TVL: $450,856,844 (-.01%)
PRICE: $13,362.35 (-7.6%)
Product:
v2 Vaults Live
The very first yearn v2 strategy is live and it has already reported a return.
— banteg (@bantg) October 27, 2020
Token: CRV
Debt limit: 250k CRV
Rate limit: 50 CRV per block
Strategies: StrategyCreamCRV pic.twitter.com/EpL1fTlWzL
Another One
Another v2 vault is live!
— banteg (@bantg) October 27, 2020
Token: UNI-V2 WBTC/WETH
Debt limit: $100k
Rate limit: $15 per block
Strategies: StrategyUniswapPairPickle
Governance:
General Chat: Grand finale a new face for Cover NFTs
@fameal posted the preselected artwork from the final round of the yearn art contest. We want the community to decide which one is the best. In the end, there can be only one.
Proposal: [Strategy for yETH Vault V2] Stake DAI in Barnbridge for BOND rewards, increase DAI holding
@ramaruro and @estebank proposed a low risk, easy to implement strategy to stake DAI to receive BOND rewards from the new Barnbridge Protocol. BOND would be sold weekly for additional DAI which will be reinvested in staking.
BOND rewards are released weekly for a 25 week period, as of October 28 we are in the second week of this Liquidity Mining Program.
Community:
VYearn AMA
The yearn.finance team hosted an AMA on Oct. 27, 2020. Questions were submitted to a Google Form and answers were shared in the yearn.finance Discord.
@nomad put together an excellent summary here:
https://nomadyfi.medium.com/yearn-ama-recap-oct-27-a9f2be858231
v2 🚀
$YFI
— yBRK.A (YFI) (@yFlipBRK) October 27, 2020
-an auditor been engaged for v2 vaults
-SNX vault coming after v2
-yHEGIC vault coming after v2
-a DAI strategy that farms COMP is in testing right now and should be released soon; this is planned for use on the yETH Vault
-new consolidated UI coming with v2
Media:
Read: YFI Proposal - Rethinking Capital Allocation (Paywall)
https://messari.io/article/yfi-proposal-rethinking-capital-allocation
Random:
Decrypt