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BTC $78,831.53 +0.24%
ETH $2,496.42 +0.06%
BNB $741.02 -1.77%
XRP $1.42 -0.48%
SOL $103.50 -0.38%
TRX $0.3399 +0.20%
DOGE $0.0892 -1.03%
ADA $0.2175 -3.68%
BCH $258.55 -0.28%
LINK $12.02 -5.52%
HYPE $85.67 +1.99%
AAVE $129.40 -0.28%
SUI $0.7999 -3.30%
XLM $0.1853 -2.89%
ZEC $1,270.43 +7.25%

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

2023-08-26 14:07:44

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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