TVL: $508,894,500 (+2%)
PRICE: $10,913.74 (+5%)
@sambacha proposed utilizing ‘fees’ as a method of disincentivizing short positions and dumps by dynamically changing ‘fee’ rate, where the fee rate is zero for those transfers below the trailing transfer average rate.
@sampriestly proposed increasing strategist compensation. V2 vaults haven’t been completely finished yet so it can come from multiple areas. It can come from increasing overall fees. Or sharing some of the AUM fee. Or increasing strategist share of profits above 0.5%. This should be a discussion.
Not Investment Advice
The YFI communities on Twitter, Telegram, Medium and Discord continue to grow
More info here:
Read: Yearn Finance - What Is It and What Is It For?
Read: Yearn.finance (YFI) rapidly fixes “attack vector” similar to one used on $1b protocol Harvest
Watch: Taking A More In Depth Look At Yearn.Finance (YFI) & What It offers | InCrypto With Crypto Professor