Governance
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Claim Backstop Earnings V Part III

YieldBlox DAO proposes claiming its earned Backstop emissions. If approved, claimed emissions deposit into the DAO's Backstop account for compounding. Regular claiming proposals will be needed. A no vote blocks emission collection.

#15November 23, 2024 → November 26, 2024
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YieldBlox DAO governance proposal #15 authorizes the DAO to claim earned emissions from the Backstop protocol, a key DeFi component of the YieldBlox ecosystem. If passed, the claimed emissions will be deposited directly into the DAO's Backstop account, allowing the DAO to compound and grow its stake. This represents a routine but essential action; YieldBlox will need to submit similar claiming proposals on an ongoing basis as emissions continue to accrue. A rejection vote prevents the DAO from collecting owed emissions.

AuthorGB5F2BYPFRSCMQPPR226EDCMZDVAVYNN5JIEDLPIN2AV3QMYKUFNXHNB
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