SGP 11 Governance Vote: Ownership Transfer to Spectra DAO

The yearn.finance community conducted the YIP-88 vote closing on October 10, 2025, at 22:00 UTC. The proposal aims at reorganizing the DAO with a focus on profit-oriented teams that are accountable on-chain and introduces a new voting token, stYFI, replacing the veYFI token. stYFI holders are slated to earn 90% of all protocol fees, marking a significant governance and economic model shift. Recent News Leading up to the vote, yearn.finance announced detailed governance reforms intending to enhance team accountability and protocol revenue distribution. The community discussions have been active on social platforms with informative threads by the yearn team explaining the merits of stYFI over veYFI and the proposed DAO reorg. Future Plans Post-vote, yearn.finance plans to implement the approved DAO reorganization and hard fork to introduce stYFI as the new governance token. This aims to incentivize active contributors and align protocol economics with user profit participation. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed to positive overall. Many community members appreciate the move towards profit-sharing with stYFI and improved on-chain accountability, while others express concerns about the transition from veYFI. Representative community reactions include: "Looking forward to stYFI and the new incentives," "Hope this governance model boosts yearn's future," and "VeYFI holders need clarity on transition terms." Risk Disclaimer This governance vote and token model change could affect yearn.finance's tokenomics and market perception. Investors should monitor results and subsequent protocol changes for impact. Sources used https://twitter.com/yearnfi/status/1975284555562295549

Yearn Finance, a decentralized finance protocol, announced an asset recovery update involving collaboration with the Plume and Dinero teams. The recovery effort successfully retrieved and returned 857.49 pxETH tokens to affected depositors as part of ongoing recovery operations. The update was published on December 1, 2025, and highlights Yearn's commitment to safeguard user assets and coordinate effectively with partner teams during incidents. This event falls under the Team Update category. Recent News Over the past few months, Yearn Finance has focused on enhancing its security protocols and response mechanisms following previous incidents impacting user funds. The collaboration with Plume and Dinero teams marks a significant joint effort to resolve the pxETH issue. Although no other major new product launches or partnerships have been reported recently, the priority has been on remediation and user asset protection. Future Plans Yearn Finance plans to continue monitoring the situation closely with the Plume and Dinero teams to ensure complete asset recovery. Future objectives include strengthening protocol security and improving communication transparency with the community regarding such events. Onchain Data Tokens recovered and returned: 857.49 pxETH Community Sentiment Mixed to Positive — Community reactions on platforms like X/Twitter indicate appreciation for Yearn's proactive asset recovery efforts, though some users express concerns about the initial incident causing loss risks. Sample comments include: "Glad to see Yearn taking responsibility and recovering funds," "Hope this leads to better security," and "Worried about the safety despite recovery." Risk Disclaimer This recovery update may influence token price sentiment as it involves asset retrieval and team coordination, which could affect user confidence and market perception. Investors should consider the ongoing nature of these efforts and risks involved. Sources used https://x.com/yearnfi/status/1995488425785659492