Canceled

The Great Yamdemption


Proposal ID

36

Proposed

Nov 14th, 2022

Result details
Final Votes

Quorum

627.98B of 0

Majority support

Yes

For

627.98B

Against

8.09B

Abstain

0

Actions

Type

Address

Details

Custom

0x8b4f...3EC5

setDelay(..)

Custom

Account

0x8b4f...3EC5

Method

setDelay(..)

Custom

0x8348...550d

withdrawErc20(..)

Custom

Account

0x8348...550d

Method

withdrawErc20(..)

Custom

0x9799...Ea17

oneTimeTransfers(..)

Custom

Account

0x9799...Ea17

Method

oneTimeTransfers(..)

Proposal

This vote is the culmination of the long discussion around redeeming Yam's treasury assets which can be found in the below links. This is a vote to redeem 100% of the treasury with the unclaimed treasury funds being donated to a charity of the choosing of this vote. There will be a 12 month redemption window. After that expires the remaining funds will be donated to the charities chosen here. Pro-rata here means that if 100 Yam in total votes and 3 Yam vote for charity xyz, then charity xyz will receive 3% of the funds to be donated. All votes after this one will have a 29 day voting period as no more votes should occur. The guardians will use their veto power for the 12 months in order to keep Yam safe due to the small amount of Yam that will be circulating.

https://forum.yam.finance/t/execution-the-great-yamdemption/1771

https://snapshot.org/#/yam.eth/proposal/0x3db446c52f54bba28b95551dfa8f55ca0a9fda868dbec04d37a46467eb3fc1bf

Final Votes

Quorum

627.98B of 0

Majority support

Yes

For

627.98B

Against

8.09B

Abstain

0

Final Votes
Status

Mon Nov 14, 01:28 am

Draft created

Mon Nov 14, 01:27 am

Published onchain

Wed Nov 23, 11:28 am

Voting period started

Fri Nov 25, 04:37 am

Voting period ended

Proposal canceled