Change current 1:1 YFI voting power to 1:x/365 voting power, where x is days locked
Implement a new wrapped token gYFI that allocates voting power based on locked weight. Rewards to be distributed based on gYFI instead of YFI.
The proposal is to distribute more voting power to long term minded decision makers. This will increase the security and best interest participation of voters.
Implement the new locked wrapper, 1 YFI = days/365 gYFI. Switch governance to gYFI implementation.
For: Implemented weighted voting power
Against: Keep system as is