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ETH $2,309.52 +0.94%
BNB $625.89 +0.29%
XRP $1.39 -0.34%
SOL $84.58 +0.52%
TRX $0.3221 -0.62%
DOGE $0.1011 +1.85%
ADA $0.2488 +0.74%
BCH $453.17 +1.22%
LINK $9.30 +0.31%
HYPE $40.40 -1.71%
AAVE $97.10 +0.07%
SUI $0.9317 +0.26%
XLM $0.1626 -1.37%
ZEC $335.63 -3.50%

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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