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TechFlow reports that the interest-bearing stablecoin protocol Lybra Finance has announced the official launch of Lybra DAO.
According to information, esLBR and LBR holders can now make key decisions about Lybra's future by submitting governance proposals and voting on them. Each proposal will have a 7-day voting window, and if the DAO votes "yes" on an on-chain proposal, it will be automatically executed by a Time Lock two days after voting concludes.
Interest-bearing stablecoin protocol Lybra Finance announced the official launch of Lybra DAO. esLBR and LBR holders can now submit governance proposals and vote on them to make key decisions about Lybra's future. 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 a Time Lock two days after voting concludes.
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