TVL: $357.4M (-.62%)
PRICE: $32,053.83 (-3.7%)
Product:
YFI + CRV - Permissionless Pools
— yearn.finance (@iearnfinance) January 14, 2021
Firehose Load Limit Testing
Production Firehose load limit testing commence pic.twitter.com/BAr3T5Ec3H
— x48 (@x48_crypto) January 14, 2021
St. Ether Test Strategy
A new @iearnfinance test strategy appears: https://t.co/nZ5mgCbzuA
— Sam Priestley (@arbingsam) January 14, 2021
Deposit stETH/ETH Curve LP. Earns and sells LDO and CRV for more ETH and stETH. Stake in Curve. Repeat.
10% from ETH2 staking. 50% from LDO. 5% from CRV. Plus trading fees. How much APR can one strat handle? pic.twitter.com/H9m5H1RJhO
Governance:
Proposal: Developer Incentives
@yfi_lit wrote that our core developers are creating immense value for us (YFI holders). It’s incredibly extractive and naive to expect indentured servitude for any longer.
The launch of YFI was the most selfless launch since Bitcoin–even more so because Andre couldn’t mine the coins solo for a prolonged period of time. Rewarding our core devs with YFI tokens does not go back on this selflessness. Rather, it shows that we too can be selfless as YFI holders.
General Chat:10-20 YFI for Dev pool from me
@onlylarping will match 1 YFI for the Dev Pool for every 9 raised from the community, up to a max of 10 from himself.
And he will match another 1 YFI for every 99 raised from the community thereafter, up to another 10 from himself.
20 total max if we can raise 980 from the community. No bullshit, who else is in?
(PowerPool) Proposal: Yearn yTokens Index
@milkyklim proposed launching an index in the PowerPool ecosystem consisting of Yearn vault tokens:
Instead of using equal weights – 16.66% – use adaptive weights proportional to vaults TVL [1].
The index serves 2 purposes:
- smoothen APY generated by vaults;
- create liquidity sink for yTokens and effectively be the largest exchange pool.
Community:
Parafi Supporting the Devs
We support this as the largest YFI holder - we want to see a plan for allocation of YFI-denominated funds that makes sense, but pending that, we are in
— Vance Spencer (@pythianism) January 14, 2021
30K memes are cool, having a sustainable project with low levels of inflation is cooler@polychaincap @paraficapital https://t.co/LPvVsnvtBC
Yearn Community Strong
Loving the way the yearn community is bubbling ideas around how to properly incentivize our dev team. Opening every avenue of thought, buybacks, mint, you name it.
— tracheopteryx.eth (@tracheopteryx) January 14, 2021
This independent proposal to crowdfund a dev pool is my favorite one yet. Blown away....https://t.co/iksFIGK45f
Media:
Watch: $YFI - Buyback and Build - YFI Token NEW Uses, APYS 50%+
https://www.youtube.com/watch?v=zDgQucodLyg
Read: DeFi project CREAM surges as Yearn.finance (YFI) announces integration
https://cryptoslate.com/defi-project-cream-surges-as-yearn-finance-yfi-announces-integration/
Random:
If you’re buying crypto but you’re not a DeFi user you’re investing at a major disadvantage. You can’t know a product until you use it.
— Ryan Sean Adams - rsa.eth 🏴 (@RyanSAdams) January 15, 2021
The best investors are users.