YIP-11: Add Convex 3pool & Convex MIM Strategies

The yAxis community serves as decentralised fund managers in helping to decide how vault funds are deployed. One critical component of fund management is understanding which yield strategies will most benefit yAxis users. Every new strategy helps diversify portfolio options, allowing us to deploy funds across any DeFi project.

Ultimately, a governance vote is needed to approve the deployment of any given strategy.

Today, we open up yAxis Improvement Proposal 11 (YIP-11) to seek approval for the addition of two new strategies! The Convex 3pool and Convex MIM strategies.

These strategies are intended to to support stablecoin vault funds, and can serve as the base strategies upon which asset-specific delegated strategies can be built.

YIP-11 would allow yAxis to access higher yields versus the current pure Curve 3pool strategy by taking advantage of Convex's boosted 3pool and MIM farms. Both of these Convex farms are based on Curve's pool tokens (3crv & MIMcrv), and generate CVX rewards (the MIM farm adds bribed SPELL rewards on top of CVX).

The Curve 3pool and MIM pools can be found here: https://curve.fi/pools The Convex 3poolcrv and MIMcrv staking pool can be found here: https://www.convexfinance.com/stake

We’re looking to deploy funds across an array of Convex strategies and build a governance stake over time.

Voting is now open and will close in 48 hours. (06 Oct 2021 1700 UTC -> 08 Oct 2021 1700 UTC)