PROPOSAL: Mint 3000 YFI to compensate Andre for his work

Nice. Let’s not get a big head thinking how valuable we are to YFI. Andre was going to get here with or without any of us. He carried us here. Clutch as fuck. He’s Jordan and none of us are Pippen. We are just bench or fair weathered fans. Check the Guinness book of world records and I believe Andre holds the record for founder who created a 1 B Unicorn and received the least amount of compensation.

1 Like

I don’t know if this proposal is still alive, but if it is I really cannot believe that people are taking it seriously (or ever did). If you want to give money to Andre then take a fee from transactions or earnings. Please for the love of all that is holy let us not get into the whole inflationary money printing game. That goes against everything that crypto and DeFi and YFI stand for.

5 Likes

Although I’m against both this and “burn the keys” proposals (both seem premature imo), I’d like to highlight that you seem to be missing the fact that 3000 YFI would’ve been 0 if not for all the amazing work Andre and the team have put into building yearn. 10% for the team doesn’t sound like much to me, but I’d rather talk this when we finish building the protocol and dissolve.

7 Likes

No one said that Andre should not be rewarded, or at least I didn’t. My point is that we ought not act like a Central Bank and print a bunch of coins as a superficially painless way to reward him. if you want to reward him then tax transactions or rewards and pay him from that. DO NOT PRINT MONEY. If you can’t see the difference then we are going to have problems.

5 Likes

Why stop at 3000 then? Why not 300k YFI?

If people want to reward Andre, I’m ALL for it. He’s amazing. I’m just strongly against printing more money to do such rewarding.

Andre’s address is well known. If you want to send him YFi, go for it!

2 Likes

Not everyone made ridiculous amounts. I have family that just bought their first speculative YFI investment. Again no one said dont pay Andre. The only thing we are discussing is how and how much. I am not for a 10% yfi print even if it saves all the dying children in name a country

Edit: meaning play even the most crazy of heart strings i am anti inflation

1 Like

That’s fair and I agree. I was only replying to you because your first post didn’t discuss the how and how much (which is important). It felt more like an attempt to discredit folks who don’t mind inflation and I don’t think that’s very productive to any conversation.

I support this 100% :+1::+1:

2 Likes