• © Goverland Inc. 2026
  • v1.0.5
  • Privacy Policy
  • Terms of Use
SpookySwapSpookySwapby0x95478C4F7D22D1048F46100001c2C69D2BA573800x9547…7380

WOOFY-FTM farm replace YFI-FTM farm

Voting ended almost 5 years agoSucceeded

Should we phase out the YFI-FTM farm in favor of a WOOFY-FTM farm?

From the yearn.finance docs: "The WOOFY token is the blue dog companion token of YFI. Utilizing special Woof technology, it allows two-way conversion between the two tokens, allowing holders to be exposed to YFI in a fluffier package. At its core, WOOFY solves two problems: YFI not being dog themed, and the price of a single YFI being too high in USD terms."

It would be done such that the total weight of YFI and WOOFY at any point in time would not exceed the current weight of YFI and the end result would be such that the WOOFY farm would completely replace the YFI farm. To clarify further, the rewards of all other farms will not be impacted at any point in time by this transition.

WOOFY is always pegged to YFI at a ratio of 1 YFI : 1 Million WOOFY this conversion can always be done on https://woofy.finance/ on the Ethereum network and works in both directions.

Off-Chain Vote

Yes (Bring on the woof)
553.37K 83.7%
No (No dogs allowed)
107.98K 16.3%
Download mobile app to vote

Timeline

May 13, 2021Proposal created
May 13, 2021Proposal vote started
May 16, 2021Proposal vote ended
Oct 26, 2023Proposal updated