YIP-90: yETH Optimistic Recovery Plan

Proposals
27

yETH Snapshot Published

Community Review Window (Deadline: 00:00 UTC, Jan 26)

We’ve published the yETH recovery snapshot repository here:
https://github.com/yearn/yETH-snapshot

This snapshot will be used to determine claimable recovery amounts for the yETH recovery mechanism (per YIP-90). We’re opening a community review window to catch any issues before claims are finalized.

Key parameters

  • Snapshot block: 23914085
  • Snapshot file: snapshot.json (addresses → claim amounts, denominated in ETH)
  • Totals:
    • Total (includes Yearn Treasury exposure): 3,259.415 ETH
    • Yearn Treasury Exposure: 346.962 ETH
    • Net exposure (less Yearn Treasury exposure): 2,912.453 ETH
  • Dust threshold: claims < 0.0001 ETH are omitted (“dust”)
  • Reproducibility: the dataset is reproducible via snapshot.py in the repo
  • Review window: open until 00:00:00 UTC on Monday, Jan 26

Important: snapshot.json represents the baseline entitlements at the snapshot. The Treasury forfeiture is applied for the benefit of users as part of the recovery mechanism (i.e., it is handled during the claim process).

How to provide feedback

Discrepancies / missing addresses

If you believe your address is missing or your amount is incorrect, please open an issue here:
https://github.com/yearn/yETH-snapshot/issues/new?template=snapshot-discrepancy.md

Please include proof as of block 23914085 and any relevant context.

Integrator claim address updates (e.g., Inverse)

For integrators/lending markets, the claimant at the snapshot is typically the protocol contract (per the YIP). If an integrator needs to update which address should receive the claim (e.g., a distributor/claimer address), please submit a Pull Request to the repo.

If you held via an integrator, as described in YIP-90, recovery value is expected to be passed through via the integrator’s process. Yearn does not adjudicate internal allocations among an integrator’s depositors/borrowers.

How to verify your address

  1. Search snapshot.json for your address (case-insensitive).
  2. Confirm you held eligible assets at block 23914085:
    • Direct holders: your EOA should appear.
    • Integrator holders: the integrator contract address should appear (not necessarily your EOA).

Deadline and next steps

Please submit issues/PRs no later than 00:00:00 UTC on Monday, Jan 26.
After that, we’ll treat the snapshot as final for purposes of recovery execution.

Preparation for the recovery process is underway, please continue to monitor this thread for implementation updates and next milestones.

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