# \#approved **URL:** https://gov.yearn.fi/tag/approved/2.md [Latest](https://gov.yearn.fi/latest.md) · [Categories](https://gov.yearn.fi/categories.md) · [Tags](https://gov.yearn.fi/tags.md) --- ## [\[YIP-73\] Activate veYFI rewards with oYFI Gauges](https://gov.yearn.fi/t/yip-73-activate-veyfi-rewards-with-oyfi-gauges/13414)
**Author:** [@0xJiji](https://gov.yearn.fi/u/0xJiji)\ **Replies:** 2\ **Last updated:** [17 July 2023 16:38 UTC](https://gov.yearn.fi/t/yip-73-activate-veyfi-rewards-with-oyfi-gauges/13414 "2023-07-17T16:38:25Z")
Authors: The members of the “veYFI Secret Admirers” working group Summary Introduce the oYFI token for use in the veYFI gauges outlined in YIP-65, define processes, deployment, and the transition towards full immutabil… --- ## [YIP-72: Launch yETH](https://gov.yearn.fi/t/yip-72-launch-yeth/13158)
**Author:** [@0xPickles](https://gov.yearn.fi/u/0xPickles)\ **Replies:** 23\ **Last updated:** [26 April 2023 14:44 UTC](https://gov.yearn.fi/t/yip-72-launch-yeth/13158 "2023-04-26T14:44:32Z")
Authors: 0xkorin, 0xPickles Summary Launch yETH - a permissionless and self-governing representation of a basket of ETH Liquid Staking Tokens (LSDs). Status Discussion This proposal is currently in the discussion phas… --- ## [\[Proposal\] Activate veYFI](https://gov.yearn.fi/t/proposal-activate-veyfi/12783)
**Author:** [@0xJiji](https://gov.yearn.fi/u/0xJiji)\ **Replies:** 2\ **Last updated:** [23 November 2022 06:43 UTC](https://gov.yearn.fi/t/proposal-activate-veyfi/12783 "2022-11-23T06:43:03Z")
Authors: darkghosty flashfish jiji saltyfacu Summary Replace YFI voting with vote-escrowed YFI (veYFI) voting for all future governance proposals. Status Discussion This proposal is currently in the discussion phase. … --- ## [YIP-57: Funding Yearn's Future](https://gov.yearn.fi/t/yip-57-funding-yearns-future/9319)
**Author:** [@tracheopteryx](https://gov.yearn.fi/u/tracheopteryx)\ **Replies:** 178\ **Last updated:** [8 February 2021 00:19 UTC](https://gov.yearn.fi/t/yip-57-funding-yearns-future/9319 "2021-02-08T00:19:32Z")
Authors @aleks-blockchaincap @banteg @dudesahn @ekrenzke @lehnberg @ryanwatkins @srs-parafi @tracheopteryx @vooncer @yfi-cent @milkyklim Summary Safeguard Yearn’s future development. Mint 6,666 YFI. Use ~1/3 of minted Y… --- ## [YIP-56: Buyback and Build](https://gov.yearn.fi/t/yip-56-buyback-and-build/8929)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 112\ **Last updated:** [19 January 2021 19:48 UTC](https://gov.yearn.fi/t/yip-56-buyback-and-build/8929 "2021-01-19T19:48:20Z")
Authors @banteg, @lex\_node, @lehnberg, @milkyklim, @RyanWatkins, @tracheopteryx Summary Use YFI staking rewards to buy back YFI on the open market. Use bought back YFI for contributor rewards and other Yearn initiatives… --- ## [YIP 33: Add LINK to yVaults](https://gov.yearn.fi/t/yip-33-add-link-to-yvaults/847)
**Author:** [@franklin](https://gov.yearn.fi/u/franklin)\ **Replies:** 44\ **Last updated:** [26 December 2020 21:52 UTC](https://gov.yearn.fi/t/yip-33-add-link-to-yvaults/847 "2020-12-26T21:52:32Z")
Summary: Proposal to add Chainlink (LINK) as the first asset used as collateral for the upcoming delegated yVaults release in yearn.finance v2. Background: Chainlink is among the highest valued and most liquid ERC-20 … --- ## [YIP-55: Formalize the YIP Process](https://gov.yearn.fi/t/yip-55-formalize-the-yip-process/7959)
**Author:** [@franklin](https://gov.yearn.fi/u/franklin)\ **Replies:** 27\ **Last updated:** [25 November 2020 18:46 UTC](https://gov.yearn.fi/t/yip-55-formalize-the-yip-process/7959 "2020-11-25T18:46:00Z")
Summary: The purpose of this proposal is to standardize the Yearn Improvement Proposal (YIP) introduction, voting, and implementation process that governs the Yearn Finance protocol. Abstract: This proposal formalizes t… --- ## [YIP-53: yAcademy: Planting the Seed of a Sustainably Secure Future for Yearn and Beyond](https://gov.yearn.fi/t/yip-53-yacademy-planting-the-seed-of-a-sustainably-secure-future-for-yearn-and-beyond/7929)
