# BST Gov Board Minutes - 22-08-2024

**URL:** <https://forum.blocksquare.io/t/bst-gov-board-minutes-22-08-2024/81>\
**Category:** Governance Board\
**Tags:** governance, minutes\
**Created:** [August 28, 2024, 11:28am UTC](https://forum.blocksquare.io/t/bst-gov-board-minutes-22-08-2024/81 "2024-08-28T11:28:27Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![ajay](https://avatars.discourse-cdn.com/v4/letter/a/f4b2a3/32.png) [@ajay](https://forum.blocksquare.io/u/ajay)\
**Post date:** [August 28, 2024, 11:28am UTC](https://forum.blocksquare.io/t/bst-gov-board-minutes-22-08-2024/81/1 "2024-08-28T11:28:27Z")

</div>

**present:**  
Sascha  
Viktor  
Denis  
Achim

**not present:**  
Simon  
Andy

1. **Treasury on Multisig**

We researched some options what to do with this money (250.000 Dollars) a. use a tool/service provider to aquire ETH at the right time  
b. use our market maker to do it  
c. execute some by orders  
**d. lock it in a lending protocol (Aave) to recieve a variable yield (5%-12% changing daily)**

**Four votes for option d. - Aave**

1. **Marketplace launch pad application**

There are many applications and the work for the sales team is increasing. 2-3 projects per month.  
The number of marketplaces is limited by the available sBST.  
Should we change the process?  
We will create some criterias for the submission we can check against.  
In future maybe also involve the the Forum and the community in the decision.

1. **Token Estate - request for special terms in the agreement.**

You collect 100.000 sBST via the launch pad but members can remove their stakes after 6 month what would mean that they won’t get the full discount.  
They would like to get a guarantee that they can keep the full discount.

**Four votes against their request.**