I am in favor of these, though @dudesahn in another thread considered calling them yPools. In my opinion, anything that relies on IL should be branded as such.
This is similar to my yETH v2 strategy that I shared here, by the way - which you also commented on.
Summary:
Update the yETH vault strategy to mine UNI in the ETH:DAI pool
Abstract:
Should this proposal be implemented, the yETH vault will update its strategy to use ETH as collateral in Maker to generate DAI, and then provide DAI and ETH into the ETH:DAI Uniswap pool to mine UNI. Half the UNI will be sold for increased yield, and the other half will be used to build a vault for Uniswap governance.
Motivation:
Currently the highest risk vault in yearn.finance is the yETH vault. The v…
Note that you said you were against it then
I don’t support any IL vault strategies at the moment, and as far as I know none are being worked on or seriously considered. But I do recognize your point, that perhaps in the future there could be vaults with IL strategies, as long as the depositors are made aware of the risks and the Vault itself is not unnecessarily risky. Obviously some discretion used in determining that.
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