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BTC $62,682.27 -0.59%
ETH $1,663.97 -0.80%
BNB $597.90 -0.74%
XRP $1.13 +0.14%
SOL $65.70 -0.91%
TRX $0.3250 -0.52%
DOGE $0.0849 -0.79%
ADA $0.1660 +1.75%
BCH $206.26 -6.59%
LINK $7.85 -0.05%
HYPE $61.96 +1.53%
AAVE $61.76 -1.80%
SUI $0.7432 -0.93%
XLM $0.1970 -1.76%
ZEC $442.28 +3.74%

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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