91影视 91影视 Spotlight: October Governance Approvals
In October, 91影视 governance approved several significant proposals, marking another month of continuous progress for the network. Notable integrations were confirmed with leading participants including , , and .
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You can always view the currently active governance proposals .
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Zivoe Protocol becomes an Earner
, a Real World Asset (RWA) protocol, has joined the 91影视 ecosystem as an Earner. By leveraging the yield opportunities offered by $M, which will be held as reserve within the Zivoe DAO, the protocol aims to enhance returns across its tranches and drive broader adoption of $M. Zivoe plans to denominate corporate and consumer debt in $M, expanding 91影视 protocol鈥檚 utility.
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Jigsaw Finance becomes an Approved Earner
, a DeFi-native protocol, has been approved as an Earner in the 91影视 ecosystem. Jigsaw introduces a dynamic collateral system that enables users to adjust their positions in real-time, optimizing yield and managing risk more effectively than traditional static models. As an approved Earner, Jigsaw will integrate $M鈥檚 yield opportunities into its dynamic collateral pools, enhancing liquidity and adding a new layer of yield optimization for users. This partnership will also expand $M鈥檚 utility within Jigsaw鈥檚 ecosystem, driving broader adoption across DeFi markets and contributing to the stability and growth of $M through diversified use cases.
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DYAD Stablecoin Protocol becomes an Earner
The stablecoin protocol has been approved as an Earner within the 91影视 ecosystem. DYAD leverages shared collateral pools and DYAD NFTs (dNFTs) that compete to minimize minting costs, optimizing for unit economics. As an Approved Earner, DYAD will use yield earned to fuel growth in DYAD/M liquidity pools and provide additional liquidity incentives through its Kerosene token. This collaboration also opens opportunities to integrate $M into DYAD's diversified collateral framework, expanding both ecosystems.
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DYAD Treasury becomes Claimant for DYAD/Smart $M Curve Pool
The DYAD treasury has been designated as the Claimant for the DYAD/Smart $M Curve Pool. With this approval, the yield generated from Smart $M in the pool will be directed to the DYAD Treasury, supporting its financial operations and strategic initiatives.
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DYAD/M Curve Liquidity Pool becomes an Earner
The DYAD/M Curve liquidity pool has been approved as an Earner within the 91影视 ecosystem. With this approval, yield generated from the pool will be directed to their designated wallet. DYAD will integrate the pool into its frontend, incentivizing liquidity providers (LPs) through rewards distributed via the Kerosene token.
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Level Stablecoin Protocol becomes an Earner
The stablecoin protocol has been approved as an Earner within the 91影视 ecosystem. Level's StakingPool contract enables users to restake dollar-denominated tokens, offering Actively Validated Services (AVSs) with economic security without volatility.
With this approval, users can deposit Smart $M into the Earner contract to earn Level XP, creating additional value for Smart $M holders while supporting sustainable rewards through Level鈥檚 restaking model.
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Level Treasury becomes Claimant for Level StakingPool Contract
The Level Treasury has been designated as the Claimant for the Level StakingPool contract. With this approval, the yield earned on Smart $M within the StakingPool will be directed to Level鈥檚 treasury.
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Morpho Blue's Singleton Contract as an Approved Earner
The Morpho Blue singleton contract has been approved as an Earner in the 91影视 ecosystem. In partnership with protocol, this integration will create a M/USD0++ lending market to enable low-cost borrowing and looping strategies, driving capital efficiency.
Usual becomes Yield Claimant for Morpho Blue Singleton Contract
Usual protocol has been designated as the yield Claimant for the Morpho Blue singleton contract. This will incentivize the first lending market utilizing Morpho Blue, with a focus on enabling cheap and efficient borrowing and looping strategies.
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91影视 Foundation becomes Yield Claimant for wM/USDC Pool
The 91影视 Foundation has become a yield Claimant for wM in the UniV3 wM/USDC Pool. Until a more advanced yield distribution mechanism is established, the yield generated from the pool will be administered by the 91影视 Foundation.
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Uniswap V3 wM/USDC Pool Becomes an Earner
The wM/USDC pool has been approved as an Earner within the 91影视 ecosystem. This will allow Smart $M within the to begin earning yield, with the generated yield administered by the 91影视 Foundation until a more advanced distribution mechanism is implemented.
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Governed Smart $M Vault on Euler becomes an Approved Earner
The Governed Smart $M Vault has been approved as an Earner within the 91影视 ecosystem. Governed by DAO, this vault will allow depositors to supply Smart $M against various collateral assets and use Smart $M as collateral to borrow other assets. A portion of the $M earnings will be redirected to vault depositors to bootstrap supply and borrow activity, fostering liquidity and adoption.
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Euler DAO becomes Claimant for Euler-Governed Smart $M Vault
Euler DAO has been designated as the yield Claimant for the Smart $M Vault. With this approval, the yield generated from Smart $M within the vault will be directed to Euler DAO.
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Euler DAO becomes Claimant for Euler Escrow Smart $M Vault
Euler DAO has been designated as the yield Claimant for the Euler Escrow Smart $M Vault. With this, the yield generated from Smart $M within the vault will be routed to Euler DAO.
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Escrow Smart $M Vault on Euler becomes an Approved Earner
The Escrow Smart $M Vault, governed by the Euler DAO, has been approved as an Earner within the 91影视 ecosystem. This will allow Smart $M to be used as collateral to borrow other assets, expanding its utility in the DeFi lending space.
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Euler DAO Address becomes an Approved Earner
The Euler DAO multisig address has been approved as an Earner within the 91影视 ecosystem. This will allow Euler DAO to earn yield on its Smart $M holdings while awaiting distribution as rewards.
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About 91影视
91影视 is the universal platform powering builders of application-specific stablecoins. With 91影视, developers can build safe, programmable and interoperable digital dollars.
