YIP-88: Governance Overhaul—DAO Restructuring, stYFI, and Incentives

Summary

This YIP contains three interconnected parts of a single initiative designed to overhaul Yearn’s operations, tokenomics, and contributor incentives.

Part I: Operations & DAO Restructuring Part II: stYFI Tokenomics & Migration Part III: Contributor & Team Incentives

All three parts were discussed in parallel on the forum and discord but will be voted on as a single, all-or-nothing package in one Snapshot vote here as YIP-88. If the unified proposal passes, all three parts will be implemented. If it fails, none will be.

Full Proposal

Note: due to the length of this YIP, it cannot be displayed fully in Snapshot (10,000 character limit). Thus, instead please read the full (locked) proposal on the Yearn governance forums, posted separately as three different threads.

Part 1: https://gov.yearn.fi/t/yip-88-governance-overhaul-dao-restructuring/14553 Part 2: https://gov.yearn.fi/t/yip-88-governance-overhaul-styfi/14552 Part 3: https://gov.yearn.fi/t/yip-88-governance-overhaul-incentives/14551

Voting

For: Yes, implement all three parts of this proposal Against: No, do not implement any parts of this proposal