Yield+ has been live for approximately 12 months, distributing 125k EOS per month across 10 protocols in an effort to increase the opportunities for dApp developers to be rewarded, and EOS users to earn yield on the EOS mainnet. While the program aimed to foster innovation and competition within the EOS ecosystem, the following challenges emerged over time:

  • Despite the program’s goals, there was a noticeable lack of new protocols being incentivized to join. A majority (~84%) of all yield benefitted a singular entity instead of promoting diversity and dynamism within the ecosystem.
  • Protocols came to rely on Yield+ for regular operational expenses, counter to the program’s intent of providing a temporary catalyst for business development and growth opportunities.
  • There was a growing apprehension that should the subsidy decrease, token holders might withdraw their support, suggesting that protocols were not adequately providing value to their token holders, a critical element for success of the program.

All this said, Yield+ was not without its merits. During a volatile market phase, Yield+ played a pivotal role in stabilizing TVL on EOS, preventing a significant downturn. Additionally, it incentivized 10 protocols to continue building and innovating on EOS. However, considering the overarching challenges, the decision to close down Yield+ is in the best interest of the broader EOS community.

On August 6th an MSIG was proposed, and subsequently passed—that set the Yield+ distribution rate to zero—effectively ending the program. As the main recipient of funds and the cornerstone of the EOS DeFi ecosystem, Defibox will modify part of the agreement’s revenue distribution through proposals, and optimize costs to reduce reliance on Yield+ subsidies during the transition period to protect the interests of users.

The ENF, and our partners throughout the EOS ecosystem, will continue exploring new initiatives such as the more targeted research and incubation approach proposed by EOS Labs, that are more in keeping with our mission to cultivate sustainable community led development well into the future. More information about EOS Labs can be found in the recent BP Report.

The EOS Network Foundation remains dedicated to the success of the EOS ecosystem. We thank all participants for their support during the Yield+ program and look forward to a future increasingly driven through community collaboration.

EOS Network

The EOS Network is a 3rd generation blockchain platform powered by the EOS VM, a low-latency, highly performant, and extensible WebAssembly engine for deterministic execution of near feeless transactions; purpose-built for enabling optimal Web3 user and developer experiences. EOS is the flagship blockchain and financial center of the Antelope framework, serving as the driving force behind multi-chain collaboration and public goods funding for tools and infrastructure through the EOS Network Foundation (ENF).


The EOS EVM is an emulation of the Ethereum EVM, housed within an EOS smart contract. It offers feature parity to other EVMs in the space but with unmatched speed, performance and compatibility. EOS EVM connects the EOS ecosystem to the Ethereum ecosystem by allowing developers to deploy a wide array of Solidity-based digital assets and innovative dApps on EOS. Developers can use EOS EVM to take advantage of Ethereum’s battle-tested open source code, tooling, libraries and SDKs, while leveraging the superior performance of EOS.

EOS Network Foundation

The EOS Network Foundation (ENF) was forged through a vision for a prosperous and decentralized future. Through our key stakeholder engagement, community programs, ecosystem funding, and support of an open technology ecosystem, the ENF is transforming Web3. Founded in 2021, the ENF is the hub for EOS Network, a leading open source platform with a suite of stable frameworks, tools, and libraries for blockchain deployments. Together, we are bringing innovations that our community builds and are committed to a stronger future for all.