This is an emergency vote as explained in Discord
Harvest Finance will launch 4 vaults very soon:
Their strategy is different from Beefy though: the AUR harvested by the vaults will only be reinvested in the AUR-USDC one. Since the APR on AUR-USDC is higher, they would get a higher APY than if they were reinvesting in jFIAT pools like Beefy.
On top of this, they will be adding $400 of iFARM and $800 of Matic per week and per vault. This will add 6.2% of APR per vault per $1M deposit.
There are roughly 6 weeks left in the current program, so they are investing $28,800 of rewards in our program. They are not requesting anything from our side, but I would propose to add an extra yield since they are investing in our program and as it can solidity future partnerships:
The jFIAT would be borrowed against UMA. At the end of the farming program, we will sell $9k of UMA to reimburse the loan.
Since Harvest will basically pay farmers in AUR-USDC-LP token, we should participate with the treasury to increase the amount of AUR we receive.
Vote: Yes - we will send 200k JRT + $3k of jEUR + $3k of jGBP + $3k of jCHF to the Harvest team, and we will participate in their vault to increase our AUR-0112 position No - we will not co-invest with Harvest, the program will still be launched, but without added incentives.