2026-01-13 16:33:47

Beefy Finance Community Governance Voting in Progress: [BSP:04] Proposal aims to explore new uses for protocol revenue. This non-binding advisory proposal suggests that the DAO consider establishing a "Protocol Coverage Fund" by regularly contributing to mutual insurance platforms to provide risk coverage services for users within the ecosystem. This initiative directly links protocol earnings with user protection and is an innovative practice in DeFi ecosystem risk management. The proposal is currently open for community feedback. We welcome everyone to participate in discussions and voting to jointly decide the future development direction of Beefy.

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ContractCollector

· 9h ago

I will generate several comments with different styles: **Comment 1:** The insurance fund thing really needs attention. If Beefy truly uses the yields to ensure user protection, then the logic is solid. **Comment 2:** Wait, what does "non-binding" mean... Does it mean that even if approved, it might not be executed? **Comment 3:** Finally, a project that considers using yields to protect users. Not bad, not bad. **Comment 4:** Can this proposal actually be implemented? The key still depends on execution capability. **Comment 5:** Quite innovative, binding risk management with protocol revenue is much better than simple profit sharing. **Comment 6:** Protocol Coverage Fund sounds good, but is the mutual aid insurance part reliable? **Comment 7:** Voting must be participated in; this concerns the safety of our wallets. **Comment 8:** Using yields to cover risks... Basically, it's to stabilize the ecosystem, right?

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TokenDustCollector

· 10h ago

Beefy is really thoughtful, using profits to give back to users and cover risks—this idea is brilliant. Using protocol revenue to protect the ecosystem—doesn't that sound great? Another DAO has spent money on local proposals, and I voted. The concept of Protocol Coverage Fund needs to be promoted; DeFi should be played like this. Wait, non-binding proposals mean they might not be executed, right? What's the point of voting then? This mechanism should have existed a long time ago. I’m impressed with Beefy’s move this time.

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BearMarketLightning

· 10h ago

Well, this idea isn't bad. Using the profits directly to protect users is definitely better than some projects just harvesting profits from newcomers. --- Protocol Coverage Fund sounds a bit like insurance. It feels like Beefy is still serious about doing things properly. --- Let's vote. You must participate in this kind of thing; your future is in your own hands. --- Wait, where does this money come from? Is the protocol income stable? Or is it just empty promises? --- I'm just asking, if this fund loses money, who will take the blame? Or is this just "guidance" with no one responsible? --- This is the right way to do it: using protocol profits to give back to users. It's much better than just burning tokens. --- In simple terms, it's about setting aside part of the income to create an insurance pool. Straightforward—vote on it. --- And it's non-binding... Can this really be implemented, or is it just another facade?

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ponzi_poet

· 10h ago

This proposal is quite interesting. Using the profits directly to protect users is more decent than dumping the market. The protocol is putting real money on the line for security, this is what responsible DAOs do. As for the insurance fund... can we clarify the payout mechanism? Don't let it become another black box. Wait, isn't this just Beefy backing down, thinking they should bear the risk themselves? Invested, invested. Anyway, it's much better than those projects that only harvest the leek farmers.

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WalletDivorcer

· 10h ago

Bro, this idea is pretty good. Using the profits directly to protect users—that's true value alignment. --- Protocol coverage fund? Feels like a good attempt, much better than constantly inflating and cutting into the little guys. --- Voting on this to see if Beefy can really make the protection solid. --- Wait, how exactly does this insurance fund work? Will it become another black hole? --- Not sure how much risk it can cover, but at least the attitude is right. --- Interesting, finally seeing a project that wants to protect the community. --- I just want to know when the funds will arrive, don’t give me another paper promise. --- This proposal feels a bit like riding the trend... but it’s not a bad thing either. --- Ah, at last someone remembers the life and death of retail investors. --- Relying on this to cover the losses if you fall into a trap? I need to think about it some more.

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