with name and token symbol defined later. Weights of the underlying tokens will be proportional to vaults TVL. TVL can be accesed by calling balance function on each of the tokens.
Note: Token weights and token set can be changed in the future via community proposals.
Looks great! Fully support this proposal. One question I have is if Yearn adds more stablecoin vaults from Curve, is this index going to add those in the future or intention is to focus on these 6 vaults tokens?
Also think TVL weighting makes a lot of sense.
One side note is maybe PP should move to Sushiswap from Uniswap v2 for ‘Trade’ function as part of building into Yearn Ecosystem.
Sounds great. And I personally like the idea of withdrawal fees. Sounds like a very good use case for general users, which might in turn attract more users resulting in desirable growth.
Great idea! Seems that it is the “all-in-one” product:
Automated portfolio of cashflow-generating assets
Single point to entry/exit Vaults
Liquidity pool and basically one major trading pair for all yVaults at once
Benefiting both Yearn community (useful product, solving users’ pain associated with swapping yVaults and diversifying income) and CVP token holders (entry/exit/swap fees going to CVP treasury).
FOR this, very elegant solution as @vasilysumanov mentioned.
Please advise what pools you would suggest to set up with [yVaults index]?
Lets consider adding CVP boost program for those who invest in yVaults index+CVP:
same mechanics as with ASSY
But CVP rewards are <= CVP purchased to be eligible for the CVP rewards
I believe this may work because by definition the [yVaults index] will have relatively conservative returns, so adding +1-2-3% APY would make difference motivating the investors to buy yVault and participate in the boost program