The yam.finance deployer address (0x683A78bA1f6b25E29fbBC9Cd1BFA29A51520De84) needs 1.6 million YAM in voting rights to pass a governance proposal before the second rebase, in order to save the yCRV treasury, due to a bug found in the rebasing function. The amount of delegated yams can easily be tracked through https://yam.finance/. More info on operation #savetheyam here @yamfinance/save-yam-245598d81cec" target="_new" rel="nofollow">https://medium.com/@yamfinance/save-yam-245598d81cec. As stated in the article: “We need ~1,600,000 YAM (160,000 pre-rebase YAM) delegated…by 7am UTC on Thursday (August 13th, 2020)“. The market will resolve to “Yes‘ if there are at least 1.6 million YAM delegated by 7AM UTC on Aug 13th, and “No” if there are less. In the event of ambiguity in terms of the market outcome, the market will be resolved at the sole discretion of the Markets Integrity Committee (MIC).
RT @Flynnjamm: The metagame has emerged. Place your bets.
Will at least 16 million $YAM be delegated to the $YAM deployer address before the second rebase?
I voted NO 🙅♂️
Bet on polymarket 👇