Curve Finance founder proposes Yield Basis to convert CRV into earnings assets
Source: ForesightNews
Time: 2025-09-17 23:58:14
According to CoinDesk, Curve Finance founder Michael Egorov proposed a new proposal, planning to establish a Yield Basis agreement, and intends to issue a $60 million crvUSD stablecoin to support the operation of three Bitcoin trading pools. The protocol will distribute 35%-65% of the proceeds to veCRV holders and reserve 25% of Yield Basis tokens for the Curve ecosystem. The proposal vote will continue until September 24.