: Proponents argued that Yearn’s inability to reward builders with its own token made it uncompetitive against newer DeFi protocols that set aside large portions of supply for "insider" incentives. Strategic Impact of the Decision
: A proposal suggested minting 6,666 new YFI tokens (worth roughly $200 million at the time) to replenish the treasury and incentivize core contributors. : Proponents argued that Yearn’s inability to reward
: This marked Yearn's transition from a community experiment to a more professionalized DAO. More recently, in September 2025 , the protocol proposed further overhauls to direct 90% of revenue to stakers , moving even further away from pure scarcity toward a value-accrual model. More recently, in September 2025 , the protocol
: Following the vote, roughly 33% of the new tokens were allocated to contributors, while 66% went to the treasury for protocol acquisitions and development. Some early investors left the project, viewing the
: The move was controversial. Some early investors left the project, viewing the inflation as a breach of the "social contract" of immutability. Current State of YFI (as of April 2026) Yearn Finance Considers Minting $200M in New YFI Tokens