Yield Farming
Yield Farming is the bread and butter of HERMES. This is where you can deposit into any available farm, either with LP tokens or simply by depositing $S.
The official H3RMES yield Farming pools can be found here.
Users can either deposit $S (which will be staked in Origin Protocol, converting it to $OS) to our liquidity pools (zapping them into the V3 pool automatically), they can deposit minted $H3 (also utilising the zap features), or users can add pre-existing V3 LP.
Zap-In
Single-Sided Deposit: Users can deposit $S or H3RMES and the protocol automatically pairs it with H3RMES/OS to create concentrated V3 liquidity positions. These positions are automatically added to the farms to start generating yield.
Single-Sided xH3RMES Deposit: Users can deposit xH3RMES to a specific xH3RMES pool, which will generate xH3RMES yield via several mechanisms. Information on this can be found here.
Other tokens, including stable-coins, can be deposited to the farms during at least the genesis (TGE) period.
Farming liquidity is provided to SwapX, leveraging concentrated liquidity mechanics via BentoBoxV2 to enhance the efficiency of the positions and generate as much yield as possible.
Emissions
There will be no direct H3RMES emissions—access to H3RMES is gate-kept by the predefined minting (during TGE, ends after five days), borrowing, buying from the market, vesting xH3RMES, or instantly redeeming xH3RMES.
All yield farming rewards are distributed in xH3RMES.
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