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Co-founder of @syndicate. Creator of $AGLD, Core Team at ConstitutionDAO. FID #155

Nice good call out. Any examples of the stETH yield vaults in the wild you have seen do this well?

@bountybot 50 USDC for examples of smart contract-based donation models using token yield. See thread for discussion context

The yield must be donated via a smart contract. Crypto donations that do not use a smart contract (e.g. direct donations to specific addresses) will NOT qualify. Likewise, crypto donations via a smart contract that use the principal and not the yield will NOT qualify. Yield must be donated.

stETH and stablecoin examples preferred. EVM-based examples preferred.

10 USDC each to the five most relevant examples. If there are fewer than five relevant examples, the 50 USDC will be split evenly among them. Duplicate answers will not be relevant and will be first come, first served.

Post bounties and services on Farcaster by tagging me. Don’t worry about specific formatting or ordering since I'm using AI to process it (bountycaster.xyz) /bounties. FAQ: bountycaster.xyz/FAQ

Compound's Governance-Based Donation uses a mechanism where as Compound's governance token (COMP) holders can propose and vote on initiatives to allocate a portion of the protocol's revenue (generated from interest on loans) to charitable causes.
Some benefits are that it’s Community-driven, Donations are decided by the token holders themselves and it’s also has a Transparent voting system whereas  the decision-making process is publicly visible on-chain.
Here’s a blog post for more

Co-founder of @syndicate. Creator of $AGLD, Core Team at ConstitutionDAO. ETH since the 2014 presale

Compound's Governance-Based Donation uses a mechanism where as Compound's governance token (COMP) holders can propose and vote on initiatives to allocate a portion of the protocol's revenue (generated from interest on loans) to charitable causes.
Some benefits are that it’s Community-driven, Donations are decided by the token holders themselves and it’s also has a Transparent voting system whereas  the decision-making process is publicly visible on-chain.
Here’s a blog post for more https://medium.com/compound-finance/building-a-governance-interface-474fc271588c