Request for Comment : Proposal for YFI Inflation and Supply Mechanics

Proposals Vaults
31

Consolidating some comments and views from the unofficial discord and this thread

  1. Lower inflation Schedule : 150% may be too high @deltatiger came up with a spreadsheet ^ taking a spin at 100% inflation

  2. Incentives streaming, should it go entirely to just this one pool based of this proposal or should it go to multiple different parties for example

    1. Users
    1. Liquidity Provision (Allow anyone ease of entry to the ecosystem/YFI)
    1. Governance Participation
    1. Developers
    1. Reserve, Can be used to cover the Safety of protocol (Audits /Insurance etc) and development grants for community
  1. The weightage of the 80/20 YFI/yCRV pool from 2/98 YFI/yCRV might be too drastic of a shift immediately, how about a tiered transition from 98/2 yCRV/YFI -> 80/20 yCRV/YFI -> 60/40 yCRV/YFI
    a) A shift to 80/20 exposes LPs to a lot of price fluctuations
    b) Would lead to a large underutilised yCRV which we do not want in the ecosystem
    c) We still want YFI holders to have a larger say than say Stablecoin whales, which was my original thinking from shifting to 80/20 YFI/yCRV
    d) YFI Rewards Pool as someone else mentioned would still continue and this would also suck up some YFI Float for the time being, we should avoid a liquidity Pool Skewed too much on YFI to prevent illiquidity concerns
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