Curve DAO approves increasing YieldBasis's crvUSD credit limit from 300 million USD to 1 billion USD
Show original
Foresight News reported that Curve DAO has approved raising YieldBasis's crvUSD credit limit from 300 million USD to 1 billion USD. The 1 billion USD crvUSD represents the maximum credit limit, but it is not allocated immediately; its utilization will gradually expand as crvUSD liquidity increases. Curve sets the overall credit limit, while YieldBasis must conduct its own governance votes to raise the cap for each YB market within that limit.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$90,345.13
-2.39%
Ethereum
ETH
$3,090.57
-4.50%
Tether USDt
USDT
$1
+0.00%
BNB
BNB
$880.39
-0.75%
XRP
XRP
$2.01
-1.40%
USDC
USDC
$0.9998
+0.02%
Solana
SOL
$132.72
-2.92%
TRON
TRX
$0.2746
-2.17%
Dogecoin
DOGE
$0.1367
-3.04%
Cardano
ADA
$0.4108
-3.12%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now