Bootstrapping

Depositors assemble! Lock stablecoins in the Bootstrapper contract and get st-yUSD at a lovely 1:1 ratio (because simple is beautiful).

Your stable coins will be locked for xxx weeks, during which you get to vote on which yield bearing stables belong in yUSD. Plus, you get incentives don’t let that governance power go to your head anon.

And here’s the kicker—no need for fancy strategies. You’ll earn incentives from all yield bearing stablesthat end up in the yUSD basket, regardless of your votes. On top of that, you’ll be raking in yield during the entire lock-up period. Winning all around.

Whitelisted protocols, time to get those incentives ready. Incentives can be posted in any token and in any amount.

If your Token does not get included in yUSD (sad), you’ll be able to claim back the full incentive amount (happy).

If your Token is included in yUSD, your incentive will be distributed to all st-yUSD holders that participated in the voting process, whether they voted for you or not.