YIP: Release fee rewards
AI summary
This proposal asks the Yearn DAO to enable immediate claiming of fee rewards for voters. Currently, due to high Ethereum transaction fees, Yearn's governance has moved to off-chain voting, which prevents voters from claiming their earned fee rewards. If passed, the DAO's multisig wallet will activate a 'breaker' in the governance contract, allowing users to claim their rewards instantly without needing further on-chain votes.
If this proposal passes, Yearn voters will be able to claim their accumulated fee rewards immediately, benefiting those who have participated in governance. If it fails, the current situation of delayed reward claiming will continue, potentially disincentivizing voter participation.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
3 votes > 5% VPFull proposal
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. This will allow people to claim rewards instantly.
Motivation:
With current ethereum gas prices 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.
For: Set breaker to true.
Against: Keep things …