Upgrade Treasury Vault to solve gas subsidy, gitcoin and more
AI summary
This proposal aims to upgrade Yearn's Treasury Vault to improve how it handles rewards and gas costs. It bundles several features, including a new way to subsidize gas fees for users, the ability to contribute to Gitcoin grants, and better conversion of various Curve tokens into rewards for those who stake their YFI tokens. The upgrade will allow the Treasury Vault to send rewards to multiple destinations and trade assets more efficiently.
If passed, this proposal will reduce gas costs for Yearn users, potentially saving the DAO significant funds (currently estimated at $25,000 per day). It will also enable Yearn to support public goods funding through Gitcoin and improve the distribution of rewards to YFI stakers. The primary beneficiaries are Yearn users and YFI stakers, while there are no clear losers.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
1 vote > 5% VPFull proposal
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 tokens into rewards for governance stakers.
Abstract
Add split functionality to TreasuryVault which can send the rewards to multiple destinations before sending them to governance staking contract. Add ability to withdraw from Curve pools. Add ability to trade usin…