According to the official governance page, the Frax Finance community initiated a proposal to "introduce USTB as collateral and custodian asset for frxUSD", proposing the introduction of USTB, Superstate's short-term US government securities fund, as a reserve behind the stablecoin, providing stability, liquidity and treasury securities returns. USTB is a tokenized (ERC-20) fund that provides investors with short-term exposure to U.S. treasury securities. USTB's investment objective is to seek c...
The official governance page shows that the Compound community has voted to approve a proposal to update the CGP. The proposal proposes to extend the Compound Grants Program (CGP) with a budget of $1.375 million for 12 months.
According to the official governance page, the Compound community has launched a new proposal to extend the Compound Grants Program (CGP) with a budget of $1.375 million for 12 months. Voting is now open until September 15.