Governance
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Reduce CETES (Etherfuse) Collateral Factor to 0% – queue_set_reserve

YieldBlox DAO proposes reducing CETES collateral factor to 0% on Blend, step 1 of a two-step governance process via Soroban Governor.

#43April 1, 2026 → April 4, 2026
Vote tally
For 92%Against 8%
36,000,277,528 abstain

YieldBlox DAO has proposed adjusting Blend's reserve parameters through a governance vote using Soroban Governor. The proposal calls queue_set_reserve to reduce the collateral factor for CETES (Etherfuse's tokenized treasury bonds) to 0%, while keeping all other reserve parameters unchanged. This represents step 1 of Blend's standard two-step process. After execution, a mandatory 7-day timelock will follow before a second proposal calling set_reserve can activate the change. The change affects asset index 6 (CETES) on Blend.

AuthorGDJSH2NU2WF6J4P5DL4522DUCABWSTZOKFQ7BHBCFYQ3QKC6FRYWP6OL
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