Not Be Bitcoinвђ™: Yearn Finance Considers...: Вђletвђ™s
: Following the vote, roughly 33% of the new tokens were allocated to contributors, while 66% went to the treasury for protocol acquisitions and development.
The phrase refers to a pivotal 2021 governance shift within Yearn Finance (YFI), where the community moved to abandon a strict "fixed supply" model in favor of inflation to fund future growth. : Following the vote, roughly 33% of the
: Proponents argued that Yearn’s inability to reward builders with its own token made it uncompetitive against newer DeFi protocols that set aside large portions of supply for "insider" incentives. Strategic Impact of the Decision : Following the vote
: YFI began with a hard cap, no pre-mine, and no founder allocation. This scarcity drove the token price to all-time highs above $90,000 in 2021. 000 in 2021.