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TRC 127 - Proposal to Disable Gauges for Yearn WETH and Yearn USDC Yield Markets

Voting ended over 1 year agoSucceeded

Summary: This proposal seeks to disable the gauge mechanisms for the yvWETH-xPYT/yvWETH-NYT (Yearn WETH Yield Market) and yvUSDC-xPYT/yvUSDC-NYT (Yearn USDC Yield Market) pairs on our platform. The Yearn WETH market currently holds a total value locked (TVL) of $5,000 and still captures 1% of the total oLIT emissions. The Yearn USDC market holds a TVL of $1,000 and receives minimal voting support. In light of our strategy to phase out Yearn Yield Markets and not accept new deposits since January 26th, this proposal aims to redirect resources to more active and strategically aligned initiatives.

Off-Chain Vote

for
3.5M veLIT100%
against
0 veLIT0%
Quorum:169%
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Discussion

TimelessTRC 127 - Proposal to Disable Gauges for Yearn WETH and Yearn USDC Yield Markets

Timeline

Aug 06, 2024Proposal created
Aug 06, 2024Proposal vote started
Aug 09, 2024Proposal vote ended
Aug 10, 2024Proposal updated