Hey all! I’d like to make a first proposal to get the community going on thinking about how to design the network rewards more sustainable. I think it’s really interesting how Rally uses YFI delegated vaults for the token distribution, but it can be improved. Rally should make Yield Delegating Vaults more enticing to get more participation from the crypto community.
Problem: the YFI harvest schedule is such that it’s difficult to know how much rewards are available.
Also, there’s a new YFI Vault 3pool that launched that has the highest APY (https://feel-the-yearn.app/vaults)
One solution to this is to add this 3pool to Rally YDV as an additional vault option. To make this even more enticing, we could create a 6th liquidity mining pool that requires users to stake the LP tokens from the Rally YDV vault. This will create even more participation in the vault itself which is more sustainable in the long-term.