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ETH $1,690.30 +0.25%
BNB $602.46 -0.19%
XRP $1.17 +0.98%
SOL $66.73 +0.67%
TRX $0.3264 -0.00%
DOGE $0.0863 +0.23%
ADA $0.1704 +2.96%
BCH $209.72 -8.20%
LINK $7.99 +1.07%
HYPE $63.30 +6.41%
AAVE $63.46 -0.05%
SUI $0.7553 -0.37%
XLM $0.2027 -1.61%
ZEC $457.48 +4.19%

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

2023-08-26 14:07:44
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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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