# YIPs **URL:** https://gov.yearn.fi/c/proposals/yips/10.md [Latest](https://gov.yearn.fi/latest.md) · [Categories](https://gov.yearn.fi/categories.md) · [Tags](https://gov.yearn.fi/tags.md) --- ## [About the YIPs category](https://gov.yearn.fi/t/about-the-yips-category/334)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 0
Once here, a proposal is submitted to Snapshot – time to vote. Make sure to stick to the rules: --- ## [YIP: 91 yTranche](https://gov.yearn.fi/t/yip-91-ytranche/14659)
**Author:** [@schlagatron](https://gov.yearn.fi/u/schlagatron)\ **Replies:** 0\ **Last updated:** [6 July 2026 18:27 UTC](https://gov.yearn.fi/t/yip-91-ytranche/14659 "2026-07-06T18:27:36Z")
Authors: Vaults Team Summary This proposal seeks endorsement to deploy yTranche across three underlying’s (USD, ETH, and BTC) and asks the Yearn Treasury to seed each system with initial capital in each of the tranches. … --- ## [YIP-90: yETH Optimistic Recovery Plan](https://gov.yearn.fi/t/yip-90-yeth-optimistic-recovery-plan/14573)
**Author:** [@0xPickles](https://gov.yearn.fi/u/0xPickles)\ **Replies:** 26\ **Last updated:** [3 March 2026 15:49 UTC](https://gov.yearn.fi/t/yip-90-yeth-optimistic-recovery-plan/14573 "2026-03-03T15:49:18Z")
Author: 0xPickles tl;dr Zero Principal Spend: No Treasury principal is spent or distributed. Treasury principal is never impaired and remains fully owned by Yearn. Balance Sheet Neutral & Runway Safe: Treasury deploys … --- ## [YIP-89: Proposal to Rotate Multisig Signers](https://gov.yearn.fi/t/yip-89-proposal-to-rotate-multisig-signers/14574)
**Author:** [@wavey0x](https://gov.yearn.fi/u/wavey0x)\ **Replies:** 0\ **Last updated:** [13 December 2025 02:17 UTC](https://gov.yearn.fi/t/yip-89-proposal-to-rotate-multisig-signers/14574 "2025-12-13T02:17:06Z")
YIP-89: Proposal to Rotate Multisig Signers Summary This proposal seeks to rotate a Yearn multisig signer by removing Daryl Lau and adding Omnifient as a replacement. As part of the signer onboarding process, 1 YFI will … --- ## [YIP-69: Reduce and cap fees through yRates](https://gov.yearn.fi/t/yip-69-reduce-and-cap-fees-through-yrates/12588)
**Author:** [@0xJiji](https://gov.yearn.fi/u/0xJiji)\ **Replies:** 10\ **Last updated:** [17 June 2022 08:32 UTC](https://gov.yearn.fi/t/yip-69-reduce-and-cap-fees-through-yrates/12588 "2022-06-17T08:32:16Z")
Authors: banteg, flashfish, jiji, jmonteer, newmickymousse, saltyfacu, wavey Summary Establish a new yTeam, yRates, and transfer to it the “Set Fees” power, with the requirement that earned fees must never exceed the … --- ## [YIP-68: Rotate multisig signers](https://gov.yearn.fi/t/yip-68-rotate-multisig-signers/12582)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 4\ **Last updated:** [16 June 2022 20:57 UTC](https://gov.yearn.fi/t/yip-68-rotate-multisig-signers/12582 "2022-06-16T20:57:12Z")
Summary Replace the three least active multisig signers with new people. After an open call and careful consideration, we’ve selected three candidates: 0xngmi, monoloco, and lefteris. Motivation The multisig has been ef… --- ## [YIP-67: Contribute to the Nomic Foundation](https://gov.yearn.fi/t/yip-67-contribute-to-the-nomic-foundation/12326)
**Author:** [@FrancoNomic](https://gov.yearn.fi/u/FrancoNomic)\ **Replies:** 6\ **Last updated:** [9 March 2022 14:13 UTC](https://gov.yearn.fi/t/yip-67-contribute-to-the-nomic-foundation/12326 "2022-03-09T14:13:59Z")
Should Yearn governance contribute funding to the Nomic Foundation? Summary Nomic Labs, the team behind Hardhat, has become the Nomic Foundation, a non-profit organization dedicated to Ethereum. Our mission is to empowe… --- ## [YIP-66: Streamlining contributor compensation](https://gov.yearn.fi/t/yip-66-streamlining-contributor-compensation/12247)
**Author:** [@0xJiji](https://gov.yearn.fi/u/0xJiji)\ **Replies:** 16\ **Last updated:** [6 February 2022 09:35 UTC](https://gov.yearn.fi/t/yip-66-streamlining-contributor-compensation/12247 "2022-02-06T09:35:57Z")
Authors: 15 members of the Compensation group inc @0xJiji Summary Builds on top of the recently adopted YFI Tokenomics program to simplify Yearn contributor compensation through the introduction of a yDiscount program. … --- ## [YIP-65: Evolving YFI Tokenomics](https://gov.yearn.fi/t/yip-65-evolving-yfi-tokenomics/11994)
