Summary

This proposal is to approve a rebalance for the comp of E.

Abstract

Previously E rebalanced to full 100% Yam tokens for the past months, this proposal is to approve an updated rebalance to the comp of E that consists of yam stream and stablecoin portions, updating the yam portion while keeping rate based on the previous proposal stream renewals value at $0.42/YAM.

• Rebalancing to split 70% stables and 30% YAM tokens
• Streamed yam portion based on $4,250 totaling YAM 10,119/mo

Specification

Proceeding with an onchain proposal to close the old stream related and open new listed here.