YIP-71 Migrate Treasury yUSD to v2 vault

Summary:

The yUSD (aka yCRV) v1 Yearn vault has been retired. This vault is no longer boosted and the normal vault withdrawal fee has been waived by Yearn for a limited period only.

Yearn has been actively advising v2 vault migration to depositors since this initial announcement on the 12/05/2021: Click for tweet

Action Required:

The treasury needs to migrate it’s entire yUSD balance (167,579 yUSD at snapshot start time) in the original v1 Yearn vault to the new yUSD vault to continue earning boosted yield and avoid incurring the withdrawal fee in the future. There is also a seperate 4,100 yUSD in the multisig that also needs migration.

Specifications:

Yearn V1 yUSD vault address: 0x5dbcF33D8c2E976c6b560249878e6F1491Bca25c Yearn V2 yUSD vault address: 0x4B5BfD52124784745c1071dcB244C6688d2533d3

Example migration transaction: Click here