Curve DAO Considers crvUSD Allocation for YiD Basis Mainnet Launch

2025-09-24 23:01

Curve Finance founder Michael Egorov has proposed to the Curve DAO the allocation of 60 million crvUSD to support the YiD Basis protocol's mainnet launch. The proposal includes the creation of three Bitcoin-focused liquidity pools—WBTC, cbBTC, and tBTC—each capped at $10 million. These pools aim to leverage YiD Basis technology to mitigate impermanent loss and enhance Bitcoin yield generation. Additionally, the proposal suggests allocating 7.5% of YiD Basis tokens to Curve DAO to promote crvUSD adoption through increased transaction activity. The voting on this proposal concludes on September 24.

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