TVL: $489,375,186 (+1%)
PRICE: $15,236.20 (+3%)
Product:
SushiSwap Pair Strategy
My first @iearnfinance vault & strategy are finally testing in prod. You can farm the @SushiSwap ETH/DAI pool to earn more ETH/DAI SLP tokens.
— andy (@andy8052) November 9, 2020
Vault is currently limited to ~$10,000 in SLP tokens
If you want to help me test in prod I will post the contracts bellow
Stats on Yearn Boosties
Some stats on Yearn boosties and Backscratcher pic.twitter.com/tkBor2Afm8
— banteg (@bantg) November 9, 2020
Governance:
Proposal: Make Strategist Skin in Game Partner for Make Benefit of Glorious Brain of Yearn
This proposal sets Yearn and Strategists out to be equal partners in the success of a Vault, with each allocated an even share of the 20% performance fee:
- Treasury allocation: 10%
- Strategist: 10%
Proposal: Establish who votes in Curve DAO on behalf of Yearn
This proposal establishes which group votes in Curve DAO on behalf of Yearn.
Community:
M&A
Announcing M&A (Molly & Andre):@mollyandandre is a #DeFi fund created by Molly Wintermute @0mllwntrmt3 and Andre Cronje @AndreCronjeTech. Today we are starting to invest in hardcore developers and code. $3M will be allocated in the M&A from the Hegic Development Fund.
— 0MOLLY WINTERMUT3 (@0mllwntrmt3) November 9, 2020
☯️ 1/8: pic.twitter.com/yXX5suXb1S
Yield on yCrv
Yield on yCrv from yearn_finance
Patience
We tweeted this at the top of the DeFi summer:
— DeFi Slate (@defislate) November 9, 2020
"With $YFI pumping to $40k levels, the #DeFi space is finally getting massive recognition amongst the crypto community
Are we in a bubble? Where do we stand?"
We were, in fact, in a bubble 😆
First sell off is over
Patience
Media:
Watch: Yearn Finance x HEGIC = A look inside An Options Fortune Teller's Vault
https://www.youtube.com/watch?v=aW3AiLU3Qjg&feature=youtu.be
Read: yEarn Developer Proposes ETH 2.0 Vault for Retail Investors
https://cryptobriefing.com/yearn-developer-proposes-eth-2-0-vault-retail-investors/
Read: New Crypto Project is Amazing Tech Says YFI Founder Andre Cronje
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