Dose anyone know which yEarn product the protocol fees actually come from? The only product with enough use to generate the $60k+ per week mentioned in the tweets seems to be the ytokens. However, I don’t see any mechanism in the yToken smart contracts for collecting fees.
I tried tracing the source of the rewards currently being distributed in the YFI staking smart contract. They come from:
from 0x431e81e5dfb5a24541b5ff8762bdef3f32f96354 to 0x2d407ddb06311396fe14d4b49da5f0471447d45c (yearn deployer address) in transaction 0x95df3a6d7f08ff8b08eb0ba5d7dcee93536cad0e0e9cb3ced70032a0dd8eb896
then go from 0x2d407ddb06311396fe14d4b49da5f0471447d45c to the rewards contract in transaction 0x4ea765b817e1b26270b739d8fb3c452ef33a4bbfd2eb37bc443b5d8097aef924
However, I can’t figure out where the first address 0x431e81e5dfb5a24541b5ff8762bdef3f32f96354 got the tokens from or how they ultimately come from any yEarn smart contracts.