Summary
Improve public-facing visibility of Fees on Vaults
Background
- Current Vault Fee structures are dependent on multiple variables (including difficulty/complexity), and thus, have different Strategist and Fee structures.
- A recent reduction in Fees has created a 0/10 Fee structure for most Vaults:
- However, Fee structures for Vaults are difficult to find, and not readily available for quick reference to Yearn Users.
Motivation
Due to the evolutionary growth of Yearn’s Fee structures, there is a lack of transparency on the Fee structures for each given Vault.
A move to greater transparency will provide another dataset that Yearn and Users can both utilize in their investment decisions, and will be helpful in making additional improvements to Yearn’s strategies & tokenomics in the future.
There have also been community members in Discord requesting the Fees be made more publicly available and/or changed (including a call to a 0/10 Performance-only Fee structure).
With the Fee structures more accessible, Yearn and the Community will be able to re-evaluate existing Performance/Management Fees currently being assessed, and discuss how to better address these Fee structures going forward.
Specification
Ideas to promote visibility:
- Integrate fee structures to UI on yearn.finance/vaults.
- Add hyperlink directing to a detailed breakdown of Fee structures per Vault at end of “Fees” section on Yearn Vaults.
A quick(?) fix: https://yearn.watch/ - “Warnings” seem to be identifying invalid values and “zero” for Performance Fees and Management Fees, and therefore it appears those datasets are already being tracked/identified. Could this be used to reference and assign Fee values to the Vaults? See pic for reference:
For:
Identify and integrate Fee structures for each Vault so they are easy to find by the average Yearn User.
Against:
Leave as-is.
Poll
