# YIP 37: Participate in CRV governance and 2.5x CRV reward boost

**URL:** <https://gov.yearn.fi/t/yip-37-participate-in-crv-governance-and-2-5x-crv-reward-boost/2611>\
**Category:** YIPs\
**Created:** [17 August 2020 09:23 UTC](https://gov.yearn.fi/t/yip-37-participate-in-crv-governance-and-2-5x-crv-reward-boost/2611 "2020-08-17T09:23:44Z")\
**Posts on this page:** 1\
**Showing post:** 1

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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:** [17 August 2020 09:23 UTC](https://gov.yearn.fi/t/yip-37-participate-in-crv-governance-and-2-5x-crv-reward-boost/2611/1 "2020-08-17T09:23:44Z")

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## Authors

@andre.cronje @banteg

## Summary

Use early LP rewards to enable YFI holders to participate in Curve DAO governance and vote-lock them for 4 years to boost yVault CRV generation by up to 2.5x.

## Abstract

All vested CRV tokens earned by StrategyYfii will be vote-locked to give YFI holders voting rights in Curve DAO and to boost the rewards earned by yCRV pool.

## Motivation

yVault currently holds 609,688 CRV with 1 year linear vesting. Starting August 28th, 2020, we can leverage these rewards to increase CRV generation and greatly incentivize capital inflow into Yearn.

## Specification

### Overview

Funnel all the vested CRV into 4 year vote lock and enable delegated voting with it with YFI.

### Rationale

Forum poll snapshot:

- 80% Participate in CRV governance and 2.5x boost

- 12% Distribute to YFI treasury and holders

- 8% Distribute to yVault LPs

### Technical Specification

- Total early LP CRV rewards collected: 609688.7992009243

- Vesting: from 2020-08-13 to 2021-08-13

- Unlocked per day: 1670 CRV

## Discussion

> [@Pre-CRV rewards distribution, liquidation, or boost](http://gov.yearn.fi/t/pre-crv-rewards-distribution-liquidation-or-boost/2481):
>
> Summary: Distribute vested CRV to yyCRV LPs, liquidate the vested CRV and give out as dividends to YFI holders, use vested CRV to vote lock 4 years and give yVault a 2.5x CRV generation boost. Abstract: As mentioned in this tweet; [https://twitter.com/iearnfinance/status/1294872078462717956](https://twitter.com/iearnfinance/status/1294872078462717956) , yVault currently has 609,687 CRV vested with 1670 CRV linearly releasing each day. As this strategy is not codified there needs to be manual intervention. All manual intervention should be dictated by …

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_[View the full topic](https://gov.yearn.fi/t/yip-37-participate-in-crv-governance-and-2-5x-crv-reward-boost/2611)._