closedEnded 4 years ago · Snapshot (Offchain)
BIP 68: ibBTC Yield Retention Model
By 0xFcdF...34108EContinue Reading
TL;DR
- All selling capacity of partner token harvests across all vault depositors is used to support yield in ibBTC
- In return ibBTC will distribute a portion of its token based yield across all eligible vault depositors. Gross base yield for all vault depositors will go up
- Performance fees will be collected 100% in vault tokens
- The portion of yield autocompounded for vault depositors will be variable
- Vault Depositors have opportunity to earn more additional yield than what is collected for performance fees, potentially becoming fee-negative.
pre-BIP community discussion: https://discord.gg/nyzGTYvM BIP: https://forum.badger.finance/t/bip-68-ibbtc-yield-retention-model/4959
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0Votes 744
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x961E...F1E700 | 83,329 | YES, implement as proposed |
 0x1d5E...2969f4 | 32,116 | YES, implement as proposed |
 0x39DE...8Ed37b | 21,790 | YES, implement as proposed |
 0xBB2d...8c6ed6 | 17,012 | YES, implement as proposed |
 0xd6Fd...0CBb6f | 15,590 | YES, implement as proposed |
VOTE POWER
0
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Proposal Status
- Tue September 21 2021, 09:00 pmVoting Period Starts
- Thu September 23 2021, 09:00 pmEnd Voting Period
Current Results
1-YES, implement as proposed
297,169.463
2-NO, do not implement
19.936