Yearn Finance reveals ‘Coordinape’ decentralized grant distribution platform

Cointelegraph

Published Mar 31, 2021 07:29PM ET

Updated Mar 31, 2021 09:00PM ET

Yield vault protocol Yearn Finance has revealed today the details of “Coordinape,” a new platform for distributing the $40,000-per-month Yearn DAO community grants budget — just one initiative in a wider effort to further decentralize Yearn’s governance.

Yearn founder Andre Cronje — who said in an interview with Cointelegraph that he no longer takes part in Yearn’s “day to day” development — revealed the program in a blog post this morning.

h3 Trusted trustlessness/h3

Continue Reading on Coin Telegraph