**Author:** [@alizk](https://gov.yearn.fi/u/alizk)\ **Replies:** 14\ **Last updated:** [16 November 2020 03:56 UTC](https://gov.yearn.fi/t/yip-53-yacademy-planting-the-seed-of-a-sustainably-secure-future-for-yearn-and-beyond/7929 "2020-11-16T03:56:51Z")
This is the culmination of efforts since the original proposal which led to a partnership with our friends at Gitcoin and Status who also have been thinking about security in our ecosystem. Simple Summary We launch the… --- ## [YIP-54: Formalize Operations Funding](https://gov.yearn.fi/t/yip-54-formalize-operations-funding/7956)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 10\ **Last updated:** [15 November 2020 22:38 UTC](https://gov.yearn.fi/t/yip-54-formalize-operations-funding/7956 "2020-11-15T22:38:46Z")
Authors @banteg, @lehnberg, @lex\_node, @milkyklim, @tracheopteryx Summary Transform the one-off YIP-41 budget into an Operations Fund that is allocated the same amount of funding on a continuous basis. Permit the Fund … --- ## [YIP-50: First step to contributors stash](https://gov.yearn.fi/t/yip-50-first-step-to-contributors-stash/7735)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 6\ **Last updated:** [12 November 2020 23:07 UTC](https://gov.yearn.fi/t/yip-50-first-step-to-contributors-stash/7735 "2020-11-12T23:07:05Z")
Summary: Seize ~8 YFI from treasury contract and use these funds as a first step to create contributors’ stash. Rationale: Normally, all tokens sitting in treasury contract are recycled – sold for yCRV and send as rew… --- ## [YIP-52: Make Strategist Skin in Game Partner for Make Benefit of Glorious Brain of Yearn](https://gov.yearn.fi/t/yip-52-make-strategist-skin-in-game-partner-for-make-benefit-of-glorious-brain-of-yearn/7856)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 44\ **Last updated:** [12 November 2020 23:06 UTC](https://gov.yearn.fi/t/yip-52-make-strategist-skin-in-game-partner-for-make-benefit-of-glorious-brain-of-yearn/7856 "2020-11-12T23:06:20Z")
Authors @banteg, @lehnberg, @milkyklim Summary With 97.5% of the Vault’s performance fee going to the Yearn treasury, Strategists have barely any skin in the game–39x less than Yearn’s Treasury to be precise. Such a mi… --- ## [YIP-51: Set Vault v2 fee structure](https://gov.yearn.fi/t/yip-51-set-vault-v2-fee-structure/7752)
**Author:** [@lehnberg](https://gov.yearn.fi/u/lehnberg)\ **Replies:** 30\ **Last updated:** [10 November 2020 00:51 UTC](https://gov.yearn.fi/t/yip-51-set-vault-v2-fee-structure/7752 "2020-11-10T00:51:23Z")
Authors @banteg, @lehnberg, @milkyklim, @tracheopteryx Summary Focused proposal to set the fee structure for Vaults v2 to: No withdrawal fee Management fee (2%) Performance fee (20%) The proposal leaves: Total fees… --- ## [YIP-48: Vaults V2 Design](https://gov.yearn.fi/t/yip-48-vaults-v2-design/6658)
**Author:** [@fubuloubu](https://gov.yearn.fi/u/fubuloubu)\ **Replies:** 50\ **Last updated:** [9 November 2020 17:35 UTC](https://gov.yearn.fi/t/yip-48-vaults-v2-design/6658 "2020-11-09T17:35:05Z")
Summary: This YIP proposes a redesign of the Yearn Vaults system to accommodate several improvements meant to increase the robustness, security, and flexibility of the Vaults moving forwards Motivation: The current yV… --- ## [Raise the salary of core team member banteg](https://gov.yearn.fi/t/raise-the-salary-of-core-team-member-banteg/6436)
**Author:** [@alizk](https://gov.yearn.fi/u/alizk)\ **Replies:** 50\ **Last updated:** [4 October 2020 23:07 UTC](https://gov.yearn.fi/t/raise-the-salary-of-core-team-member-banteg/6436 "2020-10-04T23:07:50Z")
Simple Summary Increase the monthly salary of core team member @banteg to 150K per year (12.5k per month). This represents a ~56% increase of the current 96k per year (8k per month). The current 96k represents an entry-… --- ## [YIP 47: Release fee rewards](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 10\ **Last updated:** [26 September 2020 19:36 UTC](https://gov.yearn.fi/t/yip-47-release-fee-rewards/6013 "2020-09-26T19:36:26Z")
