YIP-53: Keep V2 Migration Smart Contract Function Available
Community member initiated to end migration of YamV2 to Yam (current) with the end date of 2/15/2021. We’ve successfully gotten the message out to the community and over 99.3% of YamV2 tokens have migrated over to the current token. Here’s a snapshot on etherscan:
Since migration ends today 2/15/2021, according to the original snapshot, we should end the migration. It has been suggested to keep migration open past the deadline for a few reasons.
The original purpose of ending the migration is to create consensus around current Yam token but not to punish holders that are slow or did not receive the communications to migrate.
- The price has been so high for the past two weeks that it would have been prohibitively expensive to some users that are holding a smaller amount of coins.
- Community has suggested we consider the V2 migration closed and remove from the website but we leave the function open in case there are holders that contact the community to migrate.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xcCd7...713cb5 | 94,435 | Keep Contract Function Open |
 0xEC32...Ecb7F2 | 92,277 | Keep Contract Function Open |
 0x53c9...e7334d | 59,968 | Keep Contract Function Open |
 0x4544...990DC3 | 14,422 | Close Migration Function |
 0x1E1A...E232ad | 13,321 | Close Migration Function |
VOTE POWER
Proposal Status
- Mon February 22 2021, 11:00 pmVoting Period Starts
- Fri February 26 2021, 11:00 pmEnd Voting Period
Current Results
1-Keep Contract Function Open
262,591.727
2-Close Migration Function
61,120.419