: Proponents argued that Yearn’s inability to reward builders with its own token made it uncompetitive against newer DeFi protocols that set aside large portions of supply for "insider" incentives. Strategic Impact of the Decision
: This marked Yearn's transition from a community experiment to a more professionalized DAO. More recently, in September 2025 , the protocol proposed further overhauls to direct 90% of revenue to stakers , moving even further away from pure scarcity toward a value-accrual model. : Proponents argued that Yearn’s inability to reward
Initially celebrated for its "fair launch" and capped supply of 30,000 tokens, Yearn's leadership argued that the Bitcoin-like scarcity model was "romantic" but impractical for a high-growth DeFi startup that needed to retain developers and acquire other protocols. The Core Conflict: Scarcity vs. Growth Initially celebrated for its "fair launch" and capped
The phrase refers to a pivotal 2021 governance shift within Yearn Finance (YFI), where the community moved to abandon a strict "fixed supply" model in favor of inflation to fund future growth. in September 2025