Case summary
What happened
The proposed plan would halt deposits in vaults and farms later in October, distribute treasury to YAK tokenholders in stages in November and December, and support the frontend at least until Q2 2027. These steps are conditional and were not recorded as adopted or completed as of October 15.
Customer result
Customer outcome
Not applicable
A shutdown and treasury-distribution proposal is pending governance discussion/vote. No approved claims process, completed disbursement, protocol loss or universal recovery rate is asserted.
- Estimated recovery
- Unknown
- Repayment started
- —
- Repayment completed
- —
- Confidence
- High
Asset treatment
Terms risk
Unknown
A conditional proposal to distribute YAK treasury balances and stop vault deposits is not a complete adjudication of individual vault depositor rights or underlying protocol liquidation terms.
- Affected product
- —
- Confidence
- Medium
Known unknowns
Uncertainty
The official communication is a proposal subject to discussion and Snapshot voting, not verified approval or a settled final operational status.
Chronology
Historical record
Yield Yak core contributor proposes orderly protocol sunset
A Yield Yak core contributor proposed a conditional sunset process, with vaults potentially moving to withdrawal-only, a YAK treasury distribution in two stages, and frontend support through at least Q2 2027. The official statement says normal operations continue while questions, discussion and a Snapshot vote are pending.
This is a governance proposal, not a successful vote or completed service termination.
Source record
Evidence dossier
Filter by claim, reliability, source type, and whether evidence is linked to a specific event.
Entity
1 sourcesYield Yak official DeFi vault services
Yield Yak
First-party platform information corroborates Yield Yak's vault/strategy identity, separate from whether the sunset proposal passes.
Event
1 sourcesYield Yak proposal for an orderly protocol sunset
Yield Yak · 2026-10-12
First-party statement says a core contributor has proposed a conditional wind-down and expressly states protocol operations continue while governance debate and voting remain outstanding.
No evidence records match the current filters.
Comparative records