Skip to content
This repository has been archived by the owner on May 1, 2023. It is now read-only.

Fix broken curve.fi link #128

Merged
merged 3 commits into from
Nov 25, 2020
Merged

Fix broken curve.fi link #128

Show file tree
Hide file tree
Changes from all commits
Commits
Show all changes
3 commits
Select commit Hold shift + click to select a range
fa333aa
Fix broken link
milkyklim Nov 25, 2020
b184fc7
Run linter
milkyklim Nov 25, 2020
45d7878
Fix another link
milkyklim Nov 25, 2020
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 1 addition & 1 deletion README.md
View file
Open in desktop
Original file line number Diff line number Diff line change
@@ -1,6 +1,6 @@
# Introduction to Yearn

Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.
Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.

You can find brief descriptions of Yearn's core products, the governance process, and links to active communication channels below.

Expand Down
2 changes: 1 addition & 1 deletion governance.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -4,7 +4,7 @@ YFI holders govern the Yearn ecosystem and are eligble to receive a portion of p

In order to claim profits, YFI holders stake their tokens into the [Governance contract](https://etherscan.io/address/0xBa37B002AbaFDd8E89a1995dA52740bbC013D992). Profits are periodically sent to this contract from the Yearn [Treasury Vault](https://etherscan.io/address/0x93a62da5a14c80f265dabc077fcee437b1a0efde#tokentxns), which temporarily holds profits before distribution to stakeholders. Profits are sent to the Governance contract after the Treasury Vault has accrued a \$500,000 reserve; this reserve is used to pay for various operational expenses, including developer compensation and community grants. The amount retained in the Treasury contract before profits are sent to the Governance contract are subject to change by YFI holders. Profits are distributed as yCRV tokens.

In order to vote on a proposal, YFI holders must be staked in the governance contract. Currently, users of the YFI Vault (i.e. yYFI holders) are also eligible to vote. To lessen the burden of fees on smaller holders, Yearn governance decided to migrate to off-chain voting hosted by Snapshot. Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results. It makes creating and voting on proposals free with similar benefits to on chain voting. Finding previous / active polls and casting your vote is easy—just head the [Yearn Snapshot Portal](https://yearn.snapshot.page/#/yearn/all).
In order to vote on a proposal, YFI holders must be staked in the governance contract. Currently, users of the YFI Vault (i.e. yYFI holders) are also eligible to vote. To lessen the burden of fees on smaller holders, Yearn governance decided to migrate to off-chain voting hosted by Snapshot. Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results. It makes creating and voting on proposals free with similar benefits to on chain voting. Finding previous / active polls and casting your vote is easy—just head the [Yearn Snapshot Portal](https://yearn.snapshot.page/#/yearn/all).

The staking portal can be found [here](https://ygov.finance/staking).

Expand Down
4 changes: 2 additions & 2 deletions how-to-guides/how-to-understand-crv-vote-locking.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -24,7 +24,7 @@ Vote locking CRV into veCRV allows boosting of rewards earned by providing liqui

The actual boost multiplier is determined by a formula that depends on the current pool gauge liquidity as a fraction out of the total amount of liquidity provided, and the fraction of voting power that the veCRV constitutes out of the total.

See the [Curve Guide](https://guides.curve.fi/how-to-boost-your-crv-rewards-by-vote-locking/) for more details on the formula and its calculation.
See the [Curve Guide](https://resources.curve.fi/guides/boosting-your-crv-rewards) for more details on the formula and its calculation.

## CRV Vote Locking in Yearn

Expand Down Expand Up @@ -55,7 +55,7 @@ A "Yearn boost" tool displaying Yearn's current active and potential boost is in

- [curve.fi](https://www.curve.fi/usecrv) webpage
- Curve [Guide](https://resources.curve.fi/guides/staking-your-crv) for staking CRV
- Curve [Guide](https://guides.curve.fi/how-to-boost-your-crv-rewards-by-vote-locking) for vote locking
- Curve [Guide](https://resources.curve.fi/guides/boosting-your-crv-rewards) for vote locking
- Curve [FAQ](https://resources.curve.fi/faq/vote-locking-boost)
- deFinn [Infographic](https://drive.google.com/uc?export=download&id=1DvytXXS0WXmJ65X4jg8vfuT-zWXFxxSk) on CRV Voting Boost and formula
- Boost [calculator](https://dao.curve.fi/minter/calc)
Expand Down