Home
Stellar ecosystem · governance

Governance

On-chain proposals from the DAOs that govern Stellar protocols — voted on-chain, summarized here with the context behind each one.

Proposals
200
Live votes
1
DAOs
6
DAOAll 200Aquarius 103YieldBlox 52Reflector 15Public Goods 17SCF Public Goods 12Soroban Domains 1
StatusAll 200Voting 12Passed 89Executed 50Failed 16Expired 30Canceled 1
Proposals
50
AquariusExecuted
Add VELO to the asset registry

Aquarius governance proposal to whitelist VELO, a Treasury-backed stablecoin, on its asset registry. The proposal signals community approval to expand RWA integration on the Stellar DEX.

Asset Registry#34624.87B votes
AquariusExecuted
Add XRP to the asset registry

Aquarius governance vote on whitelisting XRP on its asset registry. The token, bridged from XRP Ledger via Firefly, has 102.6M in supply and a 9/10 Stellar Expert rating with strong activity metrics.

Asset Registry#28313.6B votes
YieldBloxExecuted
Set Backstop Take Rate To Zero

YieldBlox proposes setting the backstop take rate to zero following an exploit on the Comet pool. The change routes accumulated interest directly to lenders and borrowers instead of the backstop. Only the backstop_take_rate parameter is modified; other pool settings remain unchanged.

#511573.53B votes
AquariusExecuted
Add BTC to the asset registry

Aquarius governance vote on whitelisting yBTC, a yield-bearing Bitcoin token issued by Ultra Capital. The asset has 3,317 funded trustline addresses and trades at $66,177.91 per token, backed 1:1 by deposited Bitcoin and generating approximately 1.5% annual yield.

Asset Registry#34916.31B votes
AquariusExecuted
Add SolvBTC to the asset registry

Aquarius governance proposes adding SolvBTC to the asset registry to enable governance-based whitelisting and AQUA reward eligibility. SolvBTC, from Solv Protocol, is the largest on-chain Bitcoin reserve protocol and is already integrated with Aquarius pools across 10+ chains.

Asset Registry#17614.73B votes
AquariusExecuted
Add EURC to the asset registry

Aquarius governance vote to add Circle's EURC (EUR stablecoin) to its asset registry. EURC has 2.62M supply and 4,496 funded trustlines on Stellar as of 2026-07-11.

Asset Registry#17326.19B votes
AquariusExecuted
Add ETH to the asset registry

Aquarius governance proposal to whitelist ETH, an Ultra Capital-issued stablecoin backed 1:1 by Ether deposits and providing 2.7% APY yield. The token has accumulated 6.3M+ trades and 15,958 trustlines on Stellar. Whitelisting enables protocol integrations.

Asset Registry#14720.9B votes
AquariusExecuted
Add yUSDC to the asset registry

Aquarius governance proposal to whitelist yUSDC, an Ultra Capital yield-generating USDC wrapper backed 1:1 by crypto deposits. The asset has 3.31M supply across 34,701 trustlines and rates 9.7/10 on Stellar Expert.

Asset Registry#14620.26B votes
AquariusExecuted
Add SHX to the asset registry

Aquarius governance: SHX (Stronghold's stablecoin) is being added to the asset registry. The token has been on Stellar for over seven years with 90,111 trustlines and 55M+ trades as of June 28, 2026. The addition enables Aquarius users to interact with an established stablecoin backed by Stronghold's reserves.

Asset Registry#14424B votes
AquariusExecuted
Add yXLM to the asset registry

Aquarius governance proposes whitelisting yXLM, Ultra Capital's yield-bearing XLM token offering 1.6% APY. Registration would add yXLM to Aqua's asset registry, enabling trading. Each yXLM is redeemable 1:1 for XLM.

Asset Registry#14321.67B votes
AquariusExecuted
Add PYUSD to the asset registry

Aquarius proposes whitelisting PYUSD, Paxos's $1-backed stablecoin. The governance proposal would add PYUSD to Aquarius's asset registry, expanding DeFi options on Stellar with 7.9M tokens in circulation.

Asset Registry#13920.79B votes
YieldBloxExecuted
Set YieldBlox V2 Pool to admin_active

YieldBlox V2 lending pool transitions to admin_active status, resuming all lending and borrowing functions following governance approval.

#493158.79B votes
YieldBloxExecuted
Update YBX pool emissions to include only XLM and USDC

YieldBlox DAO updates pool emissions to concentrate liquidity incentives on XLM and USDC trading pairs. XLM gets 15% supply and 10% borrow rates; USDC gets 50% supply and 25% borrow rates; all other assets set to 0%.

#481077.46B votes
AquariusExecuted
Add sUSD to the asset registry.

