--- title: Yip 8 - Indonesian tags: translation, docs, Indonesian --- --- yip: 8 title: Halving YFI weekly supply the same as bitcoin status: Rejected author: steamer.eth discussions-to: https://gov.yearn.finance/t/proposal-8-halving-yfi-weekly-supply-the-same-as-bitcoin/263/ created: 2020-07-22 --- ## Simple Summary Currently the weekly supply increase of YFI is 30,000 per week. Vote under proposal #0 is if more YFI tokens should be minted. I’m voting “FOR” on proposal #0 16 as continuous incentivization of LPs is important for growth of the platform. Most of reasons are the same with proposal 5. **More Reasons:** 1. The YFI mining will be end in 3 days, while the whole crypto community needs more time to understand this complex mechanism. In such a short period of time, YFI cannot generate an effective market pricing. 2. To stop the YFI mining will instantly result to a huge amount remove of the liquidity, this will be a huge negative to the YFI price because of the decreasing of fee rewards. This is a proposal for reducing the weekly issuance rate with a model the same as BTC. Two months is enough to educate the crypto community while finishing the YFI generate event. **The pros of the bitcoin halving model:** 1. Halving every week is quite easy to be understood in the crypto community, and effective. 2. Easy to make memes of YFI - “ YFI is the Bitcoin in Defi ” for virus spreading. 3. Enough time for the markets to reach the equilibrium. (liquidity provider’s YFI revenue is halved every week while taking the same risks, will result in a steady change in liquidity) [Modeling of 3 Pools](https://docs.google.com/spreadsheets/d/1ORG5UJUc2kKyjkemeskbpfpAfbDZ9Wk7GSEUc4RG2O0/edit?usp=sharing) ![Model](assets/yip8.png) In summary. If proposal #0 passes the issuance model should be altered as described above. **FOR**: Support the new issuance model. **AGAINST**: Do not support the new issuance model. ## Metadata | Name | Value | |---------------------|--------------------------------------------| | Proposed by | 0xe2ca7390e76c5A992749bB622087310d2e63ca29 | | Total for votes | 3527868.1621 (80.25%) | | Total against votes | 867838.6309 (19.74%) | | Quorum | 9.73% 𐄂 | | Start block | 10508388 | | End block | 10525668 | Source: [yieldfarming.info YFI Governance Information](https://yieldfarming.info/yearn/vote/) ## Copyright Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).