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Discussion#1882
Referendum#97

Milestone 2 and 3 Payment Request – YieldBay: Polkadot’s yield farming dashboard

inMedium Spender
2 years ago
Executed

Proponent: 16m9GvS9aYsepHTmZTMbJmc8Z5ZNGJ4D3ySqLE349Li7rKvY (YieldBay Treasury, Polkadot)

Requested Payment Amount: 15,375.745 DOT ($80,000 @ $5.203)

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In March 2023, YieldBay proposed to create Polkadot's first central yield farming dashboard across 3 milestones, approved through Council Motion #355 under Gov1. This proposal seeks retroactive funding of the previously agreed-upon terms for milestones 2 & 3.

Detailed delivery report for milestones 2 & 3

⭐ About YieldBay

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YieldBay currently monitors 183 yield farms across 17 protocols tracking $33M, including collaborations with Interlay, Stellaswap, Arthswap, Mangata, and Zenlink among others.

YieldBay also enables you to track and invest in your yield farming portfolio across 4 different parachains.

YieldBay aims to unify the fragmented DeFi experience that exists currently throughout the ecosystem. Imagine being able to do DeFi on 10 different parachains and being able to track your portfolio – all through YieldBay.

This is in line with Gavin’s take on how crucial “application-centricity” – UIs must span across chains and provide comprehensive experiences.

💪 Why support us?

YieldBay is strongly pledged to the Polkadot Ecosystem and it breaks our heart to see the lack of adoption. In the last quarter, Polkadot’s active daily users took a dip by 16%.

We as an ecosystem need to come together and do something about it.

YieldBay is committed and we have a plan forward that will go hand in hand with the YieldBay List. Take a look at our pitch deck.

Read more about our initial Treasury Proposal here.

Comments (15)

2 years ago

Hello there!

Your proposal will be discussed next week on the first episode of Citizen Auditors!

We're a group of stakeholders wanting to make DotSama more fun, accessible and transparent.

If you want to promote your proposal, please join us next Monday at 14:30 UTC time.
join.dot.foundation

2 years ago

@5FxTTCxWXkR5d7QxTe8QgWctEqKeddUtd8L8GeLBRp3wRqRB

Thanks for sharing this! I'll be presenting on The Kusamarian next week, would love to address any and all concerns directly on there.

But I've forwarded this to Nightwing, he shall get in touch directly.

2 years ago

Dude, you should implement some yield aggregator, for example similar to beefy.finance and earn money with your customers, not provide a website with some links for $75000.

2 years ago

@5C5VZmd8VSeNm44S7rC6Vu3uXwPSiHjWmBz7eAKJLAfYuo7D
Though I'm AYE for this proposal, you do have a great good point here. We need to see more actual business in this eco.

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Requested

DOT
15.38K DOT

Proposal Passed

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