Rewards from governance - change to yfi

[jiecut]

Proposal: Change Governance staking rewards to yUSD

Summary: This proposal would change the governance rewards for staking YFI from yCRV to yUSD. (yUSD is the yearn Vault for yCRV). Abstract: Currently the governance staking model rewards YFI stakers with yCRV. This will change staking rewards to yUSD. This will maximize the yield and compounding of the governance staking rewards, and reduce the friction from gas. Motivation: Currently there is 53k yCRV in rewards that have been accrued and haven’t been claimed. Due to high gas costs, m…

Change YFI staking rewards to increased YFI

Summary: This proposal would change the rewards for governance staking YFI from yCRV to increasing YFI shares by purchasing from the market and adding to the staking pool Abstract: Currently the governance staking model rewards stakers with yCRV as a cashflow incentive. I believe that the tokenomics of distributing YFI instead would provide better yield for the governance holders and would better fit the emerging ethos of the yvault products. Motivation: Currently, the yCRV rewards ar…