# \[BIP-591\] Generating USDC revenue for the treasury via BAL covered call lending on MYSO

**URL:** <https://forum.balancer.fi/t/bip-591-generating-usdc-revenue-for-the-treasury-via-bal-covered-call-lending-on-myso/5665>\
**Category:** General Proposal\
**Created:** [March 28, 2024, 5:55pm UTC](https://forum.balancer.fi/t/bip-591-generating-usdc-revenue-for-the-treasury-via-bal-covered-call-lending-on-myso/5665 "2024-03-28T17:55:41Z")\
**Posts on this page:** 1\
**Showing post:** 12

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**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [April 22, 2024, 6:59pm UTC](https://forum.balancer.fi/t/bip-591-generating-usdc-revenue-for-the-treasury-via-bal-covered-call-lending-on-myso/5665/12 "2024-04-22T18:59:01Z")

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Unfortunately, this vote didn’t pass based on our [1 million Yes vote quorum requirement](https://forum.balancer.fi/t/bip-435-change-to-yes-based-quorum-of-1-million-yes-votes/4798). Therefore, any prepared on-chain actions will be removed from execution this week.

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_[View the full topic](https://forum.balancer.fi/t/bip-591-generating-usdc-revenue-for-the-treasury-via-bal-covered-call-lending-on-myso/5665)._