Remove the exit fee from YFI automated vaults.
There is currently a .5% (default) exit fee on the YFI vault. I propose that we reduce the default exit fee for the current and any further YFI-based automated vault. This will also allow YFI holders to move their holding without penalty in order to vote.
Minimize friction and maximize yield for YFI holders who participate in YFI based vaults.
Reduce the default exit fee on the current YFI vault to 0%.
For: Reduce YFI vault exit fees to 0%
Against: Keep YFI vault exit fee at .5%
- Reduce to 0%
- Keep at .5%
Note: I propose this as I’ve seen it discussed in several places. This is more a temperature test. At current YFI vault // Cream Strategy APY, it will take over a month to recoup exit fees.