Currently, the 'Passive EUR Strategy' holds close to €13M in eursCRV tokens. Although these funds have recently been successfully deposited in the Curve EURS Gauge, the current strategy is not actively harvesting the accumulated rewards.
This means the vault is not auto-compounding returns, and its APY will remain 0% until this happens.
Proposal: call harvest() from the governance address on the current StrategyCurveEursCrvVoterProxy strategy (0xc8a753B38978aDD5bD26A5D1290Abc6f9f2c4f99)
This will:
voter addressA simulation shows this would result in an additional ~€48.5k worth of eursCRV tokens, and ~2750 CRV (to be used in the future to boost the earnings) when calling harvest right now. And earn an additional €12.5k worth of eursCRV each day.
tl;dr Time to activate the strategy and increase APY!