Yearn proposes “buyback and build” strategy for YFI holders

Yearn proposes “buyback and build” strategy for YFI holders

Instead of receiving dividends, Yearn.finance would buy and redistribute tokens with protocol revenue. The Yearn.finance community is introducing a proposal to reform the current token economics of YFI. Popularly called “buyback and build,” the proposal aims to bolster the project’s treasury while also generating value for all stakeholders. Its list of authors includes Yearn core developers Banteg, Tracheopteryx and Lehnberg, as well as Gabriel Shapiro, partner at BSV Law and occasional Yearn contributor. Currently, Yearn.finance uses a staking and dividends model. Holders must place their....


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