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BTC $78,597.98 -0.07%
ETH $2,489.75 -0.05%
BNB $739.00 -2.02%
XRP $1.42 -0.86%
SOL $102.97 -0.84%
TRX $0.3395 +0.08%
DOGE $0.0887 -1.28%
ADA $0.2158 -4.78%
BCH $256.76 -0.47%
LINK $11.95 -5.55%
HYPE $85.06 +1.50%
AAVE $128.99 -0.81%
SUI $0.7907 -3.48%
XLM $0.1841 -3.63%
ZEC $1,277.07 +7.32%

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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