On-chain proposals from the DAOs that govern Stellar protocols — voted on-chain, summarized here with the context behind each one.
YieldBlox DAO bootstrap proposal to convert 1M BLND tokens into BLND/USDC liquidity provider tokens, which will be deposited into the YieldBlox Pool backstop. The bootstrap requires a minimum of 7,500 USDC in participation to succeed; if this threshold is not reached, all deposits are refundable. The bootstrap contract closes on ledger 54436500, scheduled for November 15, 2024.
YieldBlox DAO proposes claiming Backstop earnings to compound its funds via Soroban Governor governance.
YieldBlox DAO governance proposal to allocate 1 million YBX tokens to gYBX holders over one year via Soroban Governor, following prior voter approval.
YieldBlox DAO proposes claiming accumulated Backstop emissions and depositing for reserve compounding.
YieldBlox DAO votes on claiming backstop emissions earned from its participation in the Backstop protocol.
YieldBlox DAO proposes claiming accumulated Backstop emissions and depositing them back into the Backstop to compound treasury funds. Governance vote required.
The YieldBlox DAO governance proposal claims LP tokens from a BLND/USDC bootstrap and deposits them to the YieldBlox backstop on Blend Capital. The deposit reaches the activation threshold needed to launch the YieldBlox money market pool.
The YieldBlox DAO proposes converting 700,000 BLND from its treasury into BLND/USDC liquidity provider tokens to fund the pool backstop, the final infrastructure requirement before launch. The bootstrap closes July 10 and requires a minimum 4,500 USDC to proceed.
YieldBlox DAO proposes transferring its Blend pool to DAO control. If approved, the DAO will assess backstop setup for the pool.
