Yearn Finance's YIP 30 proposal on coinage inflation was rejected, with 60% of the votes against

Anthropologically Blockbeats - On August 2, yearn Finance tweeted along with the latest vote on the YFI Scrip Inflation Plan (Proposal YIP 30). Out of a total of 10577,7393 voters, 61.26% voted against, far outnumbering the supporters (38.74%). And the holders of the scrip seem opposed to further issuance, said Yearn Finance.

Commenting on the results, some Twitter users said that this means YFI has potential and low supply, which would make it more bullish than BTC. Qiao Wang, a former director of Messari, says the result in the YIP 30 being rejected by most people makes him wonder if many Bitcoiner have quietly become DeFi whales.

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