💪 Introducing a clear and sustainable revenue allocation plan — designed to strengthen the protocol and build confidence among lenders, borrowers, and $BEND holders.
All protocol lending revenue is be divided into three key parts:
1️⃣ $BEND Buyback & Burn — 20% of revenue will be used to buy back and permanently burn $BEND.
2️⃣ Operational Costs — A portion will maintain essential protocol operations.
3️⃣ Risk Reserve — Remaining revenue covers potential bad debt (e.g. Azuki loan bidding).
💙 BendDAO — Built together, powered by the community.
The @YugaLabs Asia tour kicks off next week.
Taipei. Hong Kong. Shanghai. Seoul.
Events across all four cities.
Register to pull up: https://t.co/dYXxmSPEF5
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Select your PFP NFT carefully, it would be your portrait in social media.
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