As you all may know, the YAM treasury is the major strong point of the YAM protocol, and with countless ideas being thrown around for the treasury purpose and allocation, I would like to present mine: further diversification via the Rari Capital ecosystem. Proposal by the Rari Capital Team
Currently, the YAM treasury has yUSD and DPI held within it. I consider DPI to be volatile diversification, with the overall potential for volatile gains and losses as equity; DPI essentially serves as spread equity. Moving forward, while I think the yUSD and DPI allocations are a positive hold and a solid active yield earning assets, deeper diversification is ideal. I believe this can be found with Rari Capital’s new yield pool token ($RYPT), which, like yUSD, is an active yield earning asset.
Rari docs: https://www.notion.so/Rari-Capital-3d762a07d2c9417e9cd8c2e4f719e4c3