YieldBlox
Claim Backstop Earnings II
YieldBlox DAO votes on claiming backstop emissions earned from its participation in the Backstop protocol.
Vote tally
YieldBlox DAO is voting on Proposal 4 to claim accumulated emissions from the YieldBlox Backstop, a risk management mechanism in the money market protocol. If approved, the claimed emissions will be reinvested into the Backstop fund, compounding the DAO's reserve position. The Backstop allows participants to earn yields by locking assets. YieldBlox uses Soroban Governor, an open-source DAO smart contract framework, to manage governance decisions. Regular claiming and reinvestment proposals are expected as the DAO maintains its treasury and Backstop stake.
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