Yield Yak introduces ARC — a decentralized revenue distribution tool creating Yak heroes
Yield Yak’s community is one of its greatest assets. Our community built the platform into the #1 autocompounder on Avalanche. And, even though YY has grown, feedback and ideas from YY users are as valuable as ever.
Today we introduce a feature that addresses one of the most common requests: greater transparency on Yield Yak revenues.
Yield Yak ARC — Automated Revenue Collector
Yield Yak ARC (Automated Revenue Collector) is based on a proof of concept created by a community developer.
Yak ARC allows anyone to distribute revenue
The new section of the Yield Yak platform gives users can easy tool to track the protocol’s daily revenues, calculated in AVAX. And, in line with our core principle of creating a platform that could run on its own without any team intervention, anyone can become a Yield Yak hero and distribute these revenues once per 24 hours.
Be a Hero for Yak
Hitting the “Distribute” button keeps staking rewards flowing. You’ll also gain the admiration of your peers with acknowledgement on the ARC site as a Hero.
Currently, collected AVAX is distributed to three wallets based on the current 33/33/33 split between stakers, contributors, and treasury. Distributions are always subject to change based on ongoing discussions and community input.
About Yield Yak
Yield Yak makes numbers go up. Ape into auto-compounded farms with quick releases and high yields. Swap on Yak, with a single click for the best prices on trades with zero aggregator fees.