New multiplier distribution & others

Hermes Defi
2 min readSep 14, 2021

As a consequence of the incorporation of the IRIS / USDC farm into DFYN, the ROUTE / DFYN farm and the individual pools of these two, we have designed a new distribution of our rewards. We want to achieve a full integration of their investors in our ecosystem, so we are looking for the possibility that can benefit you the most, always protecting IRIS’ interests first and foremost.

The changes are as follows.

We will increase the WMATIC multiplier to 35.

We will reduce the multiplier of QUICK to 5.

The AES pool will disappear

We will reduce to 20 the multiplier of LP LINK / BAL / WETH / AAVE

We will reduce to 40 the multiplier of USDC / IRIS / WETH / BAL / WMATIC but we will eliminate the deposit fees.

The SILVER pool will disappear

We will reduce the FISH multiplier to 2

KAVIAN pool will disappear

Depending on the liquidity entering the new ROUTER / DFYN farms / pools their multiplier may be altered in the coming days to maximize farm efficiency.

We have decided to reduce the multipliers in a major way in the Balancer LPs because sadly the integration of their LPs in the less experienced investors is somewhat difficult, however you have a video in our Youtube channel and a written explanation in our documents on how to do it, in case a major integration is achieved we will return to favor their LPs.

During the next few days the collaborations that come out will be focused on creating pairs with $IRIS with other strong tokens of the Polygon ecosystem enhancing the MC of our token and the profitability of our investors as opposed to increasing the funds raised in the project (- deposit fees + buying pressure).

I take this opportunity to update the situation about the vaults, during last week we had them ready to launch but when verifying them we discovered that the code had some errors and we have decided to start again to bring you a perfect final product, during the next few days they should be released. We will incorporate all the native pairs that currently exist plus some new surprises.

PS. I will not be silent about what happened with AFK, I am fully aware of what happened and the team has taken it into account as well, you will have news soon.

Best regards, ValleyRider

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Hermes Defi

The Hermes Protocol is a a decentralized and proactive financial platform at the forefront of modern day finance. Hermes DeFi is Safe, Transparent, and Fast.