TVL: $381.4M (-4.46%)

PRICE: $33,508.67 (-6.3%)

Product:

Zapper + yVaults

Risk-Free Rate of DeFi

El Calfos yVault

Governance:

Proposal: Funding Yearn’s Future

Several key contributors created a proposal to safeguard Yearn’s future development. They would like to mint 6,666 YFI. Use ~1/3 of minted YFI to reward key contributors and put ~2/3 of minted YFI in the Treasury under the control of the community through future proposals.

Proposal: Adaptive mgmt fees based on AUM

@macarse wrote that Yearn v2 comes with a 2% mgmt fees on AUM. Yearn gov should ramp up mgmt fees slowly as vault’s AUM grow up to the 2% max.

Community:

Yearn Community 💪

Brrrrr

Gitcoin + YFI

Media:

Read: Yearn.finance team proposes $225 million YFI token mint

https://cointelegraph.com/news/yearn-finance-team-proposes-225-million-yfi-token-mint

Read: Multiple DeFi projects unveil, plan new user interface upgrades

https://cointelegraph.com/news/multiple-defi-projects-unveil-plan-new-user-interface-upgrades

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