UPD: Set breaker to true indefinitely as per YIP: Release fee rewards. Summary: Allow people to claim their rewards right now without any on-going voting. Abstract: Multisig will set breaker to true in the governa… --- ## [YIP 36: System Rewards as Operational Capital](https://gov.yearn.fi/t/yip-36-system-rewards-as-operational-capital/2311)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 25\ **Last updated:** [18 September 2020 19:26 UTC](https://gov.yearn.fi/t/yip-36-system-rewards-as-operational-capital/2311 "2020-09-18T19:26:26Z")
Authors @andre.cronje @iTo @n00b @banteg Summary Assign system rewards as operational capital for expenditures instead of streaming them to governance. Abstract Cover operational expenses with no immediate issuance of … --- ## [YIP-44: Improve YIP categories](https://gov.yearn.fi/t/yip-44-improve-yip-categories/3608)
**Author:** [@sambacha](https://gov.yearn.fi/u/sambacha)\ **Replies:** 9\ **Last updated:** [7 September 2020 15:23 UTC](https://gov.yearn.fi/t/yip-44-improve-yip-categories/3608 "2020-09-07T15:23:20Z")
Summary: proposed YIP.md here Add new status(s) to YIPs so that author(s) may better manage their YIPs in the context of community collaboration and so that governance is given the proper procedures to foster communit… --- ## [YIP 46: Upgrade Treasury Vault to solve gas subsidy, gitcoin and more](https://gov.yearn.fi/t/yip-46-upgrade-treasury-vault-to-solve-gas-subsidy-gitcoin-and-more/4732)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 11\ **Last updated:** [7 September 2020 07:23 UTC](https://gov.yearn.fi/t/yip-46-upgrade-treasury-vault-to-solve-gas-subsidy-gitcoin-and-more/4732 "2020-09-07T07:23:04Z")
Authors @banteg Implementers @andre.cronje Summary This proposal bundles a few improvements together which have compounding effects. It will solve for gas subsidy, gitcoin grants, inability to convert other Curve token… --- ## [YIP-45: Add a bounty for proposing YIPs that are implemented](https://gov.yearn.fi/t/yip-45-add-a-bounty-for-proposing-yips-that-are-implemented/3337)
**Author:** [@devops199fan](https://gov.yearn.fi/u/devops199fan)\ **Replies:** 9\ **Last updated:** [2 September 2020 23:35 UTC](https://gov.yearn.fi/t/yip-45-add-a-bounty-for-proposing-yips-that-are-implemented/3337 "2020-09-02T23:35:46Z")
Summary: Add a bounty for proposing YIPs that are implemented. Abstract: Implement a $500 yCRV bounty for proposing a YIP that reaches the ‘Implemented’ phase, payable from the treasury. Motivation: This should… --- ## [YIP 40: Replace inactive multisig signers](https://gov.yearn.fi/t/yip-40-replace-inactive-multisig-signers/3535)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 20\ **Last updated:** [29 August 2020 18:44 UTC](https://gov.yearn.fi/t/yip-40-replace-inactive-multisig-signers/3535 "2020-08-29T18:44:35Z")
Authors @cp287 @banteg Summary With more responsibilty for the multisig signers, four of the least active signers have decided to give up their slots for more engaged participants. This proposal replaces the four signer… --- ## [YIP 34: Add Synthetix (SNX) to yVaults](https://gov.yearn.fi/t/yip-34-add-synthetix-snx-to-yvaults/2149)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 30\ **Last updated:** [29 August 2020 12:12 UTC](https://gov.yearn.fi/t/yip-34-add-synthetix-snx-to-yvaults/2149 "2020-08-29T12:12:07Z")
Summary: Add Synthetix (SNX) as the second volatile asset to be used as collateral in delegated yVaults. Abstract: Add Synthetix (SNX) as the second volatile asset to be used as collateral in delegated yVaults. Motiv… --- ## [YIP 41: Temporarily Empower Multisig](https://gov.yearn.fi/t/yip-41-temporarily-empower-multisig/3630)
