YieldBlox Bootstrap 3.0

YieldBlox DAO governance proposes converting 1 million BLND from the DAO's treasury into BLND/USDC liquidity provider tokens to be deposited into the YieldBlox Pool backstop. The bootstrap mechanism requires a minimum of 17,500 USDC in community participation to succeed; if the threshold is not met, all deposits become refundable. The bootstrap was scheduled to close on ledger 54,869,400, expected December 14-15, 2024. YieldBlox is a decentralized, DAO-managed money market protocol on Stellar that utilizes Blend Capital and Soroban Governor for its operations. Community participation details are available through Blend Capital's documentation and the dedicated bootstrap portal.