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CRV price forecast leads to curve yield proposal vote

Source: CoinWorld
Curve Finance DAO is voting on a proposal that aims to create a $60 million crvUSD credit for Yield Basis to create new revenue streams for CRV stakeholders and ecosystems. The program allocates 35-65% of Yield Basis’ value to veCRV holders and 25% to the ecosystem, while creating funding pools for WBTC, cbBTC and tBTC. Founder Michael Egorov said the move could expand the total lock value (TVL) without affecting crvUSD anchoring. CRV prices remained stable, up just 0.1% in 24 hours.
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