Please elaborate @yearnfinance

Asked 1046 days ago
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Please elaborate

asked 1046 days ago

1 Answers

Answer: Yearn Finance takes great care to ensure their treasury remains healthy and financially secure. To this end, they have made adjustments to their comp structure in June in order to prepare for a potential bear market. This included reducing their overall comp budget and adjusting the structure of the comp scheme. This was done to ensure that their treasury remains healthy and secure, even during difficult times. Yearn Finance has shown that they are committed to keeping their treasury healthy and secure, and they will continue to make adjustments as needed in the future.
answered 1046 days ago
0
There's some good content in this yBudget Update, but basically, Yearn keeps their treasury health front of mind, and makes adjustments accordingly. Back in June, in anticipation of the bear market, comp structure was also adjusted: https://gov.yearn.finance/t/ybudget-update-bear-minimum-comp/12609
answered 1046 days ago

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