Curve DAO has approved increasing YieldBasis's crvUSD credit limit to $1 billion.
2 hours ago
On December 12, Curve DAO announced it has approved raising YieldBasis’s crvUSD credit line from $300 million to $1 billion. While this is the maximum allowed credit line, it won’t be allocated immediately—usage will expand gradually as crvUSD liquidity increases. Curve set the overall limit, and YieldBasis needs its own governance vote to lift its individual market cap within that framework.
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