TVL: $585,095,003 (-1.7%)
PRICE: $26,082.48 (+2.8%)
Product:
Cream & Cover Implementations
Initial implementations of Cream v2 and Cover are now live at https://t.co/KRit4bIbut!
— x48 (@x48_crypto) December 9, 2020
h/t @chefcoverage from Cover for helping out!@CreamdotFinance @CoverProtocol pic.twitter.com/64ETMmRAAk
Claiming 3CRV Rewards
Yearn has started claiming 3CRV rewards which will go to yveCRV vault. Please be patient, we have to claim 939 user epochs, 50 at a time. I've added the available reward balance and epoch counter to https://t.co/Lm111tN4fE. https://t.co/b9r3NrVda5
— banteg (@bantg) December 9, 2020
Governance:
Proposal: Enforcing Yearn Finance’s Branding Copyright
@sambacha posted that "If yearn is unable or unwilling to enforce its copyright’s as it relates to branding whats to stop people violating software copyrights? This thread is to start a discussion on how to best approach this issue."
Community:
Quarterly Report
Yearn community members have created an informal quarterly report that you can view below. This report does not constitute financial advice, and has not been audited by a third-party professional accounting firm.https://t.co/oLFCPzxC6s
— yearn.finance (@iearnfinance) December 9, 2020
YETI Index
🎱 Real $YETI was spotted today here: https://t.co/k4nC9L3nRW
— Power Pool (@powerpoolcvp) December 9, 2020
🎱 People say, that it is also dwells on Balancer: https://t.co/PdK9mSTDmi
🎱 The meta-governance approach applied to the @iearnfinance ecosystem https://t.co/MzmNydkW8m$CVP $PIPT $YFI #PowerIndex #MetaGov #PowerPool
Yearn Treasury Management
3/$YFI is 100% issued with community consensus for no further token issuance
— Ashwath Balakrishnan (@ashwath_22) December 9, 2020
As a result, @iearnfinance's vaults charge fees (0.5% withdrawal fee, 5% performance fee) to use the protocol. These fees are split between governance participants and the protocol's treasury.
Random:
Cointelegraph