I won’t lie, I am losing confidence in the project seeing these debates keep coming up.
Likewise. It is really fatiguing to sit here, with serious value staked in yfi, when there is a constant drumbeat of devs whining and threatening to leave and shills like Blue Kirby calling for yfi to start the money printers even though we specifically voted to burn the keys just a few months ago. Why hold votes? Why hold a governance coin? The APY for locked yfi is a pathetic 1.3448% and the devs do whatever the eff they want anyway.
Let me be more blunt. I am really sick of Andre’s constant fudding and expressions of self-loathing. But I am more sick of him shit talking OG token holders, even though we were there with him in the very beginning, risking capital by farming yfi when that was a super risky proposition. Then, many of us stayed with the project out of faith in the dev team and Andre even though the return on the governance token is only 1.3448% annually. I mean ok, that is better than a checking account pays, but now they are asking us to debase the underlying asset by printing 3% more or 10% more, or by tomorrow, who knows, it may be 20% more.
I’ve had it. Please just give me something to vote on so I can unlock my yfi from governance and get the hell out of here.