Yam DAO

The redemption ends in less than 24h! Redeem at yam.finance/#/redemption

The redemption ends Tuesday April 11 2023! Redeem at yam.finance/#/redemption

Redemption page has been updated: yam.finance And check here for the next update, see how much tokens you will get once redeemed: develop.yam.finance

The vote is ending soon! 1 hour left.

The Yam Redemption Proposal is up for an on-chain vote and ends today. If you would like the option to redeem Yam for a portion of the Treasury - vote now: yam.finance/#/governance

A new treasury redemption proposal has been proposed on the forum. Whether you agree with the proposal or not, it deserves discussion and thought. Please have a read and give your thoughts. forum.yam.finance/t/the-great-ya…

A proposal has been made for @YamFinance to be redeemable for a pro rata share of the treasury ($0.207 - $0.25 per $YAM) for 12mo, w any remaining funds donated to @gitcoin or elsewhere at the end of the period. Remaining 🍠 holders, please weigh in. forum.yam.finance/t/the-great-ya…

@adamscochran 👋

What's the best example of on-chain project treasury that isn't managed by a multi-sig? Haven't seen many great ones, wondering what I'm overlooking.

🐼

gm mergers✨

The snapshot for redemptions of the Treasury has ended with a "No." The tally was 1.4M against and 611K for. This was the highest turnout for a vote that we had in a long time with ~2.1M BoU YAM (approx 35.7% of total supply.) Thank you to all who voted. twitter.com/YamFinance/sta…

The re-vote for the treasury redemption proposal is up on snapshot. It will run until July 27th, 2022 at 00:00 UTC 🗳️ Treasury Redemption re-Vote : snapshot.org/#/yam.eth/prop… Discussion is still open: forum.yam.finance/t/yip-110-trea… This is a big one, so please think carefully and vote!

Many thanks to everyone who helped fend off this attack. ❤️ 🚀 🍠

The Guardian Multi-sig has still never needed to be used, but it is ready to protect the YAM treasury if needed.

A more complete postmortem of the thwarted attack from July 9th can be read here: gist.github.com/rossgalloway/e…

@galloway_the A week from now, we will begin a week long snapshot vote (with the snapshot block the same as the original vote so voting power is equivalent). Looking forward to discussions in our discord and on the forums 🍠 5/5

@galloway_the If it proceeds, this vote would impact the future of the DAO significantly, so now is the time to make your voice heard. 4/x

As some of you may have noticed, there was a snapshot vote recently that proposes to make the treasury redeemable at a pro-rata rate. This vote passed by a narrow margin and people complained that they didn't even know it was happening 1/x