% | 1,312,500 |
| Week 8 | 3.75% | 1,312,500 |
| Week 9 | 3.25% | 1,137,500 |
| Week 10 | 3.25% | 1,137,500 |
| Week 11 | 3.00% | 1,050,000 |
| Week 12 | 3.00% | 1,050,000 |
| Week 13 | 3.00% | 1,050,000 |
| Week 14 | 3.00% | 1,050,000 |
| Week 15 | 3.25% | 1,137,500 |
| Week 16 | 3.25% | 1,137,500 |
| Week 17 | 3.50% | 1,225,000 |
| Week 18 | 3.50% | 1,225,000 |
| Week 19 | 3.75% | 1,312,500 |
| Week 20 | 3.75% | 1,312,500 |
| Week 21 | 3.25% | 1,137,500 |
| Week 22 | 3.25% | 1,137,500 |
| Week 23 | 2.75% | 962,500 |
| Week 24 | 2.75% | 962,500 |
| Week 25 | 2.00% | 700,000 |
| Week 26 | 2.00% | 700,000 |
Note that, as a result of the termination of the Univ3 rewards program in week 13 there is approximately 5M GIV, previously earmarked for these rewards, that are no longer part of the GIVfarm allocation.
Further rounds may be launched after this period that could contain new pools and changes in distribution. All rewards from GIVfarm will be affected by the GIVstream. Read up on the GIVstream documentation for more information.
GIVfarm Extension (Q2 2022)
The first GIVfarm Extension happened on June 24th, 2022. The farm was extended a further 8 weeks with an additional 4 Million GIV allocated to farming rewards.
A flat 500,000 GIV is distributed weekly from June 24th until August 19th 2022
Here is a breakdown of the farms, the percentage allocated to each and the flat amount of GIV distributed weekly:
| Farm | % Allocated | GIV Per Week |
|---|---|---|
| GIV/DAI Uniswap V2 on Mainnet | 23% | 115,000 |
| 80GIV/ETH Balancer on Mainnet | 15% | 75,000 |
| GIV Staking on Mainnet | 5% | 25,000 |
| 50GIV/xDAI Honeyswap on xDai | 25% | 125,000 |
| 50GIV/WETH Sushiswap on xDai | 17% | 85,000 |
| GIVgardens/staking on xDai | 15% | 75,000 |
Here's the contract information:
Staking Contract Addresses (Mainnet)
- Balancer v2 80GIV/ETH Pool - 0xc0dbDcA66a0636236fAbe1B3C16B1bD4C84bB1E1
- GIV Staking - 0x4B9EfAE862a1755F7CEcb021856D467E86976755
- Uniswap v2 GIV/DAI - 0xa4523D703F663615Bd41606B46B58dEb2F926D98
Staking Contract Addresses (Gnosis Chain (formerly xDai Network))
- GIV Staking - 0xD93d3bDBa18ebcB3317a57119ea44ed2Cf41C2F2
- GIV/xDAI Honeyswap - 0x24A6067fEd46dc8663794c4d39Ec91b074cf85D4
- GIV/WETH SushiSwap - 0xfB429010C1e9D08B7347F968a7d88f0207807EF0
LP Token Addresses (Mainnet)
- Balancer v2 - 0x7819f1532c49388106f7762328c51ee70edd134c
- Uniswap v2 - 0xbeba1666c62c65e58770376de332891b09461eeb
LP Token Addresses (Gnosis Chain (formerly xDai Network))
- GIV/xDAI Honeyswap - 0xB7189A7Ea38FA31210A79fe282AEC5736Ad5fA57
- GIV/WETH SushiSwap - 0x55FF0cef43F0DF88226E9D87D09fA036017F5586
GIVfarm Extension (Q3 2022)
The GIVfarm was extended on August 19th, 2022 with most farms discontinued.
Here's the farms that were included in this extension:
| Farm | Duration in Weeks | GIV Per Week |
|---|---|---|
| 80GIV/ETH Balancer on Mainnet | 12 | 75,000 |
| GIVgardens/staking on xDai | 6.5 | 100,000 |
Staking Contract Addresses (Mainnet)
- Balancer v2 80GIV/ETH Pool - 0xc0dbDcA66a0636236fAbe1B3C16B1bD4C84bB1E1
LP Token Addresses (Mainnet)
- Balancer v2 - 0x7819f1532c49388106f7762328c51ee70edd134c
Staking Contract Addresses (Gnosis Chain (formerly xDai Network))
- GIV Staking - 0xD93d3bDBa18ebcB3317a57119ea44ed2Cf41C2F2
We should also mention the Angel Vault launched on August 4th and will run for 26 weeks, you can find more details in the Angel Vault documentation article.