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# Farming Logic Update 3.14
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# Farming Logic Update 3.14
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> this is for TFGrid version 3.14
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> this is for TFGrid version 3.14, and will still change because of feedback on our [forum](https://forum.threefold.io/t/feedback-on-farming-logic-as-suggested-for-tfgrid-3-14/4275)
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## FARMING
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## FARMING REWARDS
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- farming reward stays the same, price on 0.08
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- [V] farming reward stays the same, price on 0.08
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- [ ] max 1billion TFT on Stellar
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- [ ] max 1billion TFT on Stellar
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- [ ] uptime checks include network, min BW, quality of HW ...
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- [ ] uptime checks include network, min BW, quality of HW (needs to be further specified)
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- [ ] all farmers have done KYC, see #12
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- [ ] all farmers have done KYC/AML
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- [ ] for new nodes: we do no register nodes which are not DDR4...
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- [ ] for new nodes: we do no register nodes which are not DDR4...
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- [ ] bigger farmers they can sign with DMCC for SLA, which will be visible, with penalty in locked tokens by TF DMCC/COOP, there is contract involved, which gets linked to TFChain
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- [ ] bigger farmers can sign with DMCC for SLA, which will be visible, with penalty in locked tokens by TF DMCC/COOP, there is contract involved, which gets linked to TFChain
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- [ ] if price > 0.08 for more than 30 days, then the farming price changes ...
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The cooperative will resell capacity (using TFT at back) and redistribute margin as follows:
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- [ ] give 50% on utilization to farmers
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- [ ] give 10% on utilization to validators
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- [ ] give 40% on utilization to treasury of TF Cooperative
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[more info about coop see here](tfcoop_intro.md).
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## UI & EXPLORER
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## UI & EXPLORER
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@ -25,11 +33,22 @@
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- [ ] 1 tft = 1 vote
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- [ ] 1 tft = 1 vote
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## GEP NEEDED
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## GEP 1 NEEDED
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- [ ] stop burning
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- [ ] stop burning
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- [ ] agree on 1 billion TFT cap (farming will stop)
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- [ ] farming rules as above
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- [ ] farming rules as above
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- [ ] give 50% on utilization through cooperative, cooperative has power to change this
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- [ ] utilization revenue distribution through cooperative see above
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## GEP 2 NEEDED
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Will be done once voting system has been changed and GEP 1 done
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- [ ] agree on 9 directors for cooperative
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- [ ] agree on 9 directors for cooperative
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- [ ] if price > 0.08 for more than 30 days, then the farming price changes ...
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- [ ] agree on 9 guardians who run
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## GEP 3 NEEDED
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Will be done once voting system has been changed and GEP 1 done
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- [ ] agree on 9 guardians who run the validators
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