Yearn Finance's new proposal aims to allocate 90% of the protocol's revenue to YFI token stakers.

BlockBeats News, September 29th, according to DLNews, an anonymous contributor 0xPickles recently submitted a comprehensive reform proposal aimed at reshaping the development trajectory of the DeFi protocol Yearn Finance. The proposal's three plans seek to revitalize the project through income distribution reform, strengthened contributor accountability, and token value sharing. The most significant change in the proposal is that 90% of the protocol's revenue will be directly allocated to holders of locked YFI tokens. Under the new mechanism, users can participate in income distribution by staking YFI to receive stYFI tokens. The specifics include:

· Staking Model Replacing Voting Delegation: Eliminating complex mechanisms and adopting direct staking for income distribution

· DAO Governance Restructuring: Establishing a profit-centric decision-making mechanism, requiring contributors to submit budget proposals with on-chain financial reports

· Contributor Incentive Institutionalization: Allocating 1,700 YFI tokens (approximately $500,000) for strategic incentives, establishing a capped performance bonus and a long-term contributor reserve pool