# \[Poll\] Next Token for yVaults **URL:** \ **Category:** Vaults\ **Created:** [28 July 2020 19:36 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314 "2020-07-28T19:36:09Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Post date:** [28 July 2020 19:36 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/1 "2020-07-28T19:36:09Z")
**Summary** : As yVaults are out with USDC, it is time to decide which token should be added next. I’ll start the discussion with - BNT - DAI - ETH - KNC - LEND - LINK - MKR - NMR - PNK - REN - renBTC - RLC - SNX - UBT - USDT - wBTC but I’ll collect tokens from comments and kick-off voting tomorrow. **Abstract** : Whichever token wins will be added to [https://yearn.finance/vaults](https://yearn.finance/vaults) first. So, choose wisely. **Motivation** : As of now, only USDC is available in the system but it’s time to get rolling and bring more fees to the system. Remember that we are looking for the best candidate that has decentralization, volume, adequate code base and community. **Poll** : **Ref:** - [Add LINK as the first asset for the upcoming delegated yVaults release](http://gov.yearn.fi/t/add-link-as-the-first-asset-for-the-upcoming-delegated-yvaults-release/847) - [LINK yVaults and LINK node staking aggregator](http://gov.yearn.fi/t/link-yvaults-and-link-node-staking-aggregator/1290) - [[POLL] What's your preferred BTC for a yToken and yVault?](http://gov.yearn.fi/t/poll-whats-your-preferred-btc-for-a-ytoken-and-yvault/1124/2) ---
**Author:** ![Joey](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/joey/32/350_2.png) [@Joey](https://gov.yearn.fi/u/Joey)\ **Post date:** [28 July 2020 19:40 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/2 "2020-07-28T19:40:08Z")
I think ren, iexec, unibright, or kleros deserve as much consideration as LINK or SNX. ---
**Author:** ![elguapo](https://avatars.discourse-cdn.com/v4/letter/e/ecae2f/32.png) [@elguapo](https://gov.yearn.fi/u/elguapo)\ **Post date:** [28 July 2020 19:55 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/3 "2020-07-28T19:55:45Z")
If we’re looking for mass adoption it has to be $LINK! ---
**Author:** ![1centwhale](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/1centwhale/32/2872_2.png) [@1centwhale](https://gov.yearn.fi/u/1centwhale)\ **Post date:** [28 July 2020 20:10 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/4 "2020-07-28T20:10:49Z")
Dai, LINK, SNX and wBTC (ideally in that order lol) ---
**Author:** ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)\ **Post date:** [28 July 2020 20:21 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/6 "2020-07-28T20:21:56Z")
Why not just add tokens with higher marketcap first? ---
**Author:** ![Cicada](https://avatars.discourse-cdn.com/v4/letter/c/ac8455/32.png) [@Cicada](https://gov.yearn.fi/u/Cicada)\ **Post date:** [28 July 2020 20:31 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/7 "2020-07-28T20:31:29Z")
Ren is better choose at this moment ---
**Author:** ![aaron](https://avatars.discourse-cdn.com/v4/letter/a/e19adc/32.png) [@aaron](https://gov.yearn.fi/u/aaron)\ **Post date:** [28 July 2020 21:31 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/9 "2020-07-28T21:31:47Z")
Stablecoins arent necessarily a source of untapped liquidity, LINK and weth/wbtc have already been touted because they have immediate conversion potential of users who are seeking yield. Making BTC \> renBTC \> yrenBTC and reverse process back to BTC easy is the two step alternative vs the three step centralized signup process. . ---
**Author:** ![abdfht](https://avatars.discourse-cdn.com/v4/letter/a/6f9a4e/32.png) [@abdfht](https://gov.yearn.fi/u/abdfht)\ **Post date:** [28 July 2020 21:38 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/10 "2020-07-28T21:38:19Z")
renBTC will be available on many chains, no KYC… ---
**Author:** ![Alequito](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/alequito/32/352_2.png) [@Alequito](https://gov.yearn.fi/u/Alequito)\ **Post date:** [28 July 2020 23:07 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/11 "2020-07-28T23:07:10Z")
Ren is the safest best ---
**Author:** ![franklin](https://avatars.discourse-cdn.com/v4/letter/f/3e96dc/32.png) [@franklin](https://gov.yearn.fi/u/franklin)\ **Post date:** [29 July 2020 00:05 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/12 "2020-07-29T00:05:39Z")
We have an on-going vote here: > [@YIP 33: Add LINK to yVaults](http://gov.yearn.fi/t/add-link-as-the-first-asset-for-the-upcoming-delegated-yvaults-release/847/29): > > Tweets are not YIPs. The current voting UI would’ve been discontinued before this proposal could’ve had a chance to pass. Please wait for YIP 10 to be implemented, then submit the proposal as YIP for on-chain voting. BPT from the governance pool will also be unlocked when the new voting contract is deployed. Shouldn’t be more than a day or two. Be sure to vote. Now that the new governance contract is uploaded top 2 choices in this poll can be put on-chain for a formal proposal. Another 12 hours for this poll should be sufficient, since its been going for 3 days. We can move to the next assets following that. Official twitter mentioned only one coin to start, excluding USDC. ---
