According to ChainCatcher news, according to official news, interest-bearing stablecoin protocol Lybra Finance announced the official launch of Lybra DAO.
esLBR and LBR holders will be able to make key decisions on the future of Lybra by submitting and voting on governance proposals. Each proposal has a 7-day voting window. If the DAO votes "yes" to the on-chain proposal, the proposal will be automatically executed by Time Lock 2 days after the voting is completed.
esLBR and LBR holders will be able to make key decisions on the future of Lybra by submitting and voting on governance proposals. Each proposal has a 7-day voting window. If the DAO votes "yes" to the on-chain proposal, the proposal will be automatically executed by Time Lock 2 days after the voting is completed.