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BTC $62,004.47 +0.70%
ETH $1,632.62 -0.58%
BNB $589.60 -0.29%
XRP $1.11 -2.65%
SOL $64.09 -1.16%
TRX $0.3212 -0.46%
DOGE $0.0838 -1.04%
ADA $0.1617 -1.85%
BCH $197.98 -2.47%
LINK $7.68 -1.47%
HYPE $55.53 -5.54%
AAVE $62.38 +1.86%
SUI $0.7401 -1.34%
XLM $0.1858 -4.47%
ZEC $422.88 -6.39%

The Yearn community has opened voting on the "Wintermute YFI Loan and CRV Program" proposal

2023-08-26 14:07:44
Collection

ChainCatcher message, the Yearn community's proposal on "Wintermute YFI Loan and CRV Plan" has opened for voting, which will end at 02:14 Beijing time on August 31.

In this proposal, Wintermute requests the Yearn community to approve a YFI loan to Wintermute Trading and authorize the transfer of 350 YFI (approximately $1.98 million) from the DAO treasury to Wintermute Trading, with a loan term of 12 months and an interest rate of 0.1%, to be paid in kind at the end of the loan.

At the same time, Wintermute plans to use up to 3 million CRV (approximately $1.4 million) to purchase yCRV and deploy it into the yCRV-CRV Curve pool.

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