**Author:** ![Nub](https://avatars.discourse-cdn.com/v4/letter/n/ccd318/32.png) [@Nub](https://gov.yearn.fi/u/Nub)\ **Post date:** [29 July 2020 01:32 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/13 "2020-07-29T01:32:51Z")
This is the second one of these that was created that doesn’t contain Eth. Am I missing something. Is there a particular reason why Eth was omitted? I feel like it is the obvious choice, but maybe I’m missing something. ---
**Author:** ![franklin](https://avatars.discourse-cdn.com/v4/letter/f/3e96dc/32.png) [@franklin](https://gov.yearn.fi/u/franklin)\ **Post date:** [29 July 2020 02:29 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/14 "2020-07-29T02:29:44Z")
Updated poll includes ETH be sure to vote. ---
**Author:** ![Governor](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/governor/32/894_2.png) [@Governor](https://gov.yearn.fi/u/Governor)\ **Post date:** [29 July 2020 03:13 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/15 "2020-07-29T03:13:12Z")
LINK, LEND, KNC and SNX. ---
**Author:** ![Lmaxim](https://avatars.discourse-cdn.com/v4/letter/l/c57346/32.png) [@Lmaxim](https://gov.yearn.fi/u/Lmaxim)\ **Post date:** [29 July 2020 06:07 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/16 "2020-07-29T06:07:09Z")
Dai, eth, usdt and link ---
**Author:** ![500bitcoins](https://avatars.discourse-cdn.com/v4/letter/5/71c47a/32.png) [@500bitcoins](https://gov.yearn.fi/u/500bitcoins)\ **Post date:** [29 July 2020 06:31 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/17 "2020-07-29T06:31:54Z")
> [@milkyklim](#): > > - BNT > - DAI > - KNC > - LEND > - LINK > - NMR > - PNK > - REN > - renBTC > - RLC > - SNX > - UBT > - wBTC MKR might be a good choice? ---
**Author:** ![pcb3](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/pcb3/32/301_2.png) [@pcb3](https://gov.yearn.fi/u/pcb3)\ **Post date:** [29 July 2020 09:28 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/18 "2020-07-29T09:28:27Z")
I second renBTC for the huge potential liquidity that we could source from BTC. ---
**Author:** ![Thomm](https://avatars.discourse-cdn.com/v4/letter/t/e480ec/32.png) [@Thomm](https://gov.yearn.fi/u/Thomm)\ **Post date:** [29 July 2020 09:40 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/19 "2020-07-29T09:40:21Z")
renBTC because it is trustless and fast, great way to source liquidity from BTC and many other chains in the future ---
**Author:** ![nightmayoralty](https://avatars.discourse-cdn.com/v4/letter/n/838e76/32.png) [@nightmayoralty](https://gov.yearn.fi/u/nightmayoralty)\ **Post date:** [29 July 2020 10:48 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/20 "2020-07-29T10:48:38Z")
We should be targeting coins that have no native yield and we can provide a good yield on: so yes, wrapped BTC, LINK, stablecoins etc. SNX already has lots of options to earn yield (just staking it on the platform) so unlikely people will move SNX to yfi from natively staking? Or would the pool automate the collection of rewards… if so I’d move across as there’s high gas fees every week to collect SNX rewards… so it would be a good add. But complications with managing synthetic debt and stuff mean I’m not sure its possible. I see people suggesting stuff like ren, iexec, unibright etc. but realistically these have comparatively lower volume, value & community so should not be first choices. ---
**Author:** ![cryptoyieldinfo](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/cryptoyieldinfo/32/363_2.png) [@cryptoyieldinfo](https://gov.yearn.fi/u/cryptoyieldinfo)\ **Post date:** [29 July 2020 11:45 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/21 "2020-07-29T11:45:44Z")
renBTC please. Need a way to get yield on BTC without risks of wBTC. If that happened I would move over the final lot of ancient cold storage BTC. I am sure many others would. ---
**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Post date:** [29 July 2020 13:43 UTC](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314/22 "2020-07-29T13:43:33Z")
@franklin My bad, I’ve linked that post but didn’t realize that title and poll inside don’t match. I keep this thread running to collect sentiment. But overall, seems like LINK will be winner anyways. [Next page](https://gov.yearn.fi/t/poll-next-token-for-yvaults/1314.md?page=2)