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Curve Finance founder proposes to establish Yield Basis agreement

Source: golden
According to Golden Finance, CurveFinance founder Michael Egorov proposed a new proposal on September 17, planning to establish a YieldBasis 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 YieldBasis tokens for the Curve ecosystem. The proposal vote will continue until September 24.
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