Executed

Yam Finance Treasury Redemption Until April 10th 2023


Proposal ID

38

Proposed

Jan 5th, 2023

Result details
Final Votes

Quorum

746.36B of 0

Majority support

Yes

For

746.36B

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x9799...Ea17

whitelistWithdrawals(..)

Custom

Account

0x9799...Ea17

Method

whitelistWithdrawals(..)

Custom

0xD67c...96D0

sushiToReserves(..)

Custom

Account

0xD67c...96D0

Method

sushiToReserves(..)

Custom

0x0AaC...8521

mint(..)

Custom

Account

0x0AaC...8521

Method

mint(..)

Proposal

#Yam Finance Treasury Redemption Until April 10th 2023

This proposal will:

  1. Fund the Treasury Redemption contract by allowing the withdrawl of all assets from the treasury to Proposal33 in order to withdrawl yUSDC and ystETH from their respective yearn vaults. It will also un-wind Yam POL to retrieve the wETH and burn the YAM.
  2. Claim sushi rewards from incentivizer and send the SUSHI to Operations Multisig to be swapped for wETH to be sent to the Treasury Redemption contract.
  3. Mint and then send YAM to Proposal33 to finalize all outstanding balances owed by Yam DAO before the treasury is redeemed.
Final Votes

Quorum

746.36B of 0

Majority support

Yes

For

746.36B

Against

0

Abstain

0

Final Votes
Status

Thu Jan 5, 06:13 am

Draft created

Thu Jan 5, 06:12 am

Published onchain

Sat Jan 14, 09:19 am

Voting period started

Mon Jan 16, 02:28 am

Voting period ended

Sat Jan 7, 04:08 pm

Proposal queued

Thu Jan 12, 07:43 pm

Proposal executed