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Lybra Finance announces Lybra DAO will launch on October 1st

Lybra Finance, the issuer of the interest-bearing stablecoin, announced that Lybra DAO will be launched at 1:00 PM UTC on October 1st (9:00 PM Beijing time). esLBR and LBR holders will be able to submit governance proposals and vote on them to make critical decisions about Lybra's future. Each proposal will have a 7-day voting window, and if the DAO votes "yes" on the on-chain proposal, the proposal will be automatically executed by Time Lock 2 days after the voting is completed.

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