**Author:** [@banteg](https://gov.yearn.fi/u/banteg)\ **Replies:** 12\ **Last updated:** [28 August 2020 07:54 UTC](https://gov.yearn.fi/t/yip-41-temporarily-empower-multisig/3630 "2020-08-28T07:54:36Z")
Authors @tracheopteryx @Substreight @franklin @vooncer @anderson Summary Temporarily empower the Multisig members to make basic, limited operational decisions including budgetary expenditures, protocol grants, and hirin… --- ## [YIP 38: Distribute/Keep Balancer Rewards](https://gov.yearn.fi/t/yip-38-distribute-keep-balancer-rewards/2436)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 12\ **Last updated:** [23 August 2020 18:30 UTC](https://gov.yearn.fi/t/yip-38-distribute-keep-balancer-rewards/2436 "2020-08-23T18:30:44Z")
Summary: Keep seized $BAL tokens as part of operational capital instead of distributing to old governance pool $BPT stakers. Abstract: ~891 $BAL (~18500$) tokens were sent to one of the previous distribution pools.… --- ## [Proposal: Rebrand $yCRV as $yUSD](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569)
**Author:** [@learnyearn](https://gov.yearn.fi/u/learnyearn)\ **Replies:** 33\ **Last updated:** [22 August 2020 22:13 UTC](https://gov.yearn.fi/t/proposal-rebrand-ycrv-as-yusd/2569 "2020-08-22T22:13:50Z")
Simple Summary $yCRV is confusing. $yUSD will be recognized as a YEARN product. Motivation We’ll quote @yfi\_whale here: Currently, in the crypto space, stablecoins are used for transfers, margining, borrow/lending.… --- ## [YIP 35: Distribute Donations vs Purchase YFI](https://gov.yearn.fi/t/yip-35-distribute-donations-vs-purchase-yfi/2244)
**Author:** [@andre.cronje](https://gov.yearn.fi/u/andre.cronje)\ **Replies:** 12\ **Last updated:** [13 August 2020 07:59 UTC](https://gov.yearn.fi/t/yip-35-distribute-donations-vs-purchase-yfi/2244 "2020-08-13T07:59:20Z")
Summary: Allow donors who donated to claim back donations or leave them to be used to purchase YFI Abstract: While I am very appreciative of the donations, the article was a gross misrepresentation of our discussio… --- ## [YIP 32: Remove YFI burning](https://gov.yearn.fi/t/yip-32-remove-yfi-burning/1907)
**Author:** [@milkyklim](https://gov.yearn.fi/u/milkyklim)\ **Replies:** 17\ **Last updated:** [4 August 2020 23:54 UTC](https://gov.yearn.fi/t/yip-32-remove-yfi-burning/1907 "2020-08-04T23:54:11Z")
Re-submission of proposal 1 which didn’t reach quorum but decision should be made Summary: Remove YFI burning from the protocol. Abstract: YFI represents a claim on yEarn protocol fees. To claim fees, YFI can either … --- ## [YIP 12: reducing the quorum for accepting proposal](https://gov.yearn.fi/t/yip-12-reducing-the-quorum-for-accepting-proposal/578)
**Author:** [@cp287](https://gov.yearn.fi/u/cp287)\ **Replies:** 38\ **Last updated:** [27 July 2020 05:04 UTC](https://gov.yearn.fi/t/yip-12-reducing-the-quorum-for-accepting-proposal/578 "2020-07-27T05:04:01Z")
Simple Summay At the moment, it is difficult for the yEarn governance mechanism to achieve a quorum of 33%. For the governance system to function, the threshold must be lowered so that at least some decisions can be made… --- ## [YIP 10: Transitionary YFI Only Voting](https://gov.yearn.fi/t/yip-10-transitionary-yfi-only-voting/481)
**Author:** [@rewkang](https://gov.yearn.fi/u/rewkang)\ **Replies:** 70\ **Last updated:** [26 July 2020 15:43 UTC](https://gov.yearn.fi/t/yip-10-transitionary-yfi-only-voting/481 "2020-07-26T15:43:35Z")
Simple Summary The current yEarn governance mechanism puts the protocol at risk of a hostile takeover. The best immediate course of action would be to temporarily transition the protocol to a new voting contract recently… --- ## [Proposal 0: YFI Supply](https://gov.yearn.fi/t/proposal-0-yfi-supply/24)
**Author:** [@Coopahtroopa](https://gov.yearn.fi/u/Coopahtroopa)\ **Replies:** 74\ **Last updated:** [22 July 2020 14:52 UTC](https://gov.yearn.fi/t/proposal-0-yfi-supply/24 "2020-07-22T14:52:45Z")
Vote live on https://ygov.finance/vote under “0” Context: The total supply of YFI is 30,000. 10,000 YFI is allocated evenly between the yEarn, Balancer, and Governance pools for liquidity mining. This proposal decide…