Yam

THIS PROPOSAL IS ONLY ABOUT ADDING 3% SUPPLY INFLATION FOR STRATEGIC INVESTMENTS OR FARMING INCENTIVES. If this proposal meets quorum and passes, it will nullify the results of:

1. “YIP: Replace Yam Rebase Mechanism” https://snapshot.page/#/yam/proposal/QmPyGf545swRtF7UZ1t5Yud6kbYp9y89dSbFkafkXxrmYx
2. “YIP: Replace Yam Rebase Mechanism” https://snapshot.page/#/yam/proposal/QmNR1SMZsZuA7f1EzGmWjSFgeanYVkDuEwCSR4ws2w1hQi

See Forum Discussion https://forum.yam.finance/t/rfc-replace-yam-rebase-mechanism/1058

Instead of the rebasing mechanism, there are other ways to raise funds for the Treasury. We propose a simple 3% yearly inflation of Yams fed into the Treasury for future strategic investments.

Possible uses of the Yam to directly support the Yam ecosystem:

• Add additional distributions as farming incentives currently allocated to Yam/ETH Sushiswap pool.
• Buy ETH to pair with Yam to provide liquidity on the Yam/ETH Sushiswap pool and farm Sushi.

How does this help you as a token holder? Easier to understand than rebasing and treasury purchases and provides less barriers to enter for new investors. They are able to understand the purpose of their investment and the goals of Yam.

Additional liquidity allows for larger purchasers to enter and exit. Allows the treasury to continue to grow via Sushi farming.

== Specifications ==

Mint 3% of YAM supply per year (compounds yearly) and stream to the Treasury for deployment by YAM DAO Set and/or Community Governance Votes.