YIP 31: YFI Inflation Distribution

Author	Substreight, DeltaTiger, Hannes Graah, Daryl Lau
Discussions-To	https://gov.yearn.finance/t/yip-31-yfi-inflation-distribution/1445
Status	Rejected
Created	2020-07-30

Simple Summary

Divide any further YFI inflation, allocating 50% to Liquidity Pools and 50% to the Multisig.

Abstract

There are currently no funds being allocated to developing and improving the yearn ecosystem.
Further inflation of YFI provides an opportunity to fulfill funding needs.

Motivation

Using YFI from inflation to fund development is a sustainable mechanism to strengthen the yearn ecosystem and align contributors.

FOR: Allocate 50% of YFI inflation to Liquidity Pool incentives and 50% to the Multisig.

AGAINST: No changes to YFI inflation distribution.

Specification

Overview

Designate 50% of future YFI emissions to LP rewards contract.
Designate 50% of future YFI emissions to Multisig (or DAO if applicable).
This will stay in place until stopped or adjusted.

Rationale

Some YFI should be reserved to secure and improve the yearn ecosystem while properly incentivizing liquidity pools. Starting with a 50% // 50% split to LPs and Multisig, respectively, allows proper funding for both stakeholders, while retaining flexibility to adjust the distribution if necessary.

Reference

Inflation schedule proposal YIP-30

Metadata

Name	Value
Proposed by	0x24394A4758DBdCf6fcbC14dc35af64Ac0D9a450A
Total for votes	3304.5260 (42.28%)
Total against votes	4509.5851 (57.71%)
Quorum	73.42% ✔
Start block	10560736
End block	10578016

Source: yieldfarming.info YFI Governance Information

YIP 31: YFI Inflation Distribution Source