yearn.finance YIP-88 Vote Ends
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
October 10
