Development of a new type of vault protocol

Voting ended over 3 years agoSucceeded

Since Beefy Finance is one of the best Yield-Aggregators out now, it should be so in the future. A yield type that is currently missing on the complete market is some kind of transformative vault. Let me give you an example: -Chain BSC -Venus Protocol -USDC Yield 1.7% The yield of the USDC should be sold at a regular interval and an other asset should be bought for this, let's say BNB. (BNB then will be some claimable reward)

This kind of vaults can be constructed in several input-output configurations. Stable=USDC,USDT,BUSD / USDC-USDT LP etc... Token=BTC,ETH,BNB,MATIC / BTC-ETH LP etc...

Stable Input -> Token output. Token Input -> Stable output. Token A Input -> Token B output

The Beefy team should evaluate such kind of transformative vault, in the dimension of development, marketing, potential revenues.

Off-Chain Vote

Yes

1.65K BIFI99.3%

11.83 BIFI0.7%

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Timeline

Nov 05, 2022Proposal created

Nov 05, 2022Proposal vote started

Nov 08, 2022Proposal vote ended

Oct 26, 2023Proposal updated