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LiquisLiquisby0xB3f29e7a32ecA64f73865a7F2032C0473E14EF930xB3f2…EF93

TRC-84: Approve Gauge for TBYMarch24(a)-USDC + Future TBY Maturities - Bloom Protocol

Voting ended over 2 years agoSucceeded

TBYs make T Bill yields permissionless, but it comes at a cost: you lose 1% yield in the process. That means that currently, TBYs pay about 4.5%. This is already the best and safest composable/non-KYC yield in DeFi currently available. However, the product goal is to start bringing dollars back from TradFi rails onto DeFi rails for the good of the whole space. Thus, a layer of rewards would help to beat the "risk free rate" in tradfi while only introducing a bit of additional smart contract risk, with little to no added economic risk. A very attractive offering for investors.

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LiquisTRC-84: Approve Gauge for TBYMarch24(a)-USDC + Future TBY Maturities - Bloom Protocol

Timeline

Sep 25, 2023Proposal created
Sep 25, 2023Proposal vote started
Sep 27, 2023Proposal vote ended
Oct 26, 2023Proposal updated