## The Web3 Foundation funding committee has confirmed that, despite a public agreement with previous Parity & Web3 Foundation leadership, they will not support any further incentives for DeFi from the Polkadot Treasury.
### As a result - this proposal, if approved, will make adjustments to ensure sufficient liquidity for our most critical markets whilst we reflect on a new ecosystem strategy

This proposal will stop the following farms:
- 2-Pool USDT/C
- ASTR
- GLMR
- BNC
- KSM
- AAVE
- SKY
- LINK
- LDO
- TRAC
- SUI
- ENA

It will also place the following on-chain remark: `Request the technical committee to whitelist a follow-up referendum to reduce the rate of reward distribution for the remaining farms and redistribute remaining funds from all stopped farms`

Once this referendum successfully executes, the whitelisted referendum will distribute leftover funds from the stopped farms and slash the distribution rate of the remaining farms - with the exception of HOLLAR in Omnipool, which will be boosted to allow for liquidity to migrate from the 2-Pool USDT/C farm.

#240 Stop non-essential GIGAHydration farms + next steps