Proposal: voting only with YFI tokens

@cp287

Really good idea. Using YFI tokens only for voting. Applies trade-offs in decision making for YFI holders in terms of whether to liquidate YFI tokens to crystallize rewards vs holding YFI tokens to exercise governance.

Governance comes with a cost. It is not a risk-free asset that is distributed to stablecoin holders & pool participants.

That opportunity cost helps support the price of YFI. Electing not to liquidate YFI tokens to preserve governance rights.

2 Likes