Anonymous contributor 0xPickles recently submitted a comprehensive reform proposal aimed at reshaping the trajectory of the DeFi protocol Yearn Finance. The proposal's three initiatives attempt to revitalize the project through revenue distribution reforms, increased contributor accountability, and token value sharing. The proposal's most significant change is that 90% of the protocol's revenue will be distributed directly to holders of locked YFI tokens. Under the new mechanism, users can participate in revenue distribution by staking YFI and obtaining stYFI certificates. Specifically, it includes: · A staking model replacing voting custody: eliminating complex mechanisms and adopting direct staking to distribute revenue; · A DAO governance restructuring: establishing a profit-centric decision-making mechanism and requiring contributor budget requests to include on-chain financial reports; · Institutionalizing contributor incentives: allocating 1,700 YFI (approximately $500,000 USD) for strategic incentives, establishing a capped performance bonus, and establishing a long-term contributor retention pool. (DLNews)