Governance
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Execute First Q4W from v1 Pool

YieldBlox DAO governance proposal #29 executes the first withdrawal from its v1 pool, utilizing Soroban Governor and the Blend protocol's backstop module contract to transfer LP tokens to the DAO contract.

#29May 31, 2025 → June 3, 2025
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YieldBlox DAO governance proposal #29 executes the first withdrawal from its v1 lending pool via Soroban Governor, the open-source DAO framework built on Stellar's Soroban smart contract platform. The proposal leverages Blend Capital's backstop module contract, calling its "withdraw" function to consolidate capital from the v1 pool into the DAO treasury contract. This withdrawal marks a key milestone for the DAO-governed protocol, enabling more sophisticated capital management strategies. A subsequent governance proposal will authorize final transfer of the withdrawn LP tokens to the backstop manager contract, completing the multi-phase reallocation process.

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