**Author:** [@0xJiji](https://gov.yearn.fi/u/0xJiji)\ **Replies:** 25\ **Last updated:** [23 December 2021 11:43 UTC](https://gov.yearn.fi/t/yip-65-evolving-yfi-tokenomics/11994 "2021-12-23T11:43:35Z")
Authors: @0xJiji, @banteg, daryllautk, HAtTip3675, @onlylarping, @vany365, @Wot\_Is\_Goin\_On Summary Evolve the role YFI plays in Yearn over four distinct phases, cementing the vision of the token as the fundamental found… --- ## [YIP-64: Adjust fees on non-stablecoin yVaults](https://gov.yearn.fi/t/yip-64-adjust-fees-on-non-stablecoin-yvaults/11716)
**Author:** [@wavey](https://gov.yearn.fi/u/wavey)\ **Replies:** 8\ **Last updated:** [26 November 2021 17:07 UTC](https://gov.yearn.fi/t/yip-64-adjust-fees-on-non-stablecoin-yvaults/11716 "2021-11-26T17:07:19Z")
This post was drafted with help from @philbert and @saltyfacu :blue\_heart: Summary Experiment with introducing a new fee structure for non-stablecoin\* yVaults: 25% performance (25% increase) 1% management (50% decreas… --- ## [YIP-63: Fund Builder-First Legal Activism DAO](https://gov.yearn.fi/t/yip-63-fund-builder-first-legal-activism-dao/11280)
**Author:** [@lex\_node](https://gov.yearn.fi/u/lex_node)\ **Replies:** 33\ **Last updated:** [14 August 2021 13:21 UTC](https://gov.yearn.fi/t/yip-63-fund-builder-first-legal-activism-dao/11280 "2021-08-14T13:21:57Z")
YIP-63: FUND A BUILDER-FIRST LEGAL ACTIVISM DAO Authors @andre.cronje @tracheopteryx @lex\_node @judge\_jowday @sh\_brennan @birdman\_haxxor Summary/Abstract Amidst intensifying regulatory scrutiny of DeFi, we propose that… --- ## [YIP-61: Governance 2.0](https://gov.yearn.fi/t/yip-61-governance-2-0/10460)
**Author:** [@tracheopteryx](https://gov.yearn.fi/u/tracheopteryx)\ **Replies:** 23\ **Last updated:** [28 April 2021 11:03 UTC](https://gov.yearn.fi/t/yip-61-governance-2-0/10460 "2021-04-28T11:03:18Z")
Authors @tracheopteryx @lex\_node Summary A proposal to establish the future of yearn’s operational governance by extending certain of the Multisig’s\[1\] powers from YIP-41 (Temporarily Empower Multisig)\[2\] on a newly cla… --- ## [YIP-60: Airdrops to Yearn Vaults](https://gov.yearn.fi/t/yip-60-airdrops-to-yearn-vaults/10356)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 19\ **Last updated:** [16 April 2021 07:58 UTC](https://gov.yearn.fi/t/yip-60-airdrops-to-yearn-vaults/10356 "2021-04-16T07:58:10Z")
Authors @lehnberg Summary Formalize how airdrops to Yearn vaults are handled: Tokens that are worth the effort, are sustainably claimed and donated to the affected vault as its want token in order to boost the returns o… --- ## [YIP-56: Buyback and Build](https://gov.yearn.fi/t/yip-56-buyback-and-build/8929)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 112\ **Last updated:** [19 January 2021 19:48 UTC](https://gov.yearn.fi/t/yip-56-buyback-and-build/8929 "2021-01-19T19:48:20Z")
Authors @banteg, @lex\_node, @lehnberg, @milkyklim, @RyanWatkins, @tracheopteryx Summary Use YFI staking rewards to buy back YFI on the open market. Use bought back YFI for contributor rewards and other Yearn initiatives… --- ## [YIP 37: Participate in CRV governance and 2.5x CRV reward boost](https://gov.yearn.fi/t/yip-37-participate-in-crv-governance-and-2-5x-crv-reward-boost/2611)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 109\ **Last updated:** [9 January 2021 09:42 UTC](https://gov.yearn.fi/t/yip-37-participate-in-crv-governance-and-2-5x-crv-reward-boost/2611 "2021-01-09T09:42:42Z")
Authors @andre.cronje @banteg Summary Use early LP rewards to enable YFI holders to participate in Curve DAO governance and vote-lock them for 4 years to boost yVault CRV generation by up to 2.5x. Abstract All vested C… --- ## [YIP 33: Add LINK to yVaults](https://gov.yearn.fi/t/yip-33-add-link-to-yvaults/847)
