Yearn Finance's new proposal proposes to distribute 90% of the protocol's revenue to YFI token stakers

According to Odaily Planet Daily, anonymous contributor 0xPickles recently submitted a comprehensive reform proposal aimed at reshaping the development trajectory of the DeFi protocol Yearn Finance. The proposal's three plans attempt to revitalize the project through revenue distribution reform, increased contributor accountability, and token value sharing. The core change of the proposal is that 90% of the protocol's revenue will be directly distributed to holders of locked YFI tokens. Under the new mechanism, users can participate in revenue distribution by staking YFI and obtaining stYFI certificates. Specifically, it includes:

Staking model replaces voting trusteeship: eliminating complex mechanisms and adopting direct staking to distribute income;

DAO governance restructuring: Establishing a profit-centric decision-making mechanism and requiring contributors to attach on-chain financial reports to their budget requests;

Institutionalization of Contributor Incentives: Allocating 1,700 YFI (approximately $500,000 USD) for strategic incentives, establishing a capped performance bonus and a long-term contributor retention pool. (DLNews)