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XLM $0.1569 -1.40%
ZEC $485.93 -1.47%
BTC $63,052.04 -0.02%
ETH $1,881.37 -0.06%
BNB $606.74 -0.18%
XRP $1.00 -0.24%
SOL $75.48 -0.09%
TRX $0.3309 -0.56%
DOGE $0.0697 -0.82%
ADA $0.1765 -2.53%
BCH $203.55 -1.03%
LINK $9.49 -1.97%
HYPE $57.05 +1.01%
AAVE $86.28 -0.34%
SUI $0.6760 -1.23%
XLM $0.1569 -1.40%
ZEC $485.93 -1.47%

The Curve community voted to approve the proposal "Increase the borrowing rate multiplier to maintain crvUSD peg."

2023-11-28 15:31:34

ChainCatcher message, the Curve community has voted to approve the proposal "Increase Borrowing Rate Multiplier to Maintain crvUSD Peg" with a support rate of 100%.

The proposal adjusts the staking ETH interest rate to 15% and the native ETH interest rate to 11%, so that the spread between the two is approximately equal to the Ethereum staking APR, encouraging the market to actively repay loans.

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