Aquarius governance proposes whitelisting sUSD, a synthetic stablecoin issued by synt.tech. sUSD is pegged to USD but not redeemable or asset-backed; it has 1.5M supply, 941 trustlines, and 855K trades on Stellar.

Asset Registry#13818.17B votes
YieldBloxExecuted
Reduce EURC Collateral Factor to 0% – queue_set_reserve

YieldBlox DAO proposes reducing the EURC collateral factor to 0% on Blend Protocol via Soroban Governor governance. The proposal queues a reserve parameter change as the first step of Blend's standard two-step governance process, which mandates a 7-day timelock before a second proposal can finalize the change.

#462672.47B votes
YieldBloxExecuted
Reduce USDGLO Collateral Factor to 0% – queue_set_reserve

YieldBlox DAO proposes reducing USDGLO collateral factor to 0% in Blend V2 via Soroban Governor. This initiates step 1 of Blend's standard two-step reserve modification; a 7-day timelock follows before the final activation vote.

#451557.1B votes
YieldBloxExecuted
Reduce USTRY (Etherfuse) Collateral Factor to 0% – queue_set_reserve

Governance proposal to reduce USTRY (Etherfuse stablebonds) collateral factor to 0% on Blend Protocol. Step 1 of Blend's two-step reserve adjustment process; 7-day timelock before final activation.

#443512.97B votes
YieldBloxExecuted
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.

#432572.73B votes
YieldBloxExecuted
Freeze YieldBlox Pool

YieldBlox DAO governance proposal to freeze the pool and protect assets while analyzing an oracle exploit.

#401774.08B votes
YieldBloxExecuted
Add PayPal USD (PYUSD) to YieldBlox V2 Pool

YieldBlox DAO is voting on adding PayPal USD (PYUSD) to its V2 lending pool. The proposal sets a 5M supply cap, 90% collateral factor, 111% liability factor, with 90% max utilization and 75% target utilization. If approved, a 7-day queue period precedes the asset's actual addition.

#388386.11B votes
YieldBloxExecuted
Deposit LP Tokens To YieldBlox V2

YieldBlox DAO proposes depositing 34,784 LP tokens into the V2 pool to resolve tokens left in the DAO account during the V1→V2 transition.

#371417.24B votes
YieldBloxExecuted
Increase CETES Supply Cap to 20M Tokens

YieldBlox DAO governance proposal queued to increase CETES supply cap from 5M to 20M tokens. A follow-up proposal will be required after one week to enact the configuration change.

#364614.51B votes
YieldBloxExecuted
Send Final Allocation of 2.15M BLND To Backstop Manager

YieldBlox DAO proposes transferring 2.15M BLND tokens from its treasury to the Backstop Manager contract. The transfer bootstraps YieldBlox V2's backstop with a price floor set at 80% of market value at creation time, managed by the YieldBlox Security Council.

#358716.45B votes
YieldBloxExecuted
Send LP Tokens to Backstop Manager

YieldBlox DAO governance proposal to deposit 567,793 liquid LP tokens to the Backstop Manager contract (AEM5) for YieldBlox V2 backstop functionality. Contingent on Proposal 33 passing.

#349514.28B votes
YieldBloxExecuted
Withdraw Queued Backstop Funds From V1 Pool

YieldBlox DAO governance proposal to withdraw its full deposit from the V1 backstop pool. The action, following Proposal 32's queueing, reallocates capital from the DeFi money market's legacy system.

#336791.95B votes
YieldBloxExecuted
Withdraw DAO Funds From V1 Backstop

YieldBlox DAO proposes withdrawing its full backstop position from the V1 pool to reallocate capital and consolidate operations.

#321520.29B votes
YieldBloxExecuted
Final V1 Backstop Claim

YieldBlox DAO governance proposal to unlock the final v1 emissions claim. Once v1 emissions accrue, the DAO can claim all remaining rewards, with follow-up proposals to come for LP token distributions.

#313087.99B votes
YieldBloxExecuted
Send Claimed LP Tokens To Backstop Manager

YieldBlox DAO governance proposal to transfer 350,000 LP token shares to the Backstop Manager for deposit into the YieldBlox V2 backstop pool, following the successful claim of unlocked backstop tokens.

#302470.89B votes
YieldBloxExecuted
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.

#294468.58B votes
YieldBloxExecuted
Initiate Partial Withdrawal from V1 Backstop

YieldBlox DAO governance vote to withdraw 350,000 shares (approximately half of the DAO's 750,000-share holdings) from the V1 backstop contract. This partial withdrawal is a key step in the DAO's transition strategy from V1 to V2 pool infrastructure.

#285204.74B votes