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Lybra Finance: Lybra DAO has officially launched

Sep 19, 2024 01:51:19

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ChainCatcher news, according to official sources, the interest-bearing stablecoin protocol Lybra Finance has officially launched Lybra DAO.

esLBR and LBR holders will be able to make key decisions about the future of Lybra by submitting governance proposals and voting on them. Each proposal has a 7-day voting window, and if the DAO votes "yes" on an on-chain proposal, it will be automatically executed by Time Lock 2 days after the voting concludes.

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