**Author:** [@franklin](https://gov.yearn.fi/u/franklin)\ **Replies:** 44\ **Last updated:** [26 December 2020 21:52 UTC](https://gov.yearn.fi/t/yip-33-add-link-to-yvaults/847 "2020-12-26T21:52:32Z")
Summary: Proposal to add Chainlink (LINK) as the first asset used as collateral for the upcoming delegated yVaults release in yearn.finance v2. Background: Chainlink is among the highest valued and most liquid ERC-20 … --- ## [YIP-55: Formalize the YIP Process](https://gov.yearn.fi/t/yip-55-formalize-the-yip-process/7959)
**Author:** [@franklin](https://gov.yearn.fi/u/franklin)\ **Replies:** 27\ **Last updated:** [25 November 2020 18:46 UTC](https://gov.yearn.fi/t/yip-55-formalize-the-yip-process/7959 "2020-11-25T18:46:00Z")
Summary: The purpose of this proposal is to standardize the Yearn Improvement Proposal (YIP) introduction, voting, and implementation process that governs the Yearn Finance protocol. Abstract: This proposal formalizes t… --- ## [YIP-54: Formalize Operations Funding](https://gov.yearn.fi/t/yip-54-formalize-operations-funding/7956)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 10\ **Last updated:** [15 November 2020 22:38 UTC](https://gov.yearn.fi/t/yip-54-formalize-operations-funding/7956 "2020-11-15T22:38:46Z")
Authors @banteg, @lehnberg, @lex\_node, @milkyklim, @tracheopteryx Summary Transform the one-off YIP-41 budget into an Operations Fund that is allocated the same amount of funding on a continuous basis. Permit the Fund … --- ## [YIP-50: First step to contributors stash](https://gov.yearn.fi/t/yip-50-first-step-to-contributors-stash/7735)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 6\ **Last updated:** [12 November 2020 23:07 UTC](https://gov.yearn.fi/t/yip-50-first-step-to-contributors-stash/7735 "2020-11-12T23:07:05Z")
Summary: Seize ~8 YFI from treasury contract and use these funds as a first step to create contributors’ stash. Rationale: Normally, all tokens sitting in treasury contract are recycled – sold for yCRV and send as rew… --- ## [YIP-52: Make Strategist Skin in Game Partner for Make Benefit of Glorious Brain of Yearn](https://gov.yearn.fi/t/yip-52-make-strategist-skin-in-game-partner-for-make-benefit-of-glorious-brain-of-yearn/7856)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 44\ **Last updated:** [12 November 2020 23:06 UTC](https://gov.yearn.fi/t/yip-52-make-strategist-skin-in-game-partner-for-make-benefit-of-glorious-brain-of-yearn/7856 "2020-11-12T23:06:20Z")
Authors @banteg, @lehnberg, @milkyklim Summary With 97.5% of the Vault’s performance fee going to the Yearn treasury, Strategists have barely any skin in the game–39x less than Yearn’s Treasury to be precise. Such a mi… --- ## [YIP-51: Set Vault v2 fee structure](https://gov.yearn.fi/t/yip-51-set-vault-v2-fee-structure/7752)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 30\ **Last updated:** [10 November 2020 00:51 UTC](https://gov.yearn.fi/t/yip-51-set-vault-v2-fee-structure/7752 "2020-11-10T00:51:23Z")
Authors @banteg, @lehnberg, @milkyklim, @tracheopteryx Summary Focused proposal to set the fee structure for Vaults v2 to: No withdrawal fee Management fee (2%) Performance fee (20%) The proposal leaves: Total fees… --- ## [YIP-48: Vaults V2 Design](https://gov.yearn.fi/t/yip-48-vaults-v2-design/6658)
**Author:** [@fubuloubu](https://gov.yearn.fi/u/fubuloubu)\ **Replies:** 50\ **Last updated:** [9 November 2020 17:35 UTC](https://gov.yearn.fi/t/yip-48-vaults-v2-design/6658 "2020-11-09T17:35:05Z")
Summary: This YIP proposes a redesign of the Yearn Vaults system to accommodate several improvements meant to increase the robustness, security, and flexibility of the Vaults moving forwards Motivation: The current yV… --- ## [YIP 47: Release fee rewards](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 10\ **Last updated:** [26 September 2020 19:36 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013 "2020-09-26T19:36:26Z")
