Update Platform Fees Distribution to 100% to Stakers on Avalanche

Context:

• Yield Yak's Treasury has been carefully managed during the bear market, which means that it no longer relies on the current 15% of Avalanche platform fees to sustain itself.

• Yak Core Contributors are compensated with YAK over time

• Yak Community Contributors and marketing expenses are currently compensated by 15% in platform fees, which the Treasury can also now afford to cover.

Proposal:

In light of the above, this proposes that Yield Yak on Avalanche move to distribute 100% of platform fees to YAK stakers.

Note that this proposal includes two phases:

Phase 1: changing existing staking system to award 100% to YAK stakers. To be implemented immediately should proposal passes.

Phase 2: Move to a new staking contract (already deployed on Arbitrum) which removes a point of manual intervention / centralisation by distributing platform fees on every single re-invest, as opposed to the daily distribution which the current old staking contract relies on.

The date of Phase 2's implementation will be announced in advance, alongside any actions users might need to take to migrate to the new YAK staking.