The new proposal from Yearn Finance aims to allocate 90% of the protocol to YFI Token stake users.

YFI3.36%
According to BlockBeats news on September 29, reported by DLNews, anonymous contributor 0xPickles recently submitted a comprehensive reform proposal aimed at reshaping the development trajectory of the DeFi protocol Yearn Finance. The proposal includes three plans that attempt to revitalize the project through income distribution reform, enhanced contributor accountability, and shared token value. The core change of the proposal is that 90% of the protocol's revenue will be directly distributed to holders of locked YFI tokens. Under the new mechanism, users can participate in income distribution by staking YFI to obtain stYFI certificates. Specifically, it includes: · Staking model replaces voting custody: eliminating complex mechanisms and adopting direct staking for income distribution · DAO governance restructuring: establishing a profit-centric decision-making mechanism, requiring contributors' budget applications to include on-chain financial reports · Institutionalization of contributor incentives: allocating 1,700 YFI (approximately $500,000) for strategic incentives, establishing capped performance bonuses and a long-term contributor retention pool.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
Nazaryanvip
· 2025-09-30 06:14
the market is up only 💪🏻
View OriginalReply0
GateUser-93f0f892vip
· 2025-09-30 03:11
XRP amazes the CEO of Galaxy: Novogratz presents the supporting argument that he had previously ignored.
View OriginalReply0
ZeyadAltheebvip
· 2025-09-29 20:44
The bullish market is at its peak 🐂
View OriginalReply0
ZeyadAltheebvip
· 2025-09-29 20:44
The bullish market is at its peak 🐂
View OriginalReply0