TVL: $382.1M (-1.72%)
PRICE: $38,662.15 (+6.6%)
@dripdrop wrote "What’s better than Buyback and Build? Build now and buyback later.
What’s better than mint? Net zero inflation mint credit we can share with yecosystem"
- Mint 3000 YFI warchest now (2000 for immediate Dev equity, Op expenses, and Yearn warchest, 1000 reserved for launch incentives of future yproducts). Burn mint keys.
- Store 3000 YFI in Iron Bank (extending credit to yecosystem) until it is spent (large portions can be spent immediately for dev equity and expenses)
- Set one of the goals of “BABY” to buyback up to the 3000 YFI credit line
New proposal is live on the @powerpoolcvp governance forum to create an index consisting of Yearn yVault tokens.
Read: Core contributors, investors debate Yearn token mint