How would you protect a minority shall hold us off yam, from basically being abused by a majority who can make any proposal? Heaven, for example, just letet the top fifty one per cent paying the entire treasury to themselves? It's an interesting question. Maybe the time delay would be one answer,. We're hoping to beyond delegation, which already exists in the compound governments modile that we use. Of course, comes with trade offs in te ability to patch critical bugs quickly and things of that nature....
Today, Su and I talk to Will Price and Trent Elmore of YAM.finance.
YAM launched last month as a mix between Yearn’s fair launch, Ampleforth's supply elasticity, and Compound’s on-chain governance. And while its launch was short-lived (it had to shut down from a bug only two days later), it inspired a whole wave of food coins that tried to replicate its initial success. In this episode, we explore what made YAM so successful and what might be in store for the future.
Will Price https://twitter.com/will__price
Trent Elmore https://twitter.com/trentelme
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl