Yfi_whale Proposals List

I am leaning in favor of an automated buy-back and burn plan for some of the reasons described here. To address this specific objection, it makes sense because it gives us two separate tools to use. Sometimes circumstances may warrant adding issuance as the DeFi space evolves, and at other times issuance won’t be useful and being able to reduce supply would be an appropriate tool. Also it is not as contrary to inflation as it seems. The APY of issuance to YPool etc would look just as good and incentivize just as effectively even if we were simultaneously using the fees generated by new TVL to buy and burn YFI.