YIP Title Goes Here
YAMV3 Price Protection
Basic Summary
- Allow people migrate V3 into V2 in order to eliminate the huge price gap between V2 and V3
- Or set up a time frame for V2 owner to migrate their V2 into V3.
Abstract
Since there is huge price gap between V2 and V3, V2 owners have no motivation to migrate their yam V2 into YAMV3(YAM). As a result, the usage of Yamv3(yam) will be restricted, and it will have negative impact on the development of Yam.
Motivation
So far there is a huge price gap bewteen YAMV3 and YAMV2. To protect the benefits of V3 owner and to promote the development of YAM program. I think it is necessary to find a way to eliminate the price gap between V2 and V3. As a result people will have motivation to migrate their V2 into V3.
Specifications
- Allow people migrate V3 into V2 based on the same ratio as people migrate V2 into V3.
- Or set up a time frame for V2 owner to migrate their V2 into V3. (One month for example)
Poll to Measure Sentiment