# YIP 47: Release fee rewards

**URL:** <https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013>\
**Category:** YIPs\
**Tags:** approved, snapshot, yip\
**Created:** [21 September 2020 11:49 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013 "2020-09-21T11:49:13Z")\
**Posts on this page:** 12\
**Page:** 1

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**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\
**Post date:** [21 September 2020 11:49 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/1 "2020-09-21T11:49:13Z")

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**UPD:** Set `breaker` to `true` indefinitely as per [YIP: Release fee rewards](http://gov.yearn.fi/t/yip-release-fee-rewards/6013/2).

**Summary** :

> Allow people to claim their rewards right now without any on-going voting.

**Abstract** :

> Multisig will set `breaker` to `true` in the governance [contract](https://etherscan.io/address/0xBa37B002AbaFDd8E89a1995dA52740bbC013D992#writeContract). This will allow people to claim rewards instantly.

**Motivation** :

> With current ethereum gas [prices](https://explore.duneanalytics.com/embed/query/6245/visualization/12389?api_key=L5Ck5TNvSPqjtK1ddZhaQjuyDGVuboeaC6AKz41q) governance migrated to snapshot off-chain voting/signaling. While voting and saving on gas fees voters are unable to claim fee rewards acquired by the protocol.

**Specification** :

> No new code will be deployed. If this proposal passes multisig will set `breaker` to `true` in the governance [contract](https://etherscan.io/address/0xBa37B002AbaFDd8E89a1995dA52740bbC013D992#writeContract).

**For** : Set `breaker` to `true`.

**Against** : Keep things as they are now.

**Poll** : [Snapshot](https://snapshot.page/#/yearn/proposal/QmXudfEC9Lo9cv7j89h98WaSsVVMMWa1KKRyN4thgcEhrh)

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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:** [21 September 2020 11:59 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/2 "2020-09-21T11:59:54Z")

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I support with an amendment that we set the breaker on this contract indefinitely until the new governance contract is up.

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**Author:** ![FutureFund](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/futurefund/32/177_2.png) [@FutureFund](https://gov.yearn.fi/u/FutureFund)\
**Post date:** [21 September 2020 12:02 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/3 "2020-09-21T12:02:48Z")

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Agreed. Time to release those rewards and buy up YFI. Time is now!

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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:** [21 September 2020 13:03 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/5 "2020-09-21T13:03:41Z")

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An easy yes vote in my opinion.

As others have stated in previous threads, with no YIPs to vote on we need better ways to claim rewards– and realistically, I’m not sure that we should be tying rewards to voting anyway– but that can be a discussion for the future.

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**Author:** ![spacemonkey](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/spacemonkey/32/1071_2.png) [@spacemonkey](https://gov.yearn.fi/u/spacemonkey)\
**Post date:** [21 September 2020 13:05 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/6 "2020-09-21T13:05:42Z")

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Agreed.  
Some people are waiting to claim their rewards to buy more YFI (and to do other things, of course).

This has my **for** vote.

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**Author:** ![Louis](https://avatars.discourse-cdn.com/v4/letter/l/ecb155/32.png) [@Louis](https://gov.yearn.fi/u/Louis)\
**Post date:** [21 September 2020 14:00 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/7 "2020-09-21T14:00:18Z")

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Agree with the proposal but also as @banteg suggests.

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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:** [21 September 2020 16:27 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/9 "2020-09-21T16:27:31Z")

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yup low hanging fruit

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**Author:** ![jrrrrrrr](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/jrrrrrrr/32/571_2.png) [@jrrrrrrr](https://gov.yearn.fi/u/jrrrrrrr)\
**Post date:** [21 September 2020 18:07 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/10 "2020-09-21T18:07:10Z")

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Lets do this, I will be voting FOR this proposal

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**Author:** ![kakashi](https://avatars.discourse-cdn.com/v4/letter/k/ac91a4/32.png) [@kakashi](https://gov.yearn.fi/u/kakashi)\
**Post date:** [21 September 2020 19:14 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/11 "2020-09-21T19:14:50Z")

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Let it be them.  
Lots of new stuff to arive soon… YFI vault, gov revamp and possibly a withdraw without voting.  
Feels good.

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**Author:** ![iolanik2](https://avatars.discourse-cdn.com/v4/letter/i/3bc359/32.png) [@iolanik2](https://gov.yearn.fi/u/iolanik2)\
**Post date:** [26 September 2020 17:47 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/12 "2020-09-26T17:47:35Z")

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I am for it. Users who stake their YFI should earn rewards in the event there is no voting activity.

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**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\
**Post date:** [26 September 2020 19:36 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/13 "2020-09-26T19:36:26Z")

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[Voting](https://snapshot.page/#/yearn/proposal/QmXudfEC9Lo9cv7j89h98WaSsVVMMWa1KKRyN4thgcEhrh) is concluded with 94.85% for.

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<div class="post-metadata">

**Author:** ![milkyklim](https://avatars.discourse-cdn.com/v4/letter/m/3be4f8/32.png) [@milkyklim](https://gov.yearn.fi/u/milkyklim)\
**Post date:** [26 September 2020 19:36 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013/14 "2020-09-26T19:36:45Z")

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Closed on 26 September 2020 19:36 UTC


