ycrv

Yearn tweeted that the recent attack related to yETH did not affect the yCRV product.

ChainCatcher news, the Yearn Finance governance page shows that Wintermute has submitted the "YFI Wintermute Loan and CRV Plan" proposal, which requests approval to provide a YFI loan to Wintermute Trading and authorizes the transfer of 350 YFI (2.18 million USD) from the DAO treasury to Wintermute Trading for a period of 12 months, with an interest rate of 0.1%, to be paid in kind at the end of the loan term.Additionally, Wintermute plans to use up to 3 million CRV (1.73 million USD) to purchase yCRV and add its assets to the yCRV-CRV Curve pool (lp-yCRV V2) deployed on Yearn for at least 6 months. Wintermute hopes this move will rebalance the current 69%/31% yCRV/CRV liquidity pool, improve yCRV peg, and increase pool liquidity. The proposal states that a snapshot vote will be initiated after 7 days of community discussion and feedback.