Move SNX to v2 SNX yVault

Voting ended over 4 years agoSucceeded

SNX is currently farmed on Aave with 0.10% APY. This change will increase yield to 16.9%. This does introduce additional risks, but note that all Yearn farms have been through their due diligence.

Details of SNX strategy can be found here https://medium.com/yearn-state-of-the-vaults/the-vaults-at-yearn-9237905ffed3

Conditions to pass:

total votes exceed 10,000 BASKV
yes votes exceed 60% of total votes

Please conduct discussions on this rebalance in rebalance-2 on our discord https://discord.com/invite/28ZNtj2aW5

Off-Chain Vote

Yes: Move SNX to yVault

3.79K 100%

No: Do nothing

0 0%

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Timeline

Jun 09, 2021Proposal created

Jun 10, 2021Proposal vote started

Jun 14, 2021Proposal vote ended

Oct 26, 2023Proposal updated