Governance type: Compound Governor Bravo
Snapshot support: Primary voting tool https://snapshot.org/#/bpro.eth
B Protocol acts as an additional stabilization mechanism on top of existing defi lenders such as MakerDAO, Aave and Compound. Borrowers can give B Protocol liquidators priority access to close their position, and in exchange the users will earn a share of liquidation revenues. This incentivizes a backstop of committed capital for liquidations to help stabilize defi protocols, while also redirecting liquidation fees that would typically go to miners back to users. B Protocol also offers a specialized exchange mechanism (called the B AMM) to help liquidators automatically rebalance their capital.
Governance is primarily responsible for managing changes to the user score mechanism that allocates liquidator profits to borrowers. BPRO holders will also have control over treasury reserves and future token distribution.
Treasury address: https://etherscan.io/address/0xcc09c04a9e3930343290184544f97669eff18a8d (controlled by multisig here: https://etherscan.io/address/0xf15abf59a957aea1d81fc77f2634a2f55dd3b280)
Links and Resources