The new proposal from Yearn Finance aims to allocate 90% of the protocol to YFI Token stake users.

According to BlockBeats news on September 29, reported by DLNews, anonymous contributor 0xPickles recently submitted a comprehensive reform proposal aimed at reshaping the development trajectory of the DeFi protocol Yearn Finance. The proposal includes three plans that attempt to revitalize the project through income distribution reform, enhanced contributor accountability, and shared token value. The core change of the proposal is that 90% of the protocol's revenue will be directly distributed to holders of locked YFI tokens. Under the new mechanism, users can participate in income distribution by staking YFI to obtain stYFI certificates. Specifically, it includes: · Staking model replaces voting custody: eliminating complex mechanisms and adopting direct staking for income distribution · DAO governance restructuring: establishing a profit-centric decision-making mechanism, requiring contributors' budget applications to include on-chain financial reports · Institutionalization of contributor incentives: allocating 1,700 YFI (approximately $500,000) for strategic incentives, establishing capped performance bonuses and a long-term contributor retention pool.