TVL: $498,369,764 (+1.83%)
PRICE: $17,963.74 (+19.9%)
Product:
Yearn + Hegic
https://t.co/hhLPp2Jwb5 x Hegic: Binary Options https://t.co/jmattw81gb
— Andre Cronje (@AndreCronjeTech) November 10, 2020
v2 Fee Structure
YIP-51 has passed, v2 vaults fee structure has been approved with 99.74% for the change. Yearn is moving to no withdrawal fees, 2% management fee and 20% performance fee.https://t.co/dmYEkrztKd
— banteg (@bantg) November 10, 2020
Governance:
(Update) YIP-50: First step to contributors stash. *Voting open Nov 5-Nov 12
@milkyklim proposed seizing ~8 YFI from treasury contract 7 and using these funds as a first step to create contributors’ stash.
Proposal: Department Treasury Vaults & Department Staking
@mdesim01 created this is a proposal to overhaul the current MultiSig scheme and replace it with a new Yearn Treasury Vault contract that periodically allocates a portion of protocol revenues to Department Treasury Vaults, controlled by Department stakers.
Proposal: Create a HUSD vault
@definavy proposed creating a HUSD vault to attract HUSD holders to stake and earn rewards.
Community:
Full Send 🚀
$YFI and $LINK look like they are about to get sent.
— DeFiGod (@DeFiGod1) November 10, 2020
Chad Heaven
Keep the Faith
People saying $YFI is back, have it all wrong. $YFI never left. You just lost faith. They’ve been working and building all along. It is you who came back. #acceptnoimitations $hegic $aave #kp3r $eth #btc
— don_don (YFI 🔥) (@_don__don) November 10, 2020
Crickets 🦗
What happened to the ppl calling $YFI to 0?
— ChadDaddyDeFi (@ChadDaddyDeFi) November 10, 2020
Media:
Read: As regulators get tough, crypto exchanges urged to prioritize compliance
Read: Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking
Read: Yearn Finance’s ‘Backscratcher’ Vault Aims to Replenish Lost Liquidity
https://maxbit.cc/yearn-finances-backscratcher-vault-aims-to-replenish-lost-liquidity-news/
Random:
Ethereum gas consumption since 2017. The explosion of DeFi now makes the ICO bubble & Cryptokitties look like tiny blips.
— Haseeb Qureshi (@hosseeb) November 10, 2020
h/t @ashwinrz pic.twitter.com/vPdIpiqciF