[Proposal] YFI strategy based on YFI-WOOFY

Proposals Vaults
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Summary

SushiSwap has a liquidity pool for YFI-WOOFY with 9-10%. Converting deposited YFI into WOOFY and supplying pair into LP should result in higher yield than current YFI yield of 0.82% without risk of impermanent loss.

Background

0.82% yield on YFI

Motivation

Providing higher yield for YFI

Specification

Exchange 50% of deposited YFI into WOOFY via woofy.finance
Deposit YFI-WOOFY as LP into SushiSwap

For:

Against:

Poll:

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