YieldBlox
Reduce USTRY (Etherfuse) Collateral Factor to 0% – queue_set_reserve
YieldBlox DAO queued a proposal to reduce USTRY (Etherfuse) collateral factor to 0%, the first step in Blend V2's mandatory two-step governance process. A 7-day timelock follows before a second proposal can activate the change.
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YieldBlox DAO has queued a governance proposal to reduce the collateral factor for USTRY (Etherfuse's tokenized bond product) to 0%. This is the first step in Blend V2's standard two-step governance process; after execution, a mandatory 7-day timelock begins before a second proposal can activate the change. Discussion is happening in the YieldBlox DAO Discord.
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