We are not obliged to agree to anything with YFII or even give them a voice in our process. We do not have to cede anything. We do not need their support, We do not need to make them happy. As far as I am concerned, YFII has attempted to subvert our governance process by demanding a concession.
Subversion is not collaboration. If YFII holders want to participate in YFI governance, they can purchase YFI on the open market.
There is absolutely no excuse to come into our governance forum and demand a share of governance. This is analogous to company stealing another companies intellectual property, then demanding shares and a seat at directors table of the company they stole from. Yes, YFI is open source, but the spirit is the same.
As far as yield sharing is concerned, as long as we are profiting off of their capital, then I suppose that they may be eligible for a small fee. If it were up to me, I would blacklist YFII from any revenue sharing initiatives.
You do have a valid pointā¦we should not be encouraging blatent attacks on the governence eitherā¦just sets a bad precedentā¦curious to hear other thoughtful commentsā¦
100% against. This would be a terrible precedent to set. Iām not for censorship, but this is an attack on the governance of YFI, and should be treated as such.
Im all about YFII filling the āB roleā token with no voting and a 10% profit share from the amount its platform brings into YFI only. Same for all of YFIs platforms should be making a B token in my opinion that acts for incentive. Disclaimer: i voted no on 30, so i am hoping B tokens can be our incentive, not YFI. 30k or 50k tokens has no additional power where power is measured by capital backing or decision making abilities
Edit: however this would be prioritized after the YFI minting keys are burned. Until then i dont want so many prints and rewards we need to know how much investors are about to be diluted
Absolutely ā¦ suggesting a YFI dilution for the YFII copypasta is an attack on governance and should be treated as such. Focus on this and nothing else. Resist this at all costs. Sell if proposed on chain, or even if it is seriously discussed beyond this thread.
To even entertain this āproposalā further is evidence of weakness in our governance process. Locking the thread amounts to asserting control and protecting YFI stakeholders from usurpation.
