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Yearn · closed proposal

yAcademy: Planting the Seed of a Sustainably Secure Future for yEarn and Beyond

0x7A10…4c67·ended 5y ago·MEDIUM RISK
🐳 Whale activity
Voters
141
YFI voted
937
≈$2.14M
Token price
$2282

AI summary

This proposal seeks to launch yAcademy, an internal security auditing arm for Yearn. Its primary goal is to audit Yearn's smart contracts, attract and retain top security talent, and eventually generate revenue by offering auditing services to other projects. The academy aims to be self-sustaining by converting audit expenses into an investment, with administrative costs kept low through partnerships with Gitcoin and Status for advocacy and curriculum development. Equity in yAcademy will be distributed among YFI governors, partners, and the first five auditors.

Impact

If passed, Yearn will establish its own auditing team, potentially reducing reliance on external auditors and improving the security of its protocols. This could lead to cost savings in the long run and create a new revenue stream for the DAO. YFI holders, Gitcoin, and Status will benefit from equity in the academy, while external auditing firms might see a decrease in Yearn-related contracts.

Read full proposal on Snapshot

Voting results

Launch yAcademy937 (100.0%)
Do not launch yAcademy0 (0.0%)
937 YFI · ≈$2.14M · 141 votersblock 11237558

Votes over time

x-axis = % of voting window elapsed · y-axis = cumulative VP per choice

🐳 Whale votes

3 votes > 5% VP
0x6206…cfa0
5y ago · voted Launch yAcademy
32.0%
300 VP
≈$684.7K
0x23be…0077
5y ago · voted Launch yAcademy
5.5%
51 VP
≈$117.4K
0x52fd…d003
5y ago · voted Launch yAcademy
5.4%
51 VP
≈$116.4K

Full proposal

Original markdown · Yearn

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 yAcademy: a security wing tasked with auditing Yearn's contracts, attracting and retaining top talent, and eventually generating revenue by expanding its auditing services to the ecosystem at large. Mission: audi…

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