Am I missing something ? As stated in strategy collateralization ratio should be close 200%.
It is undergoing a unwinding process in order to implement a new strategy that will be launched for the yETH vault.
Is there a way to have details about this strategy? does it involve another maker vault ?
I would reference the new newsletter https://yearn.substack.com/p/yearn-finance-newsletter-1
"The vault is currently in the process of being unwound (DAI paid off) in order to implement new improvements and optimizations, not because of excessive risk. A new v2 yETH strategy will launch once this process is complete."
Thanks for the answer here.
I assume we will need to withdrawal and redeposit when the new strategy is live? The migration to the new strategy won’t happen automatically, will it?
Vault migrations happen automatically.