CandleFocus Curve DAO Seeks to Allocate crvUSD Fees
2024-11-05
Author: Content Editor
Curve DAO's members have begun voting on a proposal to allocate 10% of fees from crvUSD loans towards crvUSD savings. The aim is to strengthen the crvUSD market, which is currently valued at $60 million. If the proposal passes, it could lead to increased revenue for governance members in the long term. So far, 10 million tokens have engaged in the voting process, representing around 30% of the total voting power. The proposal has received majority backing and is set to end on Friday. Some community members have raised concerns about potential negative impacts in the short term, but advocates believe it could lead to greater revenue in the future. The outcome of the vote will significantly impact the future of crvUSD and the financial strategies of the Curve community.
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