XX Network (XX) Crypto Guide for Pakistan: Price Predictions in PKR 2026-2030 & Trading on MEXC

Yearn Finance, a leading DeFi yield aggregator protocol, is in the early stages of a major governance overhaul proposal, YIP-XX. The proposal was introduced by pseudonymous contributor 0xPickles on September 28, 2025, in a bid to align stakeholders and encourage growth.  YFI does not enjoy the same clout it used back in its heyday when it was one of the biggest DeFi protocols with an all-time high of just under $7 billion in deposits as of December 2021.  However, this three-part initiative is expected to help the protocol find its way back to that greatness. It is touted not just as a way to make profitability a priority but also to promote accountability, and directly reward token holders who have stayed through declining participation and a TVL that’s down more than 90% from its all-time high. Yearn Finance votes on a new proposal  Among the proposed changes, the most notable change is that a majority of all the revenue the protocol generates could soon go directly to those with skin in the game, as they have kept their YFI tokens locked despite the dwindling performance. “This proposal creates a new deal,” 0xPickles wrote. “90% of future revenue goes to stYFI holders, empowering them.” That is not a huge amount of money right now, considering Yearn’s monthly revenue from August turned in under $200,000 in profit, per DefiLlama data. Still, the focus on profitability and increasing accountability is expected to put the protocol on a sustainable growth path that will, over time, increase revenues and make the YFI token more valuable. The proposal comes as DeFi is enjoying a wave of new liquidity, which has pushed deposits to record heights this year. For Yearn, which was once one of the biggest DeFi protocols with an all-time high of just under $7 billion in deposits in December 2021, the liquidity provides an opportunity to reclaim the success of the past. Of course, this is assuming things unfold in the best-case scenario, but that is not certain because it is not the first time Yearn has attempted an overhaul in recent years. In October 2023, a new vote introduced an escrow token model, like those used by protocols such as Curve Finance, Balancer, and Velodrome, however, even though there was support from YFI token holders, the new model wasn’t widely adopted. “Only 3.8% of the YFI supply is locked, a figure that is in decline,” 0xPickles pointed out. “This demonstrates a fundamental lack of interest in the model.” The new simpler model suggested by 0xPickles 0xPickles’ proposal will scrap the vote escrow model in favour of a simpler staking model. Under the new model, YFI holders will be able to lock up their tokens via staking, which would qualify them to receive a portion of the protocol’s revenue. Another proposal suggests restructuring the DAO to make it more profit-oriented while mandating on-chain financial reporting to justify budget requests from contributors. As for what is prompting these changes, the proposal’s author cited organizational misalignment and coordination inefficiency as two cogent reasons. There is also a final proposal to formalize a plan to distribute 1,700 YFI tokens through strategic contributor incentives, establish a capped performance bonus program, and create a long-term contributor retention pool. The three proposals are currently being discussed on the Yearn governance forum ahead of a vote. It is being touted as an “all-or-nothing” package because the proposals form a single initiative, which means that for it to take effect, it has to pass in full via a DAO vote. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

European auto giant Ferrari has reported its Q3 earnings on Tuesday, showing that it earned €670 million ($769.2 million), beating the €649 million ($745 million) that was forecasted before, while core earnings increased 5% from a year earlier. In the earnings report, Ferrari said its performance was driven by higher pricing in the SF90 XX and 12Cilindri families, along with costly personal customization requests added by buyers. Shipments were 3,401 units, a 0.5% increase. These pricing gains helped offset higher U.S. import tariffs. Shares traded in Milan rose as much as 2.9% after the results and were 1.2% higher by early afternoon. Analysts at Jefferies noted that average selling prices rose 5.1%, even with slower deliveries of the Daytona SP3 model. They pointed to expected first shipments of the F80 starting this quarter. In their comment, they wrote, “Progress on average selling price will be a clear area of focus.” Ferrari sets long-term revenue expectations a little higher than usual The company confirmed its 2025 guidance. It expects at least €7.1 billion in net revenue next year and adjusted EBITDA of at least €2.72 billion. This follows a minor revision during its business plan presentation last month. Before the rebound, the company had seen its shares fall nearly 20% since October 9, following investor disappointment in long-term targets seen as conservative. Ferrari, which maintains a €66 billion market capitalization, said it sees 2030 net revenue reaching around €9 billion and adjusted EBITDA reaching at least €3.6 billion. During the same capital markets day, the company revealed technology intended for its first fully electric model named Elettrica, reportedly set for a global premiere next year. Benedetto Vigna, the company’s chief executive officer, said, “On the product front, we continue to provide our clients with maximum freedom of choice in terms of powertrain.” After being introduced, he is referred to as Benedetto. Ferrari’s Q3 EBITDA of €670 million represented an EBITDA margin of 37.9%. Operating profit (EBIT) came in at €503 million, up by 7.6%, for an EBIT margin of 28.4%. The mix and price impact added €25 million, supported by the SF90 XX and 12Cilindri product families and higher personalization revenue, partly offset by lower Daytona SP3 deliveries and U.S. tariffs. Industrial costs and research and development expenses decreased by €12 million, reflecting lower industrial costs and depreciation, partly offset by higher development spending tied to racing. SG&A rose €23 million, linked to racing and brand investments. Other contributions added €32 million, mainly from racing and lifestyle activities. Net financial charges were €13 million, compared with €1 million a year earlier. The company cited foreign exchange effects and lower interest earned on its cash, partly offset by lower borrowing costs. The effective tax rate for the quarter was 22%, reflecting benefits from the Patent Box and incentives for qualifying research and development spending and investments. Net profit for the quarter was €382 million, up 1.8% from last year. Diluted earnings per share reached €2.14, compared with €2.08 in Q3 2024. Industrial free cash flow was €365 million, supported by higher EBITDA. Capital expenditures totaled €230 million, and changes in working capital and provisions resulted in €55 million in outflows. Net industrial debt was €116 million as of September 30, 2025, compared to €338 million at the end of June. The change also reflects €132 million in share repurchases. Total available liquidity at the end of the quarter stood at €1.968 billion, compared to €2.068 billion at the end of June, which included €550 million in undrawn committed credit lines. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program

A LAWMAKER on Monday filed a resolution urging President Ferdinand R. Marcos, Jr. to grant clemency to a Filipina drug convict who was narrowly spared from execution