Beefy DAO Votes on New Profit Distribution Model
Beefy DAO Votes on New Profit Distribution Model
🗳️ Beefy's Big Money Move
Beefy Finance has initiated a crucial governance vote on profit distribution mechanisms. The protocol also expanded its yield offerings with 23 new strategies.
Key updates:
- Community voting on profit distribution model
- Integration of beS (Beefy Escrowed Sonic) rewards system
- Users can now earn both yield and points through beS
- 23 new yield strategies deployed across networks
This follows recent developments including RWA integration and BIFI-USDT liquidity mining campaign extensions from previous weeks.
Action Required: Community members should participate in the governance vote to help shape Beefy's financial future.
Beefy Weekly Highlights #203 • [BIP:88] CEX Liquidity Incentives Budget money 🤑 • tBTC boost 🔥 • Beefy Testing Club 🖥️ • Infrared one-click migration • beS 👀 • 4 new yield strategies! 🛠️
Beefy Weekly Highlights #205 • Beefy Vote - Profit Distribution 🗳️ • Earn yield and points with #beS 🔥 • 23 new yield strategies! 🛠️
Beefy Weekly Highlights #201 • 1,500,000 Daily Degen Boost 🎩 • Beefy Meat-up in Rome ⏰ • Berachain 32M TVL 📈 • Beefy Annual Report 2024 🏦 • 8 Vaults
Beefy Weekly Highlights #202 • $DEGEN boost 🔥 • did the Ghibli meme 🍌 • 8 DAO boosts 🔥 • 20 new yield strategies! 🛠️
Beefy Weekly Highlights #204 • Beefy Escrowed Sonic $beS now live 🔥 • RWAs now on Beefy 🏛️ • BIFI-UDST liquidity mining campaign extended ⚖️ • 17 new yield strategies! 🛠️
Beefy Finance Launches Q2 2025 Contributor Funding Proposal
Beefy Finance has initiated a new governance proposal (BIP:89) seeking community approval for contributor funding covering May through July 2025. - The proposal spans across Q2 and early Q3 2025 - Follows previous funding round BIP:87 which covered February-April 2025 - Community members can cast votes at [Beefy Vote Portal](https://vote.beefy.finance/#/proposal/0x99de83da33fe2787e573b0563e27e2b77a52869c6996064553dca3e5083f9687) This marks the continuation of Beefy's transparent governance process for contributor compensation.
Balancer Quest Launches with $50K ARB Rewards
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Balancer v3 Vault Launches Autocompounding for AVAX Tokens on Avalanche
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AI-Driven Memecoin $GOAT Reaches $1B Market Cap
An AI called @truth_terminal sparked a memecoin phenomenon by tweeting about the Goatse Singularity, leading to the creation of $GOAT (Goatseus Maximus). Key developments: - AI actively promoted the token, creating cult-like following - Major exchanges including Binance, Kraken, and BitMEX listed the token - Community engagement drove massive volume - Token reached $1B+ market cap Success factors: - AI-driven marketing - Strong community building - Wide exchange accessibility The case demonstrates a new formula for memecoin success: AI + Community + Hype + Accessibility = Growth