There is much consensus on Yam's treasury being redeemed 1:1. This topic can be read about here: https://forum.yam.finance/t/the-great-yamdemption/1758
Before that vote goes live, there is little consensus on which charity should be the benefactor of any left over (unredeemed) treasury funds. This vote is to signal which charity should receive those funds for the real Great Yamdemption vote.
The current options are:
Gitcoin: by Ross https://gitcoin.co/
Watoto Orphanage: by 1tx (the originator of the process) https://www.watoto.com/
World central kitchen: by jpgs https://wck.org/
LCV Education Fund: by feddas https://www.lcvef.org/