Coordination at Yearn: Notes From the Frontier
summary
Yearn recounts rapid, messy scaling: about 100 chat groups spawn a multiheaded project whose v1 vaults get forked and vampire attacked by ~20 projects, then v2 vaults launch as a hardened platform. Strategists earn 20% performance fee with half to strategists, open permissionless strategy slots, and many mergers with Pickle Cream Cover Acropolis and SushiSwap. A new token-wrapper affiliate model and a treasury north of $200M YFI aim to fund decentralized ops and retention.
AI-written summary · about
chapters (10)
- 0:00Yearn Finance introduction
- 1:04What is Yearn Finance
- 3:13Yearn’s community growth
- 5:02Yearn Vaults v1 and v2
- 6:46Key Vaults v2 changes
- 7:29Yearn’s merger strategy
- 8:52Treasury and team retention
- 9:55Affiliate model and plans
- 10:36Coordination challenges
- 11:40Closing and Q&A
