লক্ষীঝাঁপি সিরিয়াল 26 সেপ্টেম্বর ফুল এপিসোড। লক্ষীঝাঁপি আজকের পর্ব

The Curve DAO has formally authorized a proposal to deploy Yield Basis, a new protocol developed by Curve Finance creator Michael Egorov.

The proposal, which focuses on using Curve’s native stablecoin, crvUSD, for Yield Basis activities, has been a top priority for the Curve community, with a vote held today.

The core of the proposal involves the establishment of a 60 million crvUSD credit line to power the initial operations of Yield Basis. This new approach is designed to alleviate one of DeFi’s most persistent issues: impermanent loss (IL) in volatile asset pools. By mitigating IL, Yield Basis aims to unlock meaningful and sustainable yield opportunities for Bitcoin (BTC) on the Ethereum (ETH) mainnet, a feat that has largely eluded the DeFi space.

Convex’s system, which controls the bulk of veCRV, allows users to vote for or against on-chain proposals in proportion to internal tallies. After those blocs voted, smaller holdings and individual wallets contributed to the turnout, which approached 80%.

Egorov, who alone had more than 3% of the vote, stated that he would not participate until the outcome was certain.

A staggered rollout to mainnet

Curve Founder Michael Egorov first presented the project in August, and it has now passed a governance vote in the Curve DAO, indicating the beginning of a phased deployment.

The approved credit line will initially enable three Bitcoin-specific liquidity pools: Wrapped Bitcoin (WBTC), Coinbase Wrapped Staked ETH (cbBTC), and tBTC. Each of these pools will have an initial maximum of $10 million, laying the groundwork for a leveraged Bitcoin yield primitive.