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yfBetayfBetaby0x056590F16D5b314a132BbCFb1283fEc5D5C6E670dyd.eth

What should we do with the 11k yfb tokens and the $17k of vault profits?

Voting ended about 5 years agoSucceeded

Here is a link to all of the proposals: https://docs.google.com/document/d/1rwjR00wKWL3p0phKCpikEdmiMUzuUHwsGIeQHAh7sTw/edit

I'll give a brief summary of each one, but please read the doc for more details.

1] tldr: burn the 10k tokens in small batches over time until the price on uni goes up. 1k tokens to Owen. Do nothing with $17k.

2] tldr: burn all 11k tokens, pay out $5k to Owen and Zebrains, and distribute $12k to mod team.

3] tldr: don’t burn the 11k tokens, pay Owen and Zebrains $8.5k apiece. Separately, collect ETH from holders to hire new devs to fork yfbeta.

4] tldr; burn 10k of tokens, put $17k into the multisig for dev, mod, and marketing expenses (tbd).

5] tldr; distribute $17k profits to all existing token holders. Do nothing with tokens.

6] tldr; burn 10k yfbeta, use $17k profits to hire a new dev to continue w/ the project

Off-Chain Vote

1
0 0%
2
100.09 11.1%
3
104.94 11.7%
4
0 0%
5
0 0%
6
694.42 77.2%
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Timeline

Nov 19, 2020Proposal created
Nov 20, 2020Proposal vote started
Nov 24, 2020Proposal vote ended
Apr 09, 2024Proposal updated