# Reward authors of innovative strategies

**URL:** <https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782>\
**Category:** Vaults\
**Created:** [27 August 2020 08:25 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782 "2020-08-27T08:25:36Z")\
**Posts on this page:** 13\
**Page:** 2

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**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:** [30 August 2020 13:19 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/21 "2020-08-30T13:19:47Z")

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wow this is an interesting idea!

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**Author:** ![LapisLime](https://avatars.discourse-cdn.com/v4/letter/l/91b2a8/32.png) [@LapisLime](https://gov.yearn.fi/u/LapisLime)\
**Post date:** [30 August 2020 15:54 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/22 "2020-08-30T15:54:18Z")

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Interesting. How likely is it that the rewards would be sufficient to meaningly make vault holders whole? Something that fails on day one could be very costly and there would be little in terms of rewards to help.

> [@rgalloway](#):
>
> This way the strategists have skin in the game without having to enter the vault themselves.

Should we consider options if the creator did have skin in the game through participating in the vault? What if they agreed to lock $xxx for as long as thier strategy were implemented? Or for a certain period of time?

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**Author:** ![cnumber](https://avatars.discourse-cdn.com/v4/letter/c/ecb155/32.png) [@cnumber](https://gov.yearn.fi/u/cnumber)\
**Post date:** [30 August 2020 15:58 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/23 "2020-08-30T15:58:17Z")

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Guys while we are on the topic of rewards. Lets think about the motivating factors of why somebody would want to create a vault strategy at this point.

Surley if someone has the skills to comeup with any strategy that is worth its weight…they probably can/or already making a lot more money monetizing their skills somewhere else…

The real financial reward for this person probably matters a lot less than being part of something meaningful…a cause…(i would assume a guy who can write a decent strategy is probably already making good money…)

Working with yearn would be a good alignment of cause and ofcousre a fair partnership interms of monetary gains…and a badge of honor to be a strategy creator…

Think its good to keep this angle in mind as we discuss this topic…because its not really amout the comission% per se…at least for the right person it should not be a big deciding factor…

We gotta make the messaging very clear…"why would somebody want to create a YStrategy?

ANSWER: because they are a M\*\*\*\*\* Fing BADASS ROCK STAR!!! Thats y…

ITS ABOUT THE CHALLENGE!! 🙂

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**Author:** ![LapisLime](https://avatars.discourse-cdn.com/v4/letter/l/91b2a8/32.png) [@LapisLime](https://gov.yearn.fi/u/LapisLime)\
**Post date:** [30 August 2020 16:21 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/24 "2020-08-30T16:21:35Z")

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I agree that for some, the challenge is more meaningful than the monetary rewards. Some however may take their skills elsewhere if they are not compensated. If they only add 0.5% to the yield I can get without their strategy, I may not care, but if they add an additional 10% I want them to share that with the vault.

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**Author:** ![boatonagoat](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/boatonagoat/32/252_2.png) [@boatonagoat](https://gov.yearn.fi/u/boatonagoat)\
**Post date:** [30 August 2020 16:35 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/25 "2020-08-30T16:35:05Z")

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I don’t think status alone will be enough.

As others have mentioned, if we don’t reward people who come up with good strats, there’s nothing stopping them from joining some other fork of YFI that _does_ pay them.

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**Author:** ![banteg](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/banteg/32/3608_2.png) [@banteg](https://gov.yearn.fi/u/banteg)\
**Post date:** [30 August 2020 16:46 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/26 "2020-08-30T16:46:40Z")

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Few strategies could benefit from the large amount of capital deployed which yearn can offer. A rare example of this would be the upcoming yCRV strategy which allows for a huge influence over Curve DAO.

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**Author:** ![LapisLime](https://avatars.discourse-cdn.com/v4/letter/l/91b2a8/32.png) [@LapisLime](https://gov.yearn.fi/u/LapisLime)\
**Post date:** [30 August 2020 17:16 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/27 "2020-08-30T17:16:03Z")

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That suggests a small percent reward to the strategy developer and a large percent to Yearn, which offers the capital sufficient to make the strategy work. That is where I landed. Is this true of all strategies, however?

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**Author:** ![rgalloway](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/rgalloway/32/4823_2.png) [@rgalloway](https://gov.yearn.fi/u/rgalloway)\
**Post date:** [30 August 2020 17:18 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/28 "2020-08-30T17:18:33Z")

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I know this is controversial, but this is the kind of situation where it would be nice to be able to reward strategy developers in YFI itself to better align incentives.

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**Author:** ![LapisLime](https://avatars.discourse-cdn.com/v4/letter/l/91b2a8/32.png) [@LapisLime](https://gov.yearn.fi/u/LapisLime)\
**Post date:** [30 August 2020 17:44 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/29 "2020-08-30T17:44:48Z")

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I ask sincerely: why would it not align incentives to pay in the token used by the strategy?

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**Author:** ![cnumber](https://avatars.discourse-cdn.com/v4/letter/c/ecb155/32.png) [@cnumber](https://gov.yearn.fi/u/cnumber)\
**Post date:** [30 August 2020 18:06 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/30 "2020-08-30T18:06:55Z")

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Yes!! I completley agree that we need a robust well thought out reward plan in place. Just wanted to highlight some of our builtin advantages in attracting talent. 🙂

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**Author:** ![rgalloway](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/rgalloway/32/4823_2.png) [@rgalloway](https://gov.yearn.fi/u/rgalloway)\
**Post date:** [31 August 2020 14:07 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/31 "2020-08-31T14:07:37Z")

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Yeah, maybe it doesn’t really matter. It is trivially easy to swap from ycrv to YFI so probably a moot point.

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**Author:** ![banteg](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/banteg/32/3608_2.png) [@banteg](https://gov.yearn.fi/u/banteg)\
**Post date:** [2 September 2020 04:42 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/32 "2020-09-02T04:42:55Z")

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This has been **implemented**. The new yWETH vault splits the 5% performance fee between governance and strategist (@orbxball) in 90/10 split.

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**Author:** ![dudesahn](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dudesahn/32/4350_2.png) [@dudesahn](https://gov.yearn.fi/u/dudesahn)\
**Post date:** [11 January 2021 20:37 UTC](https://gov.yearn.fi/t/reward-authors-of-innovative-strategies/3782/34 "2021-01-11T20:37:35Z")

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Closed on 11 January 2021 20:37 UTC



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