UPD: Set breaker to true indefinitely as per YIP: Release fee rewards. Summary: Allow people to claim their rewards right now without any on-going voting. Abstract: Multisig will set breaker to true in the governa… --- ## [YIP 36: System Rewards as Operational Capital](https://gov.yearn.fi/t/yip-36-system-rewards-as-operational-capital/2311)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 25\ **Last updated:** [18 September 2020 19:26 UTC](https://gov.yearn.fi/t/yip-36-system-rewards-as-operational-capital/2311 "2020-09-18T19:26:26Z")
Authors @andre.cronje @iTo @n00b @banteg Summary Assign system rewards as operational capital for expenditures instead of streaming them to governance. Abstract Cover operational expenses with no immediate issuance of … --- ## [YIP-44: Improve YIP categories](https://gov.yearn.fi/t/yip-44-improve-yip-categories/3608)
**Author:** [@sambacha](https://gov.yearn.fi/u/sambacha)\ **Replies:** 9\ **Last updated:** [7 September 2020 15:23 UTC](https://gov.yearn.fi/t/yip-44-improve-yip-categories/3608 "2020-09-07T15:23:20Z")
Summary: proposed YIP.md here Add new status(s) to YIPs so that author(s) may better manage their YIPs in the context of community collaboration and so that governance is given the proper procedures to foster communit… --- ## [YIP 46: Upgrade Treasury Vault to solve gas subsidy, gitcoin and more](https://gov.yearn.fi/t/yip-46-upgrade-treasury-vault-to-solve-gas-subsidy-gitcoin-and-more/4732)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 11\ **Last updated:** [7 September 2020 07:23 UTC](https://gov.yearn.fi/t/yip-46-upgrade-treasury-vault-to-solve-gas-subsidy-gitcoin-and-more/4732 "2020-09-07T07:23:04Z")
Authors @banteg Implementers @andre.cronje Summary This proposal bundles a few improvements together which have compounding effects. It will solve for gas subsidy, gitcoin grants, inability to convert other Curve token… --- ## [YIP 42: Add RenBTC to yVaults](https://gov.yearn.fi/t/yip-42-add-renbtc-to-yvaults/3470)
**Author:** [@uhmpeps](https://gov.yearn.fi/u/uhmpeps)\ **Replies:** 89\ **Last updated:** [3 September 2020 08:28 UTC](https://gov.yearn.fi/t/yip-42-add-renbtc-to-yvaults/3470 "2020-09-03T08:28:36Z")
Contributors: @alejoamiras @Arcturus @iTo @learnyearn @orbxball @dudesahn @drolitjie @DeFi\_Ted @popcornkirby @dripdrop Oh my… wBTC has pretty good growth rates as seen on defipulse but as a custodial solution is ham… --- ## [YIP-45: Add a bounty for proposing YIPs that are implemented](https://gov.yearn.fi/t/yip-45-add-a-bounty-for-proposing-yips-that-are-implemented/3337)
**Author:** [@devops199fan](https://gov.yearn.fi/u/devops199fan)\ **Replies:** 9\ **Last updated:** [2 September 2020 23:35 UTC](https://gov.yearn.fi/t/yip-45-add-a-bounty-for-proposing-yips-that-are-implemented/3337 "2020-09-02T23:35:46Z")
Summary: Add a bounty for proposing YIPs that are implemented. Abstract: Implement a $500 yCRV bounty for proposing a YIP that reaches the ‘Implemented’ phase, payable from the treasury. Motivation: This should… --- ## [YIP 40: Replace inactive multisig signers](https://gov.yearn.fi/t/yip-40-replace-inactive-multisig-signers/3535)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 20\ **Last updated:** [29 August 2020 18:44 UTC](https://gov.yearn.fi/t/yip-40-replace-inactive-multisig-signers/3535 "2020-08-29T18:44:35Z")
Authors @cp287 @banteg Summary With more responsibilty for the multisig signers, four of the least active signers have decided to give up their slots for more engaged participants. This proposal replaces the four signer… --- ## [YIP 34: Add Synthetix (SNX) to yVaults](https://gov.yearn.fi/t/yip-34-add-synthetix-snx-to-yvaults/2149)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 30\ **Last updated:** [29 August 2020 12:12 UTC](https://gov.yearn.fi/t/yip-34-add-synthetix-snx-to-yvaults/2149 "2020-08-29T12:12:07Z")
Summary: Add Synthetix (SNX) as the second volatile asset to be used as collateral in delegated yVaults. Abstract: Add Synthetix (SNX) as the second volatile asset to be used as collateral in delegated yVaults. Motiv… [Next page](https://gov.yearn.fi/c/proposals/yips/